ESOP · DOL Form 5500 · 2023
Okonite Company Inc ESOP
Data updated 2026-08-11
- $421M
- Total assets
- 1,127
- Participants
- 97th
- Percentile by assets
- $373,474
- Avg per participant
Official DOL plan name: Okonite Company Employees Stock Ownership Plan · Sponsored by Okonite Company Inc · New Jersey · Manufacturing
$421M in assets, 1,127 participants
Okonite Company Inc's Okonite Company Employees Stock Ownership Plan reported $421M in total assets and 1,127 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 127,072 plans)
- #17,829 in Manufacturing (18,722 peers)
Where Okonite Company Employees Stock Ownership Plan sits by assets
Okonite Company Employees Stock Ownership Plan sits in the top 5% of all filed plans by assets, $421M for 1,127 participants (~$373,474/participant), up 12.0% in 2023.
- $421M
- total plan assets (2023 EOY)
- 1,127
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $373,474
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Okonite Company Employees Stock Ownership Plan reported net income fell from $83M in the plan year 2022 filing to $41M in the plan year 2023 filing.
- Okonite Company Employees Stock Ownership Plan end-of-year assets rose from $376M in the plan year 2022 filing to $421M in the plan year 2023 filing.
- Okonite Company Employees Stock Ownership Plan reported participants rose from 1,111 in the plan year 2022 filing to 1,127 in the plan year 2023 filing.
Okonite Company Employees Stock Ownership Plan vs the 2023 asset distribution
By assets, Okonite Company Employees Stock Ownership Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $376M |
|---|---|
| Net Assets (End of Year) | $417M |
| Net Income | $41M |
| Employer EIN | 222279445 |
| Plan Effective Date | 1976-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Okonite Company Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 2,645 | $567M |
| 2023 | 5 | 2,652 | $623M |
| 2024 | 5 | 2,760 | $651M |
Nearby ESOP Plans in New Jersey
Peer ESOP plans, same state, same plan type, ranked by total assets.
Okonite Company Employees Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
- Mathematica Group Holding Inc. Employee Stock Ownership Plan $309M · 1,571
- Conair LLC Savings and Investment Plan $301M · 1,050
- Amboy Bancorporation Employee Stock Ownership Plan $107M · 193
- Columbia Bank Employee Stock Ownership Plan $86M · 729
- Employees' Stock Ownership Plan of Cenlar Capital Corporation $62M · 2,710
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Okonite Company Employees Stock Ownership Plan by total assets, not by location.
- Vermont Information Processing, Inc. Employee Stock Ownership Plan (VT) $424M · 600
- Chemonics International, Inc. Employee Stock Ownership Plan (DC) $426M · 2,206
- Force America Inc. Employee Stock Ownership Plan (MN) $427M · 412
- Barr Brands International Amended and Restated Employee Stock Ownership Plan (TN) $427M · 401
Frequently Asked Questions
How did Okonite Company Employees Stock Ownership Plan assets move in 2023? ▼
How have Okonite Company Inc plan assets changed over time? ▼
Where does Okonite Company Employees Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Next read for Okonite Company Employees Stock Ownershi…
Scale reading
Ways to act on Okonite Company Employees Stock Ownership Plan's numbers.
- By total assets, Okonite Company Employees Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New Jersey. Compare plans
- Okonite Company Inc's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Manufacturing plans