ESOP · DOL Form 5500 · 2023
Okonite Company Inc ESOP
Data updated 2026-08-25
- $421M
- Total assets Above avg plan size
- 1,127
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $373,474
- Avg per participant High balance/head
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.
- #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.
- #17,829
- in Manufacturing (18,722 peers)
- +12.0%
- assets growth YoY
- 4.2×
- vs typical plan assets (national mean)
Okonite Company Employees Stock Ownership Plan's outsized position by total assets
Okonite Company Employees Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$420,904,787 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Okonite Company Employees Stock Ownership Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Okonite Company Employees Stock Ownership Plan lands in the large band (1,127 participants).
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.
Form 5500 schedule snapshot
Filing strip 222279445 · Okonite Company Inc PY 2023 · ESOP
Okonite Company Employees Stock Ownership Plan · $421M · 1,127 · 97th
- EBSA $421M
- EBSA 1,127
- EBSA 97th
- EBSA ESOP
- EBSA near Vermont Information Processing, Inc. Employee Stock Ownership Plan
- EBSA ind #17829
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in New Jersey →
Okonite Company Employees Stock Ownership Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Okonite Company Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $651M 14.926673932659218% vs 2022
- 2024 filing year
| 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.
- 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
Okonite Company Employees Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside New Jersey, the nearest ESOP by assets is Vermont Information Processing, Inc. Employee Stock Ownership Plan in VT ($424M); by covered participants it is Reliance, Inc. Employee Stock Ownership Plan in AZ (1,127 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($421M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (1,127 participants); asset peers above are excluded.
- Reliance, Inc. Employee Stock Ownership Plan (AZ) 1,127 · 0 off
- Litehouse, Inc. Employee Stock Ownership Plan (ID) 1,130 · 3 off
- Triple B Corporation Employee Stock Ownership Plan (WA) 1,123 · 4 off
- Central States, Inc. Employee Stock Ownership Plan (AR) 1,113 · 14 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.