Other
2023 plan-year Other DOL Form 5500

OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

OKONITE COMPANY INC

This Other plan holds $421M in total assets and serves 1,127 participants as of 2023. It is sponsored by OKONITE COMPANY INC in New Jersey. The plan reported positive net income of $41M for the year.

Total Assets (2023)
$421M
Participants
1,127
State
Industry
Manufacturing

What the Filing Says About OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN

OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by OKONITE COMPANY INC, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $421M in total end-of-year assets and covers 1,127 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 222279445, and the plan has been effective since 1976-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $376M at the beginning of 2023 to $421M at year-end — a gain of 12.0%. Net assets (after liabilities) closed the year at $417M, with reported net income of $41M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$376M
Total Assets (End of Year)$421M
Net Assets (End of Year)$417M
Net Income$41M
Plan TypeOther
Employer EIN222279445
Plan Effective Date1976-01-01
Filing StatusFILING 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 Other Plans in New Jersey

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN holds $421M in total assets with 1,127 participants. It is sponsored by OKONITE COMPANY INC.
What type of plan is OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN?
OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 1976-01-01. The plan is filed with the U.S. Department of Labor under EIN 222279445.
Who sponsors the OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN?
OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN is sponsored by OKONITE COMPANY INC, located in New Jersey. The sponsor's EIN is 222279445 and the plan operates in the Manufacturing industry.
How did OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN perform in 2023?
OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN grew by 12.0% during 2023, moving from $376M to $421M in total assets. Net income was $41M.
Where can I find official filings for OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN?
Official Form 5500 filings for OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 222279445 or plan name at efast.dol.gov.
How does OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN compare to other plans?
You can compare OKONITE COMPANY EMPLOYEES STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 222279445.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.