Defined Benefit (Pension) · DOL Form 5500 · 2023

Okonite Company Inc Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
218
Participants Below avg headcount
59th
Percentile by assets National rank
$45,977
Avg per participant Low balance/head
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Official DOL plan name: The Okonite Company Orangeburg Hourly Employees Pension Plan · Sponsored by Okonite Company Inc · New Jersey · Manufacturing

$10M in assets, 218 participants

Okonite Company Inc's The Okonite Company Orangeburg Hourly Employees Pension Plan reported $10M in total assets and 218 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,409 in Manufacturing (18,722 peers)

Coverage in New Jersey

The Okonite Company Orangeburg Hourly Employees Pension Plan covers 218 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#8,409
in Manufacturing (18,722 peers)
+4.0%
assets growth YoY

The Okonite Company Orangeburg Hourly Employees Pension Plan's mid-pack asset rank among Manufacturing and all filers

The Okonite Company Orangeburg Hourly Employees Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,023,006 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Okonite Company Orangeburg Hourly Employees Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Okonite Company Orangeburg Hourly Employees Pension Plan sits mid-pack in the medium band (218 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Okonite Company Orangeburg Hourly Employees Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $390K in the plan year 2023 filing.
  • The Okonite Company Orangeburg Hourly Employees Pension Plan reported participants rose from 204 in the plan year 2022 filing to 218 in the plan year 2023 filing.
  • The Okonite Company Orangeburg Hourly Employees Pension Plan end-of-year assets rose from $10M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 222279445 · Okonite Company Inc PY 2023 · Defined Benefit (Pension)

The Okonite Company Orangeburg Hourly Employees Pension Plan · $10M · 218 · 59th

  • SCH $10M
  • EBSA 218
  • PART 59th
  • TYPE Defined Benefit (Pension)
  • NET near Employee Benefits Plan of Methodist Home for Children
  • BOOK ind #8409

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 Manufacturing retirement plans → · Plans in New Jersey →

The Okonite Company Orangeburg Hourly Employees Pension Plan in the asset neighbourhood

Employee Benefits Plan of Methodist Home for ChildrenEmployee Benefits Plan of Me…$10MThe Cleveland Museum of Art Pension PlanThe Cleveland Museum of Art …$10MThe Okonite Company Orangeburg Hourly Employees Pension PlanThe Okonite Company Orangebu…$10MBank of Commerce & Trust Company Pension PlanBank of Commerce & Trust Com…$10MRetirement Plan for Employees of Halocarbon Products CorporationRetirement Plan for Employee…$10M
End-of-year total assets ($M) among The Okonite Company Orangeburg Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$390K
Employer EIN222279445
Plan Effective Date1994-09-01
Filing StatusFILING 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
$550M$600M$650M$700M 202220232024 $567M $651M ▲ +14.9%
Year Plans Participants Total Assets
2022 5 2,645 $567M
2023 5 2,652 $623M
2024 5 2,760 $651M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Okonite Company Orangeburg Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants The Okonite Company Orangeburg Hourly Employees Pension Plan, Total assets ($B): 0.010023006 · Participants: 218The Okonite Company Orangeburg Hourly Employees Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
The Okonite Company Orangeburg Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare The Okonite Company Orangeburg Hourly Employees Pension Plan side-by-side with 3 peers →

The Okonite Company Orangeburg Hourly Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Employee Benefits Plan of Methodist Home for Children in NC ($10M); by covered participants it is Kellanova Muncy Pension Plan in IL (218 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (218 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Okonite Company Orangeburg Hourly Employees Pension Plan assets move in 2023? ▼
The Okonite Company Orangeburg Hourly Employees Pension Plan edged up modestly - up 4.0% during 2023, from $10M to $10M. Reported net income was $390K.
How have Okonite Company Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Okonite Company Inc's sponsor-wide assets grew 14.9%, from $567M to $651M.
Which Defined Benefit (Pension) plans are similar in size to The Okonite Company Orangeburg Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employee Benefits Plan of Methodist Home for Children in NC ($10M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Okonite Company Orangeburg Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kellanova Muncy Pension Plan in IL (218 participants, $40M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.