401(k) · DOL Form 5500 · 2023

Okuma America Corporation 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
216
Participants Below avg headcount
84th
Percentile by assets National rank
$198,727
Avg per participant Above avg balance/head
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Official DOL plan name: Okuma America Corp. Savings and Investment Plan · Sponsored by Okuma America Corporation · North Carolina · Wholesale Trade

$43M in assets, 216 participants

Okuma America Corporation's Okuma America Corp. Savings and Investment Plan reported $43M in total assets and 216 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #5,338 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Okuma America Corp. Savings and Investment Plan covers 216 participants in North Carolina, about 26% of the average North Carolina filer (state average ~819 per filing). Assets: $43M.

#5,338
in Wholesale Trade (6,309 peers)
+20.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Okuma America Corp. Savings and Investment Plan's outsized position by total assets

Okuma America Corp. Savings and Investment Plan vs every filed plan by assets

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

$42,925,121 Top 16% higher than 84% 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

Okuma America Corp. Savings and Investment 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. Okuma America Corp. Savings and Investment Plan sits mid-pack in the medium band (216 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Okuma America Corp. Savings and Investment Plan reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Okuma America Corp. Savings and Investment Plan end-of-year assets rose from $36M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Okuma America Corp. Savings and Investment Plan reported participants rose from 198 in the plan year 2022 filing to 216 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 112670887 · Okuma America Corporation PY 2023 · 401(k)

Okuma America Corp. Savings and Investment Plan · $43M · 216 · 84th

  • PHOTO $43M
  • PHOTO 216
  • PHOTO 84th
  • PHOTO 401(k)
  • PHOTO near Aurubis Buffalo, Inc. 401(k) Retirement Plan
  • PHOTO ind #5338

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Okuma America Corp. Savings and Investment Plan in the asset neighbourhood

Okuma America Corp. Savings and Investment PlanOkuma America Corp. Savings …$43MThe Gold Medal Products Co. 401(k) Profit Sharing PlanThe Gold Medal Products Co. …$43MGeo. Byers Sons, 401(k) Plan$43MRepublic Steel 401(k) Plan$43MAurubis Buffalo, Inc. 401(k) Retirement PlanAurubis Buffalo, Inc. 401(k)…$43M
End-of-year total assets ($M) among Okuma America Corp. Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$43M
Net Income$7M
Employer EIN112670887
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Okuma America Corporation)

Sponsor-wide plan assets over time

All Okuma America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$71M 22.95671652116552% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $57.8M $71M ▲ +22.9%
Year Plans Participants Total Assets
2022 2 363 $58M
2023 2 380 $67M
2024 2 394 $71M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Okuma America Corp. Savings and Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Okuma America Corp. Savings and Investment Plan, Total assets ($B): 0.042925121 · Participants: 216Okuma America Corp. Savings and Investment PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Okuma America Corp. Savings and Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Okuma America Corp. Savings and Investment Plan side-by-side with 3 peers →

Okuma America Corp. Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Aurubis Buffalo, Inc. 401(k) Retirement Plan in NY ($43M); by covered participants it is Hitachi Rail Honolulu Jv Retirement/Savings Plan in PA (216 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (216 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 Okuma America Corp. Savings and Investment Plan assets move in 2023? ▼
Okuma America Corp. Savings and Investment Plan grew sharply - up 20.7% during 2023, from $36M to $43M. Reported net income was $7M.
How have Okuma America Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Okuma America Corporation's sponsor-wide assets grew 23.0%, from $58M to $71M.
Where does Okuma America Corp. Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Okuma America Corp. Savings and Investment Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Okuma America Corp. Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aurubis Buffalo, Inc. 401(k) Retirement Plan in NY ($43M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Okuma America Corp. Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hitachi Rail Honolulu Jv Retirement/Savings Plan in PA (216 participants, N/A 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 112670887.

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.