401(k) · DOL Form 5500 · 2023
Torcon, Inc. 401(k) Plan
Data updated 2026-08-11
- $94M
- Total assets
- 226
- Participants
- 91st
- Percentile by assets
- $417,588
- Avg per participant
Official DOL plan name: Torcon, Inc. Retirement Plan · Sponsored by Torcon, Inc. · New Jersey · Construction
$94M in assets, 226 participants
Torcon, Inc.'s Torcon, Inc. Retirement Plan reported $94M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 127,072 plans)
- #8,053 in Construction (9,030 peers)
Coverage in New Jersey
Torcon, Inc. Retirement Plan covers 226 participants in New Jersey, about 27% of the average New Jersey filer (state average ~844 per filing). Assets: $94M.
- $94M
- total plan assets (2023 EOY)
- 226
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $417,588
- avg assets per participant
Where Torcon, Inc. Retirement Plan sits by total assets
Torcon, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$94,374,879 Top 9% higher than 91% 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Torcon, Inc. Retirement Plan reported net income rose from -$22M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Torcon, Inc. Retirement Plan reported participants rose from 184 in the plan year 2022 filing to 226 in the plan year 2023 filing.
- Torcon, Inc. Retirement Plan end-of-year assets rose from $82M in the plan year 2022 filing to $94M in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Torcon, Inc. Retirement Plan reports 226 participants - about 27% of that state average ($94M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $82M |
|---|---|
| Net Assets (End of Year) | $94M |
| Net Income | $13M |
| Employer EIN | 221773944 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Torcon, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 184 | $82M |
| 2023 | 1 | 226 | $94M |
| 2024 | 1 | 237 | $104M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Torcon, Inc. Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Torcon, Inc. Retirement Plan by total assets, not by location.
- Freeport Lng 401(k) Plan (TX) $94M · 431
- Bhp Minerals USA Retirement Savings Plan (AZ) $94M · 226
- Machinists Retirement and Savings Plan (WA) $94M · 3,103
- The Aafp 401(k) Plan (KS) $94M · 361
Frequently Asked Questions
How did Torcon, Inc. Retirement Plan assets move in 2023? ▼
How have Torcon, Inc. plan assets changed over time? ▼
Where does Torcon, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Torcon, Inc. Retirement Plan? ▼
Next read for Torcon, Inc. Retirement Plan
Filing takeaways
Ways to act on Torcon, Inc. Retirement Plan's numbers.
- By total assets, Torcon, Inc. Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Torcon, Inc.'s sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Construction plans