401(k) · DOL Form 5500 · 2023

Torcon, Inc. 401(k) Plan

Data updated 2026-08-25

$94M
Total assets Below avg plan size
226
Participants Below avg headcount
91st
Percentile by assets National rank
$417,588
Avg per participant High balance/head
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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.

  • #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.

#8,053
in Construction (9,030 peers)
+15.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Torcon, Inc. Retirement Plan's outsized position 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

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

Torcon, Inc. Retirement 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. Torcon, Inc. Retirement Plan sits mid-pack in the medium band (226 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 221773944 · Torcon, Inc. PY 2023 · 401(k)

Torcon, Inc. Retirement Plan · $94M · 226 · 91st

  • PART $94M
  • PART 226
  • PART 91st
  • PART 401(k)
  • PART near Freeport Lng 401(k) Plan
  • PART ind #8053

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 Construction retirement plans → · Plans in New Jersey →

Torcon, Inc. Retirement Plan in the asset neighbourhood

Freeport Lng 401(k) Plan$94MBhp Minerals USA Retirement Savings PlanBhp Minerals USA Retirement …$94MMachinists Retirement and Savings PlanMachinists Retirement and Sa…$94MThe Aafp 401(k) Plan$94MTorcon, Inc. Retirement Plan$94M
End-of-year total assets ($M) among Torcon, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$94M
Net Income$13M
Employer EIN221773944
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torcon, Inc.)

Sponsor-wide plan assets over time

All Torcon, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$104M 27.129981883880415% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $81.6M $104M ▲ +27.1%
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 Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Torcon, Inc. Retirement Plan, Total assets ($B): 0.094374879 · Participants: 226Torcon, Inc. Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Torcon, Inc. Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Torcon, Inc. Retirement Plan side-by-side with 3 peers →

Torcon, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Freeport Lng 401(k) Plan in TX ($94M); by covered participants it is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($94M here).

Similar participant headcount

Nearest other-state filings by covered participants (226 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 Torcon, Inc. Retirement Plan assets move in 2023? ▼
Torcon, Inc. Retirement Plan grew sharply - up 15.6% during 2023, from $82M to $94M. Reported net income was $13M.
How have Torcon, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Torcon, Inc.'s sponsor-wide assets grew 27.1%, from $82M to $104M.
Where does Torcon, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Torcon, Inc. Retirement Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Torcon, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Freeport Lng 401(k) Plan in TX ($94M, 431 participants).
Which 401(k) plans cover a similar participant headcount to Torcon, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants, $29M 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 221773944.

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.