401(k) · DOL Form 5500 · 2024

The Okonite Company Inc. 401(k) Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
729
Participants Near avg headcount
89th
Percentile by assets National rank
$118,803
Avg per participant Near avg balance/head
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Official DOL plan name: The Okonite Company 401(k) Savings Plan · Sponsored by The Okonite Company Inc. · New Jersey · Manufacturing

$87M in assets, 729 participants

The Okonite Company Inc.'s The Okonite Company 401(k) Savings Plan reported $87M in total assets and 729 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,999 in Manufacturing (17,777 peers)

Where The Okonite Company 401(k) Savings Plan sits by assets

The Okonite Company 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $87M for 729 participants (~$118,803/participant), up 14.2% in 2024.

#14,999
in Manufacturing (17,777 peers)
+14.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

The Okonite Company 401(k) Savings Plan's outsized position by total assets

The Okonite Company 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$86,607,454 Top 11% higher than 89% of 123,620 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 2024

The Okonite Company 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Okonite Company 401(k) Savings Plan sits mid-pack in the medium band (729 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Okonite Company 401(k) Savings Plan end-of-year assets rose from $76M in the plan year 2023 filing to $87M in the plan year 2024 filing.
  • The Okonite Company 401(k) Savings Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • The Okonite Company 401(k) Savings Plan reported participants rose from 688 in the plan year 2023 filing to 729 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 222279445 · The Okonite Company Inc. PY 2024 · 401(k)

The Okonite Company 401(k) Savings Plan · $87M · 729 · 89th

  • EIN $87M
  • RANK 729
  • PHOTO 89th
  • IND 401(k)
  • EOY near Cnos, PC 401(k) Profit Sharing Plan
  • 5500 ind #14999

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 401(k) Savings Plan in the asset neighbourhood

Fowler Packing Company Retirement PlanFowler Packing Company Retir…$87MThe Okonite Company 401(k) Savings PlanThe Okonite Company 401(k) S…$87MCnos, PC 401(k) Profit Sharing PlanCnos, PC 401(k) Profit Shari…$87MJht 401(k) Plan$87MRepligen 401(k) Savings Plan$87M
End-of-year total assets ($M) among The Okonite Company 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$87M
Net Income$11M
Employer EIN222279445
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Okonite Company Inc.)

Sponsor-wide plan assets over time

All The 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 401(k) Plans in New Jersey

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

The Okonite Company 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants The Okonite Company 401(k) Savings Plan, Total assets ($B): 0.086607454 · Participants: 729The Okonite Company 401(k) Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
The Okonite Company 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

The Okonite Company 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Cnos, PC 401(k) Profit Sharing Plan in SD ($87M); by covered participants it is Alerus Financial Corporation Safe Harbor 401(k) Plan in ND (729 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($87M here).

Similar participant headcount

Nearest other-state filings by covered participants (729 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Okonite Company 401(k) Savings Plan assets move in 2024?
The Okonite Company 401(k) Savings Plan grew at a solid clip - up 14.2% during 2024, from $76M to $87M. Reported net income was $11M.
How have The Okonite Company Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Okonite Company Inc.'s sponsor-wide assets grew 14.9%, from $567M to $651M.
Where does The Okonite Company 401(k) Savings Plan rank by assets among Form 5500 filers?
The Okonite Company 401(k) Savings Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Okonite Company 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Cnos, PC 401(k) Profit Sharing Plan in SD ($87M, 321 participants).
Which 401(k) plans cover a similar participant headcount to The Okonite Company 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Alerus Financial Corporation Safe Harbor 401(k) Plan in ND (729 participants, $192M in assets).