401(k) · DOL Form 5500 · 2024

Torcon, Inc. 401(k) Plan

Data updated 2026-08-25

$104M
Total assets Near avg plan size
237
Participants Below avg headcount
91st
Percentile by assets National rank
$437,845
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Torcon, Inc. Retirement Plan · Sponsored by Torcon, Inc. · New Jersey · Construction

$104M in assets, 237 participants

Torcon, Inc.'s Torcon, Inc. Retirement Plan reported $104M in total assets and 237 participants in its 2024 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.

  • #8,061 in Construction (9,039 peers)

Coverage in New Jersey

Torcon, Inc. Retirement Plan covers 237 participants in New Jersey, about 28% of the average New Jersey filer (state average ~844 per filing). Assets: $104M.

#8,061
in Construction (9,039 peers)
+10.0%
assets growth YoY
1.0×
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 2024 · DOL Form 5500

$103,769,268 Top 9% higher than 91% 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

Torcon, Inc. Retirement 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. Torcon, Inc. Retirement Plan sits mid-pack in the medium band (237 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Torcon, Inc. Retirement Plan reported net income fell from $13M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Torcon, Inc. Retirement Plan end-of-year assets rose from $94M in the plan year 2023 filing to $104M in the plan year 2024 filing.
  • Torcon, Inc. Retirement Plan reported participants rose from 226 in the plan year 2023 filing to 237 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 221773944 · Torcon, Inc. PY 2024 · 401(k)

Torcon, Inc. Retirement Plan · $104M · 237 · 91st

  • IND $104M
  • IND 237
  • IND 91st
  • IND 401(k)
  • IND near Shields Health Care Group 401(k) Profit Sharing Plan
  • IND ind #8061

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

Dime Community Bank 401(k) PlanDime Community Bank 401(k) P…$104MShields Health Care Group 401(k) Profit Sharing PlanShields Health Care Group 40…$104MTorcon, Inc. Retirement Plan$104MSecurities Industry and Financial Markets Association Savings PlanSecurities Industry and Fina…$104MSbera 401(k) Plan as Adopted by Middlesex Savings BankSbera 401(k) Plan as Adopted…$104M
End-of-year total assets ($M) among Torcon, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$104M
Net Income$9M
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 -200204060 Total assets ($B) Participants Torcon, Inc. Retirement Plan, Total assets ($B): 0.103769268 · Participants: 237Torcon, Inc. Retirement 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
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 Shields Health Care Group 401(k) Profit Sharing Plan in MA ($104M); by covered participants it is Mesa Global 401(k) Retirement Plan in NC (237 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (237 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 Torcon, Inc. Retirement Plan assets move in 2024? ▼
Torcon, Inc. Retirement Plan grew at a solid clip - up 10.0% during 2024, from $94M to $104M. Reported net income was $9M.
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 123,622 plans that reported assets for plan year 2024 (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 Shields Health Care Group 401(k) Profit Sharing Plan in MA ($104M, 1,142 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 Mesa Global 401(k) Retirement Plan in NC (237 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.