ESOP · DOL Form 5500 · 2024

Okonite Company Inc ESOP

Data updated 2026-08-25

$446M
Total assets Above avg plan size
1,176
Participants Near avg headcount
97th
Percentile by assets National rank
$379,464
Avg per participant High balance/head
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Official DOL plan name: Okonite Company Employees Stock Ownership Plan · Sponsored by Okonite Company Inc · New Jersey · Manufacturing

$446M in assets, 1,176 participants

Okonite Company Inc's Okonite Company Employees Stock Ownership Plan reported $446M in total assets and 1,176 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #16,902 in Manufacturing (17,777 peers)

Where Okonite Company Employees Stock Ownership Plan sits by assets

Okonite Company Employees Stock Ownership Plan sits in the top 5% of all filed plans by assets, $446M for 1,176 participants (~$379,464/participant), up 6.0% in 2024.

#16,902
in Manufacturing (17,777 peers)
+6.0%
assets growth YoY
4.5×
vs typical plan assets (national mean)

Okonite Company Employees Stock Ownership Plan's outsized position by total assets

Okonite Company Employees Stock Ownership Plan vs every filed plan by assets

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

$446,250,000 Top 3% higher than 97% 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

Okonite Company Employees Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Okonite Company Employees Stock Ownership Plan lands in the large band (1,176 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Okonite Company Employees Stock Ownership Plan reported net income fell from $41M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Okonite Company Employees Stock Ownership Plan end-of-year assets rose from $421M in the plan year 2023 filing to $446M in the plan year 2024 filing.
  • Okonite Company Employees Stock Ownership Plan reported participants rose from 1,127 in the plan year 2023 filing to 1,176 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222279445 · Okonite Company Inc PY 2024 · ESOP

Okonite Company Employees Stock Ownership Plan · $446M · 1,176 · 97th

  • EOY $446M
  • EOY 1,176
  • EOY 97th
  • EOY ESOP
  • EOY near Delta Star Employee Stock Ownership Plan
  • EOY ind #16902

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 What is an ESOP? → · Plans in New Jersey →

Okonite Company Employees Stock Ownership Plan in the asset neighbourhood

Project Worldwide, Inc. Employee Stock Ownership PlanProject Worldwide, Inc. Empl…$453MNorth Coast Holdings Employee Stock Ownership PlanNorth Coast Holdings Employe…$451MDelta Star Employee Stock Ownership PlanDelta Star Employee Stock Ow…$447MOkonite Company Employees Stock Ownership PlanOkonite Company Employees St…$446MWestern Global Airlines, Inc. Employee Stock Ownership PlanWestern Global Airlines, Inc…$441M
End-of-year total assets ($M) among Okonite Company Employees Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$421M
Net Assets (End of Year)$446M
Net Income$30M
Employer EIN222279445
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Okonite Company Inc)

Sponsor-wide plan assets over time

All 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 ESOP Plans in New Jersey

Peer ESOP plans, same state, same plan type, ranked by total assets.

Okonite Company Employees Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants Okonite Company Employees Stock Ownership Plan, Total assets ($M): 446.25 · Participants: 1176Okonite Company Employees Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 302.820247 · Participants: 1275Conair LLC Savings and Investment PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 280.534757 · Participants: 1740Mathematica Group Holding Inc. Employee Stock Ownership PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 105.2481 · Participants: 199Amboy Bancorporation Employee Stock Ownership PlanRailroad Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 87.816327 · Participants: 144Railroad Construction Company, Inc. Employee Stock Ownership PlanColumbia Bank Employee Stock Ownership Plan, Total assets ($M): 68.741176 · Participants: 715Columbia Bank Employee Stock Ownership Plan
Okonite Company Employees Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare Okonite Company Employees Stock Ownership Plan side-by-side with 3 peers →

Okonite Company Employees Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Delta Star Employee Stock Ownership Plan in VA ($447M); by covered participants it is Vgm Group, Inc. Employee Stock Ownership Plan in IA (1,169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,176 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 Okonite Company Employees Stock Ownership Plan assets move in 2024? ▼
Okonite Company Employees Stock Ownership Plan grew at a solid clip - up 6.0% during 2024, from $421M to $446M. Reported net income was $30M.
How have Okonite Company Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Okonite Company Inc's sponsor-wide assets grew 14.9%, from $567M to $651M.
Where does Okonite Company Employees Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Okonite Company Employees Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Okonite Company Employees Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Delta Star Employee Stock Ownership Plan in VA ($447M, 222 participants).
Which ESOP plans cover a similar participant headcount to Okonite Company Employees Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Vgm Group, Inc. Employee Stock Ownership Plan in IA (1,169 participants, $426M 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 222279445.

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.