Defined Benefit (Pension) · DOL Form 5500 · 2024

Okonite Company Inc Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
223
Participants Below avg headcount
55th
Percentile by assets National rank
$44,096
Avg per participant Low balance/head
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Official DOL plan name: The Okonite Company Orangeburg Hourly Employees Pension Plan · Sponsored by Okonite Company Inc · New Jersey · Manufacturing

$10M in assets, 223 participants

Okonite Company Inc's The Okonite Company Orangeburg Hourly Employees Pension Plan reported $10M in total assets and 223 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,303 in Manufacturing (17,777 peers)

Coverage in New Jersey

The Okonite Company Orangeburg Hourly Employees Pension Plan covers 223 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#7,303
in Manufacturing (17,777 peers)
-1.9%
assets change YoY

The plan reported a net loss of $190K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Okonite Company Orangeburg Hourly Employees Pension Plan's mid-pack asset rank among Manufacturing and all filers

The Okonite Company Orangeburg Hourly Employees Pension Plan vs every filed plan by assets

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

$9,833,404 Top 45% higher than 55% 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 Orangeburg Hourly Employees Pension 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 Orangeburg Hourly Employees Pension Plan sits mid-pack in the medium band (223 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Okonite Company Orangeburg Hourly Employees Pension Plan reported net income fell from $390K in the plan year 2023 filing to -$190K in the plan year 2024 filing.
  • The Okonite Company Orangeburg Hourly Employees Pension Plan reported participants rose from 218 in the plan year 2023 filing to 223 in the plan year 2024 filing.
  • The Okonite Company Orangeburg Hourly Employees Pension Plan end-of-year assets fell from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 222279445 · Okonite Company Inc PY 2024 · Defined Benefit (Pension)

The Okonite Company Orangeburg Hourly Employees Pension Plan · $10M · 223 · 55th

  • NET $10M
  • BOOK 223
  • VS-ST 55th
  • BOY Defined Benefit (Pension)
  • SCH near Anderson-Tully Salaried Employees' Pension Plan
  • EBSA ind #7303

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 Orangeburg Hourly Employees Pension Plan in the asset neighbourhood

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and TrustAlabama State Employees Cred…$10MAnderson-Tully Salaried Employees' Pension PlanAnderson-Tully Salaried Empl…$10MWestinghouse Pension Plan for Newington BoilermakersWestinghouse Pension Plan fo…$10MThe Okonite Company Orangeburg Hourly Employees Pension PlanThe Okonite Company Orangebu…$10MBar & Restaurant and on-Sale Pension PlanBar & Restaurant and on-Sale…$10M
End-of-year total assets ($M) among The Okonite Company Orangeburg Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income-$190K
Employer EIN222279445
Plan Effective Date1994-09-01
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 Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Okonite Company Orangeburg Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants The Okonite Company Orangeburg Hourly Employees Pension Plan, Total assets ($B): 0.009833404 · Participants: 223The Okonite Company Orangeburg Hourly Employees Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
The Okonite Company Orangeburg Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare The Okonite Company Orangeburg Hourly Employees Pension Plan side-by-side with 3 peers →

The Okonite Company Orangeburg Hourly Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Anderson-Tully Salaried Employees' Pension Plan in NC ($10M); by covered participants it is Employees Retirement Plan of St. Barnabas Hospital and Affiliates in NY (223 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (223 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 Orangeburg Hourly Employees Pension Plan assets move in 2024? ▼
The Okonite Company Orangeburg Hourly Employees Pension Plan edged down modestly - down 1.9% during 2024, from $10M to $10M. Reported net income was -$190K.
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.
Which Defined Benefit (Pension) plans are similar in size to The Okonite Company Orangeburg Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Anderson-Tully Salaried Employees' Pension Plan in NC ($10M, 6 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Okonite Company Orangeburg Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees Retirement Plan of St. Barnabas Hospital and Affiliates in NY (223 participants, $91M 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.