Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

OKUMA AMERICA CORPORATION PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

OKUMA AMERICA CORPORATION

This Defined Benefit (Pension) plan holds $25M in total assets and serves 175 participants as of 2024. It is sponsored by OKUMA AMERICA CORPORATION in North Carolina. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$25M
Participants
175
Industry
Wholesale Trade

What the Filing Says About OKUMA AMERICA CORPORATION PENSION PLAN

OKUMA AMERICA CORPORATION PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by OKUMA AMERICA CORPORATION, headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 175 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 112670887, and the plan has been effective since 1984-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2024 to $25M at year-end — a gain of 6.0%. Net assets (after liabilities) closed the year at $25M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$24M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$1M
Plan TypeDefined Benefit (Pension)
Employer EIN112670887
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (OKUMA AMERICA CORPORATION)

Year Plans Participants Total Assets
2022 2 363 $58M
2023 2 380 $67M
2024 2 394 $71M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the OKUMA AMERICA CORPORATION PENSION PLAN?
As of the 2024 Form 5500 filing, OKUMA AMERICA CORPORATION PENSION PLAN holds $25M in total assets with 175 participants. It is sponsored by OKUMA AMERICA CORPORATION.
What type of plan is OKUMA AMERICA CORPORATION PENSION PLAN?
OKUMA AMERICA CORPORATION PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1984-04-01. The plan is filed with the U.S. Department of Labor under EIN 112670887.
Who sponsors the OKUMA AMERICA CORPORATION PENSION PLAN?
OKUMA AMERICA CORPORATION PENSION PLAN is sponsored by OKUMA AMERICA CORPORATION, located in North Carolina. The sponsor's EIN is 112670887 and the plan operates in the Wholesale Trade industry.
How did OKUMA AMERICA CORPORATION PENSION PLAN perform in 2024?
OKUMA AMERICA CORPORATION PENSION PLAN grew by 6.0% during 2024, moving from $24M to $25M in total assets. Net income was $1M.
Where can I find official filings for OKUMA AMERICA CORPORATION PENSION PLAN?
Official Form 5500 filings for OKUMA AMERICA CORPORATION PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 112670887 or plan name at efast.dol.gov.
How does OKUMA AMERICA CORPORATION PENSION PLAN compare to other plans?
You can compare OKUMA AMERICA CORPORATION PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 112670887.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.