401(k) · DOL Form 5500 · 2024

Elkem Silicones USA Corp. 401(k) Plan

Data updated 2026-08-11

$61M
Total assets
270
Participants
86th
Percentile by assets
$227,707
Avg per participant
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Official DOL plan name: Elkem Silicones USA Corp. 401(k) Profit Sharing Plan · Sponsored by Elkem Silicones USA Corp. · New Jersey · Manufacturing

$61M in assets, 270 participants

Elkem Silicones USA Corp.'s Elkem Silicones USA Corp. 401(k) Profit Sharing Plan reported $61M in total assets and 270 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #14,277 in Manufacturing (17,777 peers)

Coverage in New Jersey

Elkem Silicones USA Corp. 401(k) Profit Sharing Plan covers 270 participants in New Jersey, about 32% of the average New Jersey filer (state average ~844 per filing). Assets: $61M.

$61M
total plan assets (2024 EOY)
270
covered participants
86th
percentile by assets (of 123,622 plans)
$227,707
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Elkem Silicones USA Corp. 401(k) Profit Sharing Plan reported net income fell from $8M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Elkem Silicones USA Corp. 401(k) Profit Sharing Plan reported participants fell from 284 in the plan year 2023 filing to 270 in the plan year 2024 filing.
  • Elkem Silicones USA Corp. 401(k) Profit Sharing Plan end-of-year assets rose from $60M in the plan year 2023 filing to $61M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Elkem Silicones USA Corp. 401(k) Profit Sharing Plan reports 270 participants - about 32% of that state average ($61M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$61M
Net Income$2M
Employer EIN651296154
Plan Effective Date2007-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elkem Silicones USA Corp.)

$50M$55M$60M$65M 202220232024 $51.6M $61.5M ▲ +19.1%
Total plan assets by year, all Elkem Silicones USA Corp. plans on file
Year Plans Participants Total Assets
2022 1 274 $52M
2023 1 284 $60M
2024 1 270 $61M

Nearby 401(k) Plans in New Jersey

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

Elkem Silicones USA Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Elkem Silicones USA Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Elkem Silicones USA …JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Elkem Silicones USA Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Elkem Silicones USA Corp. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Elkem Silicones USA Corp. 401(k) Profit Sharing Plan assets move in 2024?
Elkem Silicones USA Corp. 401(k) Profit Sharing Plan edged up modestly - up 3.2% during 2024, from $60M to $61M. Reported net income was $2M.
How have Elkem Silicones USA Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Elkem Silicones USA Corp.'s sponsor-wide assets grew 19.1%, from $52M to $61M.
Where does Elkem Silicones USA Corp. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Elkem Silicones USA Corp. 401(k) Profit Sharing Plan ranks in the 86th 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 Elkem Silicones USA Corp. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Twin City Foods, Inc. 401(k) Plan in WA ($61M, 642 participants).

Next read for Elkem Silicones USA Corp. 401(k) Profit …

Filing takeaways

Ways to act on Elkem Silicones USA Corp. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Elkem Silicones USA Corp. 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Elkem Silicones USA Corp.'s sponsor-wide assets have grown 19.1% since 2022 across 3 plan years on file. More Manufacturing plans