Okonite Company Inc — Form 5500 filings & benefit plans
Form 5500 plan sponsor summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Okonite Company Inc (EIN 22-2279445) is a plan sponsor located in Ramsey, NJ with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.
Company overview (based on loaded 2023 public filings)
- EIN
- 22-2279445
- Location
- Ramsey, NJ
- Loaded plans
- 9
- Latest filing year
- 2023
Reported financial aggregate (2023)
Reported net position
- Total reported assets (EOY)
- $747,491,331
- Total reported liabilities (EOY)
- $4,397,013
- Total reported net assets (EOY)
- $743,094,318
Contributions & income
- Employer contributions
- $22,714,893
- Participant contributions
- $4,861,840
- Total income / additions
- $103,988,449
Expenses & distributions
- Benefits paid / distributions
- $39,971,323
- Total expenses
- $40,866,234
- Net increase / (decrease)
- $63,122,215
Coverage
- Total reported participants
- 9,108
- Plans with financial statements
- 6
- Plans with provider compensation
- 6
Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.
Largest loaded plans by reported assets
| Plan | Plan # | Participants | Reported assets (EOY) | Year |
|---|---|---|---|---|
| Okonite Company Employees Stock Ownership Plan | 090 | 1,675 | $420,904,787 | 2023 |
| Okonite Company Pension Plan Trust | 006 | not reported in the loaded dataset | $124,989,125 | 2023 |
| The Okonite Company 401(K) Savings Plan | 401 | 809 | $75,820,520 | 2023 |
| The Okonite Company Cash Balance Pension Plan | 100 | 563 | $60,793,071 | 2023 |
| The Okonite Company Hourly Employees Pension Plan | 010 | 1,352 | $54,960,822 | 2023 |
| The Okonite Company Orangeburg Hourly Employees Pension Plan | 011 | 312 | $10,023,006 | 2023 |
| Group Insurance Plan Of The Okonite Company | 501 | 2,987 | not reported in the loaded dataset | 2023 |
| Hospital Service Plan Of New Jersey | 502 | 1,128 | not reported in the loaded dataset | 2023 |
| Long Term Disability Plan | 504 | 282 | not reported in the loaded dataset | 2023 |
Latest loaded filings
| Year | Plan | Participants | Schedules | Filing |
|---|---|---|---|---|
| 2023 | The Okonite Company 401(K) Savings Plan | 809 | H, C | 20241009093751NAL0018104833001 |
| 2023 | Okonite Company Employees Stock Ownership Plan | 1,675 | H, C | 20241010084317NAL0011304643001 |
| 2023 | Okonite Company Pension Plan Trust | not reported in the loaded dataset | H, C | 20241010110214NAL0040511410001 |
| 2023 | The Okonite Company Orangeburg Hourly Employees Pension Plan | 312 | H, C | 20241010134313NAL0010039395001 |
| 2023 | The Okonite Company Hourly Employees Pension Plan | 1,352 | H, C | 20241010153737NAL0010201891001 |
| 2023 | The Okonite Company Cash Balance Pension Plan | 563 | H, C | 20241011123243NAL0021857585001 |
| 2023 | Hospital Service Plan Of New Jersey | 1,128 | — | 20241228142524NAL0009120579001 |
| 2023 | Group Insurance Plan Of The Okonite Company | 2,987 | — | 20241228152132NAL0007875555001 |