Plan5500

The Okonite Company Orangeburg Hourly Employees Pension Plan — Form 5500 plan (Okonite Company Inc)

Plain-English plan 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, The Okonite Company Orangeburg Hourly Employees Pension Plan is a benefit plan reported by Okonite Company Inc under EIN 22-2279445 and plan number 011. The latest loaded filing year is 2023. The filing reports 312 participants and $10,023,006 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Okonite Company Inc
EIN
22-2279445
Plan number
011
Plan type
2
Location
Ramsey, NJ
Latest filing year
2023
Participants
312
End-of-year plan assets
$10,023,006

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023312H, C20241010134313NAL0010039395001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,023,006
Total liabilities (EOY)
$0
Net assets (EOY)
$10,023,006
Net assets (BOY)
$9,633,192

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$1,097,635

Expenses & distributions

Benefits paid
$675,451
Administrative expenses
$32,370
Total expenses
$707,821
Net increase / (decrease)
$389,814

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mercer Human Resource ConsultingACTUARY$0$109,0002023
The Northern Trust CompanyTRUSTEE$32,370not reported in the loaded dataset2023
CohnreznickAUDITING$0$23,5002023

Related Form 5500 pages