Okonite Company Employees Stock Ownership 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, Okonite Company Employees Stock Ownership Plan is a benefit plan reported by Okonite Company Inc under EIN 22-2279445 and plan number 090. The latest loaded filing year is 2023. The filing reports 1,675 participants and $420,904,787 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
- 090
- Plan type
- 2
- Location
- Ramsey, NJ
- Latest filing year
- 2023
- Participants
- 1,675
- End-of-year plan assets
- $420,904,787
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,675 | H, C | 20241010084317NAL0011304643001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $420,904,787
- Total liabilities (EOY)
- $4,354,787
- Net assets (EOY)
- $416,550,000
- Net assets (BOY)
- $375,800,000
Income & contributions
- Employer contributions
- $20,966,256
- Total contributions
- $20,966,256
- Total income / additions
- $61,716,256
Expenses & distributions
- Benefits paid
- $20,966,256
- Administrative expenses
- $0
- Total expenses
- $20,966,256
- Net increase / (decrease)
- $40,750,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Human Resource Consulting | ACTUARY | $0 | $108,950 | 2023 |
| Marshall And Stevens | APPRAISER | $0 | $62,670 | 2023 |
| Pnc Advisors | TRUSTEE | $0 | $41,400 | 2023 |
| Cohnreznick | ACCOUNTING | $0 | $25,500 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Okonite Company Inc
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Ramsey, NJ
- Mercer Human Resource Consulting — Schedule C compensation
- Marshall And Stevens — Schedule C compensation
- Pnc Advisors — Schedule C compensation
- Cohnreznick — Schedule C compensation