The Okonite Company 401(K) Savings Plan — Form 5500 plan (The 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 401(K) Savings Plan is a benefit plan reported by The Okonite Company Inc. under EIN 22-2279445 and plan number 401. The latest loaded filing year is 2023. The filing reports 809 participants and $75,820,520 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Okonite Company Inc.
- EIN
- 22-2279445
- Plan number
- 401
- Plan type
- 2
- Location
- Ramsey, NJ
- Latest filing year
- 2023
- Participants
- 809
- End-of-year plan assets
- $75,820,520
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 809 | H, C | 20241009093751NAL0018104833001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $75,820,520
- Net assets (EOY)
- $75,820,520
- Net assets (BOY)
- $64,013,873
Income & contributions
- Employer contributions
- $918,637
- Participant contributions
- $4,861,840
- Total contributions
- $6,038,785
- Total income / additions
- $16,910,605
Expenses & distributions
- Benefits paid
- $5,078,531
- Administrative expenses
- $22,651
- Total expenses
- $5,103,958
- Net increase / (decrease)
- $11,806,647
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $20,569 | $0 | 2023 |
| Charles Schwab & Co, Inc. | BROKER | $673 | $0 | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |
| Mid Atlantic Capital Corporation | SECURITIES BROKER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Okonite Company Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Ramsey, NJ
- Transamerica Retirement Solutions — Schedule C compensation
- Charles Schwab & Co, Inc. — Schedule C compensation
- National Financial Services — Schedule C compensation
- Mid Atlantic Capital Corporation — Schedule C compensation