Okonite 401(k) and pension plans

Okonite Company Inc, Ramsey, NJ. EIN 22-2279445. Annual reports 2009–2024. Also filed as Okonite Company, Inc.; The Okonite Company Inc; The Okonite Company Inc.

Okonite Company Inc has 5 active retirement plans on file. The largest is the Okonite Company Employees Stock Ownership Plan, with 1,742 participants and $446 million in assets in 2024.

Active plans
5
Participants
4,671
Plan assets
$651 million
401(k) recordkeeper
Transamerica
Plans on file
6
Industry
Manufacturing

All 6 plans

Active plans first

Okonite Company Employees Stock Ownership Plan

Employee stock ownership plan (ESOP)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
090Employer EIN 22-2279445
Participants (2024)
1,742
Net assets (2024)
$446 million
Plan administrator
Okonite Co.adm. Committee Employees Stock Ownership Plan
102 Hilltop Road Po Box 340
Ramsey, NJ 07446
(201) 825-0300As filed for 2024
In effect since
January 1, 1976
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20241,742$446 millionnot listed
20231,723$417 millionnot listed
20221,675$376 millionnot listed
20211,635$293 millionnot listed
20201,657$231 millionnot listed
20191,646$183 millionnot listed
20181,612$149 millionnot listed
20171,590$139 millionnot listed
20161,569$139 millionnot listed
20151,577$142 millionnot listed
20141,536$143 millionnot listed
20131,539$141 millionnot listed
20121,538$138 millionnot listed
20111,507$128 millionnot listed
20101,520$120 millionnot listed
20091,528$123 millionnot listed

The Okonite Company Hourly Employees Pension Plan

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
010Employer EIN 22-2279445
Participants (2024)
1,279
Net assets (2024)
$53.8 million
Plan administrator
Retirement Committe of the Okonite Company
102 Hilltop Road, P O Box 340
Ramsey, NJ 07446
(201) 825-0300As filed for 2024
In effect since
January 1, 1989
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20241,279$53.8 millionnot listed
20231,292$55.0 millionnot listed
20221,352$53.6 millionnot listed
20211,335$67.8 millionnot listed
20201,354$65.6 millionnot listed
20191,374$62.6 millionnot listed
20181,356$53.6 millionnot listed
20171,345$56.4 millionnot listed
20161,321$49.2 millionnot listed
20151,347$46.4 millionnot listed
20141,331$48.5 millionnot listed
20131,334$45.2 millionnot listed
20121,380$42.7 millionnot listed
20111,336$38.0 millionnot listed
20101,343$34.2 millionnot listed
20091,349$31.0 millionnot listed

The Okonite Company 401(k) Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
401Employer EIN 22-2279445
Participants (2024)
842
Net assets (2024)
$86.6 million
Recordkeeper
Transamerica2009–2024
Plan administrator
The Okonite Company Inc.
Po Box 340, 102 Hilltop Road
Ramsey, NJ 07446
(201) 825-0300As filed for 2024
In effect since
January 1, 1987

Earlier plan names: The Okonite Company 401K Savings Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
2024842$86.6 millionTransamerica
2023840$75.8 millionTransamerica
2022809$64.0 millionTransamerica
2021816$74.8 millionTransamerica
2020812$65.7 millionTransamerica
2019789$59.3 millionTransamerica
2018772$49.3 millionTransamerica
2017770$54.1 millionTransamerica
2016745$50.4 millionTransamerica
2015726$46.1 millionTransamerica
2014685$46.1 millionTransamerica
2013669$43.3 millionTransamerica
2012648$37.2 millionTransamerica
2011646$35.2 millionTransamerica
2010660$35.4 millionTransamerica
2009644$30.7 millionTransamerica

The Okonite Company Cash Balance Pension Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
100Employer EIN 22-2279445
Participants (2024)
490
Net assets (2024)
$55.0 million
Plan administrator
Retirement Committee of the Okonite Company
102 Hilltop Road Po Box 340
Ramsey, NJ 07446
(201) 825-0300As filed for 2024
In effect since
January 1, 2007
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
2024490$55.0 millionnot listed
2023517$60.8 millionnot listed
2022563$63.8 millionnot listed
2021603$89.5 millionnot listed
2020640$97.3 millionnot listed
2019664$95.4 millionnot listed
2018689$88.0 millionnot listed
2017707$95.7 millionnot listed
2016736$88.5 millionnot listed
2015218$6.8 millionnot listed
2014235$7.0 millionnot listed
2013249$6.2 millionnot listed
2012264$5.4 millionnot listed
2011280$3.8 millionnot listed
2010300$3.2 millionnot listed
2009316$2.4 millionnot listed

The Okonite Company Orangeburg Hourly Employees Pension Plan

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
011Employer EIN 22-2279445
Participants (2024)
318
Net assets (2024)
$9.8 million
Plan administrator
Retirement Committee of the Okonite Company
102 Hilltop Road, P O Box 340
Ramsey, NJ 07446
(201) 825-0300As filed for 2024
In effect since
September 1, 1994
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
2024318$9.8 millionnot listed
2023310$10.0 millionnot listed
2022312$9.6 millionnot listed
2021290$11.6 millionnot listed
2020287$9.5 millionnot listed
2019275$8.9 millionnot listed
2018268$7.4 millionnot listed
2017266$7.9 millionnot listed
2016262$6.2 millionnot listed
2015280$5.9 millionnot listed
2014272$5.6 millionnot listed
2013266$4.7 millionnot listed
2012255$4.1 millionnot listed
2011239$3.0 millionnot listed
2010233$2.6 millionnot listed
2009231$2.1 millionnot listed

Okonite Company Salaried Employees Pension Plan

Pension (defined benefit)Closed

Closed. The plan filed its final annual report for 2016, which means its assets were paid out or moved and it no longer exists.

Plan number
099Employer EIN 22-2279445
Participants (2015)
826
Net assets (2015)
$85.4 million
Plan administrator
Retirement Committee of the Okonite Company
102 Hilltop Road, P O Box 340
Ramsey, NJ 07446
(201) 825-0300As filed for 2016
In effect since
January 1, 1976
Year by year, 2009 to 2016
Plan yearParticipantsNet assetsRecordkeeper
20160$0not listed
2015826$85.4 millionnot listed
2014858$94.9 millionnot listed
2013883$89.9 millionnot listed
2012939$89.4 millionnot listed
2011947$84.5 millionnot listed
2010957$83.7 millionnot listed
2009971$78.0 millionnot listed

If you had money in one of these plans

  1. Call Transamerica (transamerica.com), which runs the The Okonite Company 401(k) Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((201) 825-0300). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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