The Okonite Company Inc. 401(k) Plan: Login, Facts & Contact Information

The Okonite Company Inc. 401(k) Plan Facts

Plan name
THE OKONITE COMPANY 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
THE OKONITE COMPANY INC.
Participants
840 (727 active employees)
Former employees with a balance
98
Plan assets
$86,607,454 at Dec 31, 2024
Average account balance
$102,982 across 841 accounts
Employer contributions
$1,036,766 in plan year 2024 (16% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.58 million went into the plan in contributions, $1.04 million of it from the employer (16%).
  • $7.66 million was paid out to participants.
  • Investment and other income added $11.9 million.
  • Administrative expenses were $25,627, about $30 per account.

How the The Okonite Company Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019772$59.3 million$513,870$3.72 million
2020789$65.7 million$602,050$5.16 million
2021812$74.8 million$665,806$5.77 million
2022816$64.0 million$779,149$5.21 million
2023809$75.8 million$918,637$5.08 million
2024840$86.6 million$1.04 million$7.66 million

The Okonite Company Inc. 401(k) Contact Information

Phone
201-825-0300
Mailing address
PO BOX 340 102 HILLTOP ROAD, RAMSEY NJ 07446
Plan sponsor
THE OKONITE COMPANY INC.
Employer identification number (EIN)
22-2279445
Plan number
401

Questions about the The Okonite Company Inc. 401(k)

Does The Okonite Company Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.04 million, 16% of all contributions.

Does the The Okonite Company Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the The Okonite Company Inc 401(k) plan?

840 participants at the start of plan year 2024, 727 of them active employees, and 98 former employees who still had money in the plan.

What is the average 401(k) balance at The Okonite Company Inc?

About $102,982 per account: $86.6 million in plan assets across 841 accounts with a balance at the end of plan year 2024.

Who manages the The Okonite Company Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Okonite Company Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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