OMAZE 401(K) PLAN

At the end of 2022, the total retirement plan assets of OMAZE 401(K) PLAN is $4,373,816.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in OMAZE 401(K) PLAN is 196

In 2022, the average participant retirement account value for OMAZE 401(K) PLAN is $22,315

In 2022, the estimated average employee contribution amount per participant for OMAZE 401(K) PLAN is $5,075

In 2022, the estimated average employer match for an employee in OMAZE 401(K) PLAN is approximately $2,291

In 2022, OMAZE 401(K) PLAN allocates $449,154 to match its employees’ contributions, providing an employer match rate of 50.28% of their contributions

In 2022, the total retirement plan asset growth rate of OMAZE 401(K) PLAN is 20.89%

In 2022, the estimated aggregate retirement account investment gain/loss for OMAZE 401(K) PLAN is -15.68%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMAZE 401(K) PLAN is 0.04%.

Enrollment Features

OMAZE 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.