OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: 1 SAW GRASS DRIVE,BELLPORT,NY
- Contact person: SHAFQAT TANWEER
- Phone: (631) 924-6200
Plan General Information
At the end of 2022, the total retirement plan assets of OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is $2,149,634.This plan was established in 2016.
At the end of 2022, the total number of retirement plan participants in OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is 258
In 2022, the average participant retirement account value for OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is $8,331
In 2022, the estimated average employee contribution amount per participant for OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is $560
In 2022, the estimated average employer match for an employee in OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is approximately $165
In 2022, OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST allocates $42,728 to match its employees’ contributions, providing an employer match rate of 31.58% of their contributions
In 2022, the total retirement plan asset growth rate of OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is -10.58%
In 2022, the estimated aggregate retirement account investment gain/loss for OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is -19.50%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST is 0.76%.
Enrollment Features
OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.