OMEGA SENIOR LIVING 401(K) PLAN

At the end of 2022, the total retirement plan assets of OMEGA SENIOR LIVING 401(K) PLAN is $1,363,656.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in OMEGA SENIOR LIVING 401(K) PLAN is 362

In 2022, the average participant retirement account value for OMEGA SENIOR LIVING 401(K) PLAN is $3,767

In 2022, the estimated average employee contribution amount per participant for OMEGA SENIOR LIVING 401(K) PLAN is $844

In 2022, the estimated average employer match for an employee in OMEGA SENIOR LIVING 401(K) PLAN is approximately $192

In 2022, OMEGA SENIOR LIVING 401(K) PLAN allocates $69,505 to match its employees’ contributions, providing an employer match rate of 24.02% of their contributions

In 2022, the total retirement plan asset growth rate of OMEGA SENIOR LIVING 401(K) PLAN is -3.33%

In 2022, the estimated aggregate retirement account investment gain/loss for OMEGA SENIOR LIVING 401(K) PLAN is -16.21%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMEGA SENIOR LIVING 401(K) PLAN is 1.60%.

Enrollment Features

OMEGA SENIOR LIVING 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.