OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 3102 OMEGA OFFICE PARK,FAIRFAX,VA
- Phone: (703) 359-0200
Plan General Information
At the end of 2022, the total retirement plan assets of OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is $14,715,758.This plan was established in 1984.
At the end of 2022, the total number of retirement plan participants in OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is 395
In 2022, the average participant retirement account value for OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is $37,255
In 2022, the estimated average employee contribution amount per participant for OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is $2,229
In 2022, the estimated average employer match for an employee in OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is approximately $629
In 2022, OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN allocates $248,702 to match its employees’ contributions, providing an employer match rate of 29.79% of their contributions
In 2022, the total retirement plan asset growth rate of OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is -14.67%
In 2022, the estimated aggregate retirement account investment gain/loss for OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is -10.96%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of OMEGA WORLD TRAVEL 401(K) SAVINGS PLAN is 0.56%.
Enrollment Features
OMEGA WORLD TRAVEL 401(K) SAVINGS 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.