OMNI FINANCIAL 401K PLAN

At the end of 2021, the total retirement plan assets of OMNI FINANCIAL 401K PLAN is $5,044,398.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in OMNI FINANCIAL 401K PLAN is 148

In 2021, the average participant retirement account value for OMNI FINANCIAL 401K PLAN is $34,083

In 2021, the estimated average employee contribution amount per participant for OMNI FINANCIAL 401K PLAN is $2,594

In 2021, the estimated average employer match for an employee in OMNI FINANCIAL 401K PLAN is approximately $1,390

In 2021, OMNI FINANCIAL 401K PLAN allocates $205,838 to match its employees’ contributions, providing an employer match rate of 53.60% of their contributions

In 2021, the total retirement plan asset growth rate of OMNI FINANCIAL 401K PLAN is 30.43%

In 2021, the estimated aggregate retirement account investment gain/loss for OMNI FINANCIAL 401K PLAN is 15.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of OMNI FINANCIAL 401K PLAN is 0.57%.

Enrollment Features

OMNI FINANCIAL 401K 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.