OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is $189,554,898.This plan was established in 1976.

At the end of 2022, the total number of retirement plan participants in OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is 12766

In 2022, the average participant retirement account value for OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is $14,848

In 2022, the estimated average employee contribution amount per participant for OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is $1,309

In 2022, the estimated average employer match for an employee in OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is approximately $405

In 2022, OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN allocates $5,171,628 to match its employees’ contributions, providing an employer match rate of 36.12% of their contributions

In 2022, the total retirement plan asset growth rate of OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is -15.56%

In 2022, the estimated aggregate retirement account investment gain/loss for OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is -16.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN is 0.23%.

Enrollment Features

OMNI HOTELS 401(K) RETIREMENT SAVINGS 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.