OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 485 ROUTE 1 SOUTH BUILDING A,,ISELIN,NJ
  • Phone: (732) 750-0400

Plan General Information


At the end of 2022, the total retirement plan assets of OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is $30,561,929.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is 651

In 2022, the average participant retirement account value for OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is $46,946

In 2022, the estimated average employee contribution amount per participant for OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is $3,329

In 2022, the estimated average employer match for an employee in OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is approximately $1,396

In 2022, OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN allocates $909,429 to match its employees’ contributions, providing an employer match rate of 39.72% of their contributions

In 2022, the total retirement plan asset growth rate of OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is 0.79%

In 2022, the estimated aggregate retirement account investment gain/loss for OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is -3.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING PLAN is 0.44%.

Enrollment Features

OMNI OPHTHALMIC MANAGEMENT CONSULTANTS 401(K) PROFIT SHARING 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.