OMNI SERVICES, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 12 EAST WORCESTER ST.,WORCESTER,MA
- Contact person: KAREN BRANDVOLD
- Phone: (508) 799-2746
Plan General Information
At the end of 2022, the total retirement plan assets of OMNI SERVICES, INC. 401(K) PLAN is $12,283,279.This plan was established in 1991.
At the end of 2022, the total number of retirement plan participants in OMNI SERVICES, INC. 401(K) PLAN is 165
In 2022, the average participant retirement account value for OMNI SERVICES, INC. 401(K) PLAN is $74,444
In 2022, the estimated average employee contribution amount per participant for OMNI SERVICES, INC. 401(K) PLAN is $5,666
In 2022, the estimated average employer match for an employee in OMNI SERVICES, INC. 401(K) PLAN is approximately $1,574
In 2022, OMNI SERVICES, INC. 401(K) PLAN allocates $259,718 to match its employees’ contributions, providing an employer match rate of 31.07% of their contributions
In 2022, the total retirement plan asset growth rate of OMNI SERVICES, INC. 401(K) PLAN is -10.35%
In 2022, the estimated aggregate retirement account investment gain/loss for OMNI SERVICES, INC. 401(K) PLAN is -16.28%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of OMNI SERVICES, INC. 401(K) PLAN is 0.26%.
Enrollment Features
OMNI SERVICES, INC. 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.