OMNI WORKSPACE COMPANY LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of OMNI WORKSPACE COMPANY LLC 401(K) PLAN is $40,535,465.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in OMNI WORKSPACE COMPANY LLC 401(K) PLAN is 446

In 2022, the average participant retirement account value for OMNI WORKSPACE COMPANY LLC 401(K) PLAN is $90,886

In 2022, the estimated average employee contribution amount per participant for OMNI WORKSPACE COMPANY LLC 401(K) PLAN is $4,968

In 2022, the estimated average employer match for an employee in OMNI WORKSPACE COMPANY LLC 401(K) PLAN is approximately $1,364

In 2022, OMNI WORKSPACE COMPANY LLC 401(K) PLAN allocates $608,591 to match its employees’ contributions, providing an employer match rate of 26.48% of their contributions

In 2022, the total retirement plan asset growth rate of OMNI WORKSPACE COMPANY LLC 401(K) PLAN is -9.28%

In 2022, the estimated aggregate retirement account investment gain/loss for OMNI WORKSPACE COMPANY LLC 401(K) PLAN is -15.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMNI WORKSPACE COMPANY LLC 401(K) PLAN is 0.03%.

Enrollment Features

OMNI WORKSPACE COMPANY LLC 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.