OMNI-2 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of OMNI-2 401(K) RETIREMENT PLAN is $1,596,771.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in OMNI-2 401(K) RETIREMENT PLAN is 102

In 2022, the average participant retirement account value for OMNI-2 401(K) RETIREMENT PLAN is $15,654

In 2022, the estimated average employee contribution amount per participant for OMNI-2 401(K) RETIREMENT PLAN is $2,102

In 2022, the estimated average employer match for an employee in OMNI-2 401(K) RETIREMENT PLAN is approximately $953

In 2022, OMNI-2 401(K) RETIREMENT PLAN allocates $97,236 to match its employees’ contributions, providing an employer match rate of 55.06% of their contributions

In 2022, the total retirement plan asset growth rate of OMNI-2 401(K) RETIREMENT PLAN is -17.79%

In 2022, the estimated aggregate retirement account investment gain/loss for OMNI-2 401(K) RETIREMENT PLAN is -12.11%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMNI-2 401(K) RETIREMENT PLAN is 0.42%.

Enrollment Features

OMNI-2 401(K) RETIREMENT 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.