OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN

At the end of 2022, the total retirement plan assets of OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is $61,552,958.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is 1436

In 2022, the average participant retirement account value for OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is $42,864

In 2022, the estimated average employee contribution amount per participant for OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is $3,256

In 2022, the estimated average employer match for an employee in OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is approximately $932

In 2022, OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN allocates $1,338,824 to match its employees’ contributions, providing an employer match rate of 30.24% of their contributions

In 2022, the total retirement plan asset growth rate of OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is -19.82%

In 2022, the estimated aggregate retirement account investment gain/loss for OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is -14.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS PLAN is 0.07%.

Enrollment Features

OMNIMAX INTERNATIONAL, LLC RETIREMENT AND SAVINGS 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.