OMNYON RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 1215 COLLINS AVE,ODENTON,MD
  • Contact person: TIMOTHY GORSKI
  • Phone: (443) 599-9846

Plan General Information


At the end of 2022, the total retirement plan assets of OMNYON RETIREMENT SAVINGS PLAN is $9,905,658.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in OMNYON RETIREMENT SAVINGS PLAN is 246

In 2022, the average participant retirement account value for OMNYON RETIREMENT SAVINGS PLAN is $40,266

In 2022, the estimated average employee contribution amount per participant for OMNYON RETIREMENT SAVINGS PLAN is $1,067

In 2022, the estimated average employer match for an employee in OMNYON RETIREMENT SAVINGS PLAN is approximately $8,723

In 2022, OMNYON RETIREMENT SAVINGS PLAN allocates $2,145,979 to match its employees’ contributions, providing an employer match rate of 1000.00% of their contributions

In 2022, the total retirement plan asset growth rate of OMNYON RETIREMENT SAVINGS PLAN is -5.59%

In 2022, the estimated aggregate retirement account investment gain/loss for OMNYON RETIREMENT SAVINGS PLAN is -16.37%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMNYON RETIREMENT SAVINGS PLAN is 0.23%.

Enrollment Features

OMNYON RETIREMENT SAVINGS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.