OMRON SAVINGS AND RETIREMENT PLAN

Overview

Plan Contact

  • Address: 2895 GREENSPOINT PARKWAY,,HOFFMAN ESTATES,IL
  • Contact person: JAMES EBERHART
  • Phone: (224) 520-7650

Plan General Information


At the end of 2022, the total retirement plan assets of OMRON SAVINGS AND RETIREMENT PLAN is $230,397,089.This plan was established in 1972.

At the end of 2022, the total number of retirement plan participants in OMRON SAVINGS AND RETIREMENT PLAN is 2008

In 2022, the average participant retirement account value for OMRON SAVINGS AND RETIREMENT PLAN is $114,739

In 2022, the estimated average employee contribution amount per participant for OMRON SAVINGS AND RETIREMENT PLAN is $6,296

In 2022, the estimated average employer match for an employee in OMRON SAVINGS AND RETIREMENT PLAN is approximately $4,179

In 2022, OMRON SAVINGS AND RETIREMENT PLAN allocates $8,391,575 to match its employees’ contributions, providing an employer match rate of 66.15% of their contributions

In 2022, the total retirement plan asset growth rate of OMRON SAVINGS AND RETIREMENT PLAN is -18.29%

In 2022, the estimated aggregate retirement account investment gain/loss for OMRON SAVINGS AND RETIREMENT PLAN is -18.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMRON SAVINGS AND RETIREMENT PLAN is 0.09%.

Enrollment Features

OMRON SAVINGS AND 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.
    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.