OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is $163,452,833.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is 759

In 2022, the average participant retirement account value for OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is $215,352

In 2022, the estimated average employee contribution amount per participant for OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is $8,501

In 2022, the estimated average employer match for an employee in OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is approximately $8,783

In 2022, OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN allocates $6,666,842 to match its employees’ contributions, providing an employer match rate of 105.19% of their contributions

In 2022, the total retirement plan asset growth rate of OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is -19.80%

In 2022, the estimated aggregate retirement account investment gain/loss for OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is -14.29%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of OMYA INDUSTRIES INC. 401(K) SAVINGS PLAN is 0.05%.

Enrollment Features

OMYA INDUSTRIES INC. 401(K) 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.