OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST

Plan Contact

  • Address: 2621 FREDDY LN,VINELAND,NJ
  • Contact person: RICK GENTIL
  • Phone: (856) 205-1485

Plan General Information

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets

At the end of 2018, the total retirement plan assets of OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is $456,243.00.This plan was established in 2005.

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is 188

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value

In 2018, the average participant retirement account value for OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is $2,426.00

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is $934.00.

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is approximately $218.00
Investing in this additonal $218.00 for 20 years would give you extra $13,975.00, assuming a 10% annual return.

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate

In 2018, OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST allocates $41,054.00 to match its employees' contributions, providing an employer match rate of 46.74% of their contributions

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2018, the total retirement plan asset growth rate of OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is 12.10%.

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2018, the estimated aggregate retirement account investment gain/loss for OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is -6.22%. This measures the effectiveness of the plan participants' investments in the year.

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST Expense Ratio

In 2018, the investment and administrative expense ratio of OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST is 0.33%.

Enrollment Features

OMNI BAKING COMPANY UNION 401(K) PROFIT SHARING PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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