OMNI SERVICES, INC. 401(K) PLAN
Plan Contact
- Address: 12 EAST WORCESTER ST.,WORCESTER,MA
- Contact person: KAREN BRANDVOLD
- Phone: (508) 799-2746
Plan General Information
OMNI SERVICES, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of OMNI SERVICES, INC. 401(K) PLAN is $14,373,659.00.This plan was established in 1991.
OMNI SERVICES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in OMNI SERVICES, INC. 401(K) PLAN is 170
OMNI SERVICES, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for OMNI SERVICES, INC. 401(K) PLAN is $84,550.00
OMNI SERVICES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for OMNI SERVICES, INC. 401(K) PLAN is $6,054.00.
OMNI SERVICES, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in OMNI SERVICES, INC. 401(K) PLAN is approximately $2,147.00
Investing in this additonal $2,147.00 for 20 years would give you extra $137,418.00, assuming a 10% annual return.
Investing in this additonal $2,147.00 for 20 years would give you extra $137,418.00, assuming a 10% annual return.
OMNI SERVICES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, OMNI SERVICES, INC. 401(K) PLAN allocates $365,019.00 to match its employees' contributions, providing an employer match rate of 40.19% of their contributions
OMNI SERVICES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of OMNI SERVICES, INC. 401(K) PLAN is 17.02%.
OMNI SERVICES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for OMNI SERVICES, INC. 401(K) PLAN is 16.46%. This measures the effectiveness of the plan participants' investments in the year.
OMNI SERVICES, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of OMNI SERVICES, INC. 401(K) PLAN is 0.24%.
Enrollment Features
OMNI SERVICES, INC. 401(K) 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.
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