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Company:
Omega Flex, Inc.
Plan:
Omega Flex, Inc. 401k Profit Sharing Plan
 

Omega Flex, Inc.

72 Plan: Omega Flex, Inc. 401k Profit Sharing Plan

 
 
72
47
69
82
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (72) and the top rated plan (82) could equate to:
[How is this calculated?]
5 additional years of work
Up to $97,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Omega Flex, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Participation Rate. Omega Flex, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.2M in plan assets.

 

 Retirement Plan Details

Address 451 Creamery Way
Exton, PA 19341-2508 
Industry Manufacturing
Administrator Geri Glazer
Net Plan Assets $6,230,000
Total Participants 110
Avg Account Balance $56,000

 Compare Other Companies in Peer Group

Belimo Aircontrols (USA) 73.9
Lochinvar 71.4
Chromalox 62.9
Lomanco 60.7
Loren Cook Company 59.4
First Co. 59.4

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 21%
2. Prudential PIMCO Core Plus Bond 7%
3. Prudential Large Cap Value 7%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker NFP Securities, Inc.
Administration Prudential
Recordkeeper Prudential
Auditor McGladrey

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