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Company:
Omax Corporation
Plan:
Omax Corporation 401k Plan
 

Omax Corporation

71 Plan: Omax Corporation 401k Plan

 
 
71
36
64
82
0
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100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (71) and the top rated plan (82) could equate to:
[How is this calculated?]
6 additional years of work
Up to $54,000 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

Omax Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Investment Menu Quality. Omax Corporation 401k Plan currently has over 200 active participants and over $8.3M in plan assets.

 

 Retirement Plan Details

Address 21409 72nd Ave S
Kent, WA 98032-1944 
Industry Manufacturing
Administrator James M. Oconnor
Net Plan Assets $8,320,000
Total Participants 210
Avg Account Balance $40,000

 Compare Other Companies in Peer Group

CMD 74.5
Cloeren 67.5
C. G. Bretting Manufacturing Company 63.9
Arrowhead Systems 62.0
The Chantland-PVS Company 61.1
Parsons Company 60.9

 Top 3 Funds in this 401k

1. Principal Large Cap S&P 500 Index 10%
2. Principal Money Market 9%
3. Principal Guaranteed Interest Account 8%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Woodbury Financial Services, Inc.
Insurance Advisor/Broker Thomas E Fowler
Administration Principal Financial Group
Auditor Smith Bundy Berman & Britton, Ps

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