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Company:
Omega Optical, Inc.
Plan:
Omega Optical, Inc. Employees' Profit Sharing Plan
 

Omega Optical, Inc.

57 Plan: Omega Optical, Inc. Employees' Profit Sharing Plan

 
 
57
6
58
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (57) and the top rated plan (82) could equate to:
[How is this calculated?]
11 additional years of work
Up to $164,800 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 Optical, Inc. Employees' Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Investment Menu Quality. Omega Optical, Inc. Employees' Profit Sharing Plan currently has over 100 active participants and over $2.2M in plan assets.

 

 Retirement Plan Details

Address 21 Omega Dr
Brattleboro, VT 05301-4444 
Industry Manufacturing
Administrator Evelyn Mclean
Sponsor Elaine Sullivan
Net Plan Assets $2,220,000
Total Participants 100
Avg Account Balance $21,000

 Top 3 Funds in this 401k

1. Principal Large Cap S&P 500 Index 13%
2. Principal Money Market 10%
3. Principal US Property 9%

  Plan Service Providers

Auditor Pieciak & Co.
Administration Principal Financial Group
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Northwestern Mutual

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