Omron Management Center of America, Inc.

85
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
85
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (13)
Average in Peer Group (65)
Highest in Peer Group (90)

Plan Description

Omron Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Omron Savings and Retirement Plan currently has over 2,100 active participants and over $226.7M in plan assets.

Did you know?

For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (85) and the top rated plan (90) could equate to:
4
Additional years of work
27,215
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2895 Greenspoint Parkway Suite 100
  • Location
    Hoffman Estates , IL
  • 60169
  • Industry
    Offices of Other Holding Companies
  • Administrator
    Jim Eberhart
  • Net Plan Assets
    $227,000,000
  • Total Participants
    2,100
  • Avg Account Balance
    $110,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Average
Salary Deferrals:
Great
Account Balance:
Above Average

Peer Group Plans

Company Rating
Tenaska 85.5
Associated Banc-Corp 78.6
Plexus 74.9
Kansas City Southern 68.4
MKB Holdings, LLC 65.2
Time Investment 65.1

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 45%
34%
Fidelity 500 Index 13%
N/A
T. Rowe Price Blue Chip Growth 7%
54%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Fidelity
Investment Adviser
Strategic Advisors
Auditor
Weisermazars Wealth Advisors, LLC

Articles and Questions

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