Overview

Plan Rating

BrightScope Rating
4
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (3)
Average in Peer Group (59)
Highest in Peer Group (81)

Plan Description

Omega Apparel, Inc. Profit Sharing & 401k Deferral Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 4. Omega Apparel, Inc. Profit Sharing & 401k Deferral Plan currently has fewer than 100 active participants and over $85.3K in plan assets.

Did you know?

For the average 401k participant, the 77 point difference between this plan's BrightScope Rating (4) and the top rated plan (81) could equate to:
46
Additional years of work
*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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 215 South Mountain Street
  • Location
    Smithville , TN
  • 37166
  • Industry
    Cut and Sew Apparel Contractors
  • Administrator
    Brax Watkins
  • Net Plan Assets
    $85,000
  • Total Participants
    89
  • Avg Account Balance
    $2,100

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Poor
Account Balance:
Poor

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Peer Group Plans

Company Rating
League Collegiate Wear 57.2
Kappler 56.3
PMC 53.5
Fjord, LTD 45.8
Contract Decor International 40.0
Lebanon Apparel 39.3
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

12

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 97%
9%
Participant Loans 2%
N/A
American Funds American Balanced 0%
29%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Deemer Dana & Forehle

Articles and Questions

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