OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN

Plan Contact

  • Address: 327 YORKVILLE ROAD EAST,COLUMBUS,MS
  • Phone: (662) 244-6500

Plan General Information

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is $14,669,622.00.This plan was established in 1990.

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is 207

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is $70,867.00

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is $2,795.00.

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is approximately $928.00
Investing in this additonal $928.00 for 20 years would give you extra $59,433.00, assuming a 10% annual return.

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN allocates $192,230.00 to match its employees' contributions, providing an employer match rate of 32.44% of their contributions

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is 6.68%.

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is 17.00%. This measures the effectiveness of the plan participants' investments in the year.

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN is 0.43%.

Enrollment Features

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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