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ONICON INCORPORATED 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 11451 BELCHER ROAD SOUTH,CLEARWATER,FL
  • Contact person: DENNIS TICHIO
  • Phone: (727) 447-6140

Plan General Information

ONICON INCORPORATED 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in ONICON INCORPORATED 401(K) PROFIT SHARING PLAN is 320

ONICON INCORPORATED 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for ONICON INCORPORATED 401(K) PROFIT SHARING PLAN is $992.00.

ONICON INCORPORATED 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in ONICON INCORPORATED 401(K) PROFIT SHARING PLAN is approximately $248.00
Investing in this additonal $248.00 for 20 years would give you extra $15,930.00, assuming a 10% annual return.

ONICON INCORPORATED 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2020, ONICON INCORPORATED 401(K) PROFIT SHARING PLAN allocates $79,653.00 to match its employees' contributions, providing an employer match rate of 50.16% of their contributions

Enrollment Features

ONICON INCORPORATED 401(K) PROFIT SHARING PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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