ONNIT LABS, INC. 401(K) PLAN
Plan Contact
- Address: 4401 FREIDRICH LANE,,AUSTIN,TX
- Contact person: KRISTI DALLEY
- Phone: (855) 666-4899
Plan General Information
ONNIT LABS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ONNIT LABS, INC. 401(K) PLAN is $4,582,004.00.This plan was established in 2016.
ONNIT LABS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ONNIT LABS, INC. 401(K) PLAN is 126
ONNIT LABS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ONNIT LABS, INC. 401(K) PLAN is $36,365.00
ONNIT LABS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ONNIT LABS, INC. 401(K) PLAN is $9,701.00.
ONNIT LABS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ONNIT LABS, INC. 401(K) PLAN is approximately $2,618.00
Investing in this additonal $2,618.00 for 20 years would give you extra $167,604.00, assuming a 10% annual return.
Investing in this additonal $2,618.00 for 20 years would give you extra $167,604.00, assuming a 10% annual return.
ONNIT LABS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, ONNIT LABS, INC. 401(K) PLAN allocates $329,971.00 to match its employees' contributions, providing an employer match rate of 53.99% of their contributions
ONNIT LABS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ONNIT LABS, INC. 401(K) PLAN is 27.64%.
ONNIT LABS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ONNIT LABS, INC. 401(K) PLAN is 20.04%. This measures the effectiveness of the plan participants' investments in the year.
ONNIT LABS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of ONNIT LABS, INC. 401(K) PLAN is 0.17%.
Enrollment Features
ONNIT LABS, INC. 401(K) PLAN has the following features:Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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