OPTICAL OUTLETS 401(K) PLAN

Plan Contact

  • Address: 5607 JOHNS ROAD,TAMPA,FL
  • Contact person: SHERYLE BAINE
  • Phone: (813) 885-3937

Plan General Information

OPTICAL OUTLETS 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of OPTICAL OUTLETS 401(K) PLAN is $783,859.00.This plan was established in 2018.

OPTICAL OUTLETS 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in OPTICAL OUTLETS 401(K) PLAN is 156

OPTICAL OUTLETS 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for OPTICAL OUTLETS 401(K) PLAN is $5,024.00

OPTICAL OUTLETS 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for OPTICAL OUTLETS 401(K) PLAN is $983.00.

OPTICAL OUTLETS 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in OPTICAL OUTLETS 401(K) PLAN is approximately $412.00
Investing in this additonal $412.00 for 20 years would give you extra $26,427.00, assuming a 10% annual return.

OPTICAL OUTLETS 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, OPTICAL OUTLETS 401(K) PLAN allocates $64,417.00 to match its employees' contributions, providing an employer match rate of 40.81% of their contributions

OPTICAL OUTLETS 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of OPTICAL OUTLETS 401(K) PLAN is 5.56%.

OPTICAL OUTLETS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for OPTICAL OUTLETS 401(K) PLAN is -17.61%. This measures the effectiveness of the plan participants' investments in the year.

OPTICAL OUTLETS 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of OPTICAL OUTLETS 401(K) PLAN is 1.53%.

Enrollment Features

OPTICAL OUTLETS 401(K) 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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