ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 716 EAST 4500 SOUTH,,SALT LAKE CITY,UT
  • Contact person: HEATHER WEAVER
  • Phone: (801) 281-4500

Plan General Information

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2012, the total retirement plan assets of ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is $1,772,110.00.This plan was established in 2003.

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2012, the total number of retirement plan participants in ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is 271

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2012, the average participant retirement account value for ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is $6,539.00

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is $1,113.00.

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2012, the estimated average employer match for an employee in ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is approximately $301.00
Investing in this additonal $301.00 for 20 years would give you extra $19,311.00, assuming a 10% annual return.

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2012, ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN allocates $81,774.00 to match its employees' contributions, providing an employer match rate of 54.21% of their contributions

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2012, the total retirement plan asset growth rate of ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is -22.13%.

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2012, the estimated aggregate retirement account investment gain/loss for ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is 13.14%. This measures the effectiveness of the plan participants' investments in the year.

ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2012, the investment and administrative expense ratio of ORBIT MEDICAL, INC. 401(K) PROFIT SHARING PLAN is 0.00%.

Enrollment Features

ORBIT MEDICAL, INC. 401(K) 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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