KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN

At the end of 2022, the total retirement plan assets of KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is $337,490,017.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is 2630

In 2022, the average participant retirement account value for KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is $128,323

In 2022, the estimated average employee contribution amount per participant for KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is $6,998

In 2022, the estimated average employer match for an employee in KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is approximately $2,973

In 2022, KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN allocates $7,819,767 to match its employees’ contributions, providing an employer match rate of 43.06% of their contributions

In 2022, the total retirement plan asset growth rate of KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is -19.24%

In 2022, the estimated aggregate retirement account investment gain/loss for KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is -19.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN is 0.19%.

Enrollment Features

KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS 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.
    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.