ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM

At the end of 2022, the total retirement plan assets of ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is $21,133,174.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is 572

In 2022, the average participant retirement account value for ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is $36,946

In 2022, the estimated average employee contribution amount per participant for ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is $2,124

In 2022, the estimated average employer match for an employee in ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is approximately $1,165

In 2022, ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM allocates $666,402 to match its employees’ contributions, providing an employer match rate of 56.71% of their contributions

In 2022, the total retirement plan asset growth rate of ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is -24.91%

In 2022, the estimated aggregate retirement account investment gain/loss for ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is -22.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM is 0.30%.

Enrollment Features

ZIMMER BIOMET PUERTO RICO SAVINGS AND INVESTMENT 401(K) PROGRAM has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.