ZIMMER GREAT LAKES 401(K) PLAN

Overview

Plan Contact

  • Address: 1708 NORTHWOOD,TROY,MI
  • Contact person: ANALISA OLEKSY
  • Phone: (800) 782-4948

Plan General Information


At the end of 2021, the total retirement plan assets of ZIMMER GREAT LAKES 401(K) PLAN is $6,702,687.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in ZIMMER GREAT LAKES 401(K) PLAN is 143

In 2021, the average participant retirement account value for ZIMMER GREAT LAKES 401(K) PLAN is $46,871

In 2021, the estimated average employee contribution amount per participant for ZIMMER GREAT LAKES 401(K) PLAN is $6,263

In 2021, the estimated average employer match for an employee in ZIMMER GREAT LAKES 401(K) PLAN is approximately $878

In 2021, ZIMMER GREAT LAKES 401(K) PLAN allocates $125,604 to match its employees’ contributions, providing an employer match rate of 14.02% of their contributions

In 2021, the total retirement plan asset growth rate of ZIMMER GREAT LAKES 401(K) PLAN is 24.67%

In 2021, the estimated aggregate retirement account investment gain/loss for ZIMMER GREAT LAKES 401(K) PLAN is 16.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of ZIMMER GREAT LAKES 401(K) PLAN is 0.76%.

Enrollment Features

ZIMMER GREAT LAKES 401(K) 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.