BIOMET 401(K) SAVINGS AND RETIREMENT PLAN
Plan Contact
- Address: 56 EAST BELL DRIVE,WARSAW,IN
- Contact person: DENNIS CULTICE
- Phone: (574) 267-6639
Plan General Information
BIOMET 401(K) SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2015, the total number of retirement plan participants in BIOMET 401(K) SAVINGS AND RETIREMENT PLAN is 4776
BIOMET 401(K) SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2015, the estimated average employee contribution amount per participant for BIOMET 401(K) SAVINGS AND RETIREMENT PLAN is $8,602.00.
BIOMET 401(K) SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match
In 2015, the estimated average employer match for an employee in BIOMET 401(K) SAVINGS AND RETIREMENT PLAN is approximately $3,146.00
Investing in this additonal $3,146.00 for 20 years would give you extra $201,399.00, assuming a 10% annual return.
Investing in this additonal $3,146.00 for 20 years would give you extra $201,399.00, assuming a 10% annual return.
BIOMET 401(K) SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2015, BIOMET 401(K) SAVINGS AND RETIREMENT PLAN allocates $15,029,427.00 to match its employees' contributions, providing an employer match rate of 73.16% of their contributions
Enrollment Features
BIOMET 401(K) SAVINGS AND RETIREMENT 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.
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