Zimvie US Corp LLC. 401(k) Review & Grade
Zimvie Inc. Savings and Investment 401(k) Program · d/b/a Zimvie, Inc.
Palm Beach Gardens, FLManufacturing1,033 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,071Employer $ per active participant
$7,356Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$178.5MNet plan assets, end of year
$151,650Average balance per account
Score breakdown
- Employer generosity37.9 / 5076th percentile for employer $ per participant
- Low cost16.2 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 65th |
| Employee saving | 76th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Zimvie US Corp put in about $4,071 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,205,196 |
| Participant (employee) contributions | $7,598,391 |
| Other contributions (incl. rollovers in) | $315,401 |
| Administrative expenses paid from the plan | $246,351 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $123,712 |
| Benefits paid out | $29,206,552 |
| Net assets, start / end of year | $170.9M / $178.5M |
| Active participants, start / end of year | 1,260 / 806 |
| Participants with account balances | 1,177 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kruggel Lawton & Company, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $94,659 reported compensation |
| Strategic Advisors, Inc. | $90,234 reported compensation |
| Fiducient Advisors | $33,478 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010100844NAL0018189602001, received 2025-10-10, EIN 99-0769465, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.