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STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 401k Plan overview

Plan NameSTRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES
Plan identification number 001

STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

STRYKER CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:STRYKER CORPORATION
Employer identification number (EIN):381239739
NAIC Classification:339110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01JAMES YEALIN JAMES YEALIN2013-07-15
0012011-01-01JAMES YEALIN JAMES YEALIN2012-07-18
0012010-01-01JAMES YEALIN JAMES YEALIN2011-08-08
0012009-01-01JAMES YEALIN JAMES YEALIN2010-08-03

Plan Statistics for STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES

401k plan membership statisitcs for STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES

Measure Date Value
2012: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2012 401k membership
Total participants, beginning-of-year2012-01-013,054
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2011 401k membership
Total participants, beginning-of-year2011-01-012,746
Total number of active participants reported on line 7a of the Form 55002011-01-012,364
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01689
Total of all active and inactive participants2011-01-013,053
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-013,054
Number of participants with account balances2011-01-012,965
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-01226
2010: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2010 401k membership
Total participants, beginning-of-year2010-01-012,538
Total number of active participants reported on line 7a of the Form 55002010-01-012,145
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01599
Total of all active and inactive participants2010-01-012,744
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-012,746
Number of participants with account balances2010-01-012,692
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-01252
2009: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2009 401k membership
Total participants, beginning-of-year2009-01-012,496
Total number of active participants reported on line 7a of the Form 55002009-01-012,024
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01512
Total of all active and inactive participants2009-01-012,536
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-012,538
Number of participants with account balances2009-01-012,487
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01218

Financial Data on STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES

Measure Date Value
2012 : STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-09-28$0
Total transfer of assets to this plan2012-09-28$182,565
Total transfer of assets from this plan2012-09-28$255,912,753
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-09-28$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-09-28$0
Total income from all sources (including contributions)2012-09-28$48,787,152
Total loss/gain on sale of assets2012-09-28$0
Total of all expenses incurred2012-09-28$11,806,181
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-09-28$11,796,873
Value of total corrective distributions2012-09-28$8,190
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-09-28$21,739,077
Value of total assets at end of year2012-09-28$0
Value of total assets at beginning of year2012-09-28$218,749,217
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-09-28$1,118
Total interest from all sources2012-09-28$22,052
Total dividends received (eg from common stock, registered investment company shares)2012-09-28$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-09-28Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-09-28$0
Was this plan covered by a fidelity bond2012-09-28Yes
Value of fidelity bond cover2012-09-28$15,000,000
If this is an individual account plan, was there a blackout period2012-09-28No
Were there any nonexempt tranactions with any party-in-interest2012-09-28No
Contributions received from participants2012-09-28$20,842,980
Participant contributions at end of year2012-09-28$0
Participant contributions at beginning of year2012-09-28$763,856
Participant contributions at end of year2012-09-28$0
Participant contributions at beginning of year2012-09-28$144,595
Income. Received or receivable in cash from other sources (including rollovers)2012-09-28$891,109
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-09-28$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-09-28$2,021,776
Other income not declared elsewhere2012-09-28$4,489
Administrative expenses (other) incurred2012-09-28$1,118
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-09-28No
Value of net income/loss2012-09-28$36,980,971
Value of net assets at end of year (total assets less liabilities)2012-09-28$0
Value of net assets at beginning of year (total assets less liabilities)2012-09-28$218,749,217
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-09-28No
Were any loans by the plan or fixed income obligations due to the plan in default2012-09-28No
Were any leases to which the plan was party in default or uncollectible2012-09-28No
Interest on participant loans2012-09-28$22,052
Value of interest in master investment trust accounts at end of year2012-09-28$0
Value of interest in master investment trust accounts at beginning of year2012-09-28$207,656,048
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-09-28No
Was there a failure to transmit to the plan any participant contributions2012-09-28No
Has the plan failed to provide any benefit when due under the plan2012-09-28No
Contributions received in cash from employer2012-09-28$4,988
Employer contributions (assets) at end of year2012-09-28$0
Employer contributions (assets) at beginning of year2012-09-28$8,162,942
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-09-28$11,796,873
Did the plan have assets held for investment2012-09-28No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-09-28No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-09-28Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-09-28Yes
Opinion of an independent qualified public accountant for this plan2012-09-28Disclaimer
Accountancy firm name2012-09-28ERNST & YOUNG
Accountancy firm EIN2012-09-28346565596
2011 : STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets to this plan2011-12-31$2,325,333
Total transfer of assets from this plan2011-12-31$369,229
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$27,906,811
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$18,356,414
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$18,354,346
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$32,250,837
Value of total assets at end of year2011-12-31$218,749,217
Value of total assets at beginning of year2011-12-31$207,242,716
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,068
Total interest from all sources2011-12-31$22,988
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$15,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$21,943,705
Participant contributions at end of year2011-12-31$763,856
Participant contributions at beginning of year2011-12-31$372,380
Participant contributions at end of year2011-12-31$144,595
Participant contributions at beginning of year2011-12-31$92,189
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$2,142,928
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$9,770
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$2,021,776
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$962
Administrative expenses (other) incurred2011-12-31$2,068
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$9,550,397
Value of net assets at end of year (total assets less liabilities)2011-12-31$218,749,217
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$207,242,716
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Interest on participant loans2011-12-31$22,988
Value of interest in master investment trust accounts at end of year2011-12-31$207,656,048
Value of interest in master investment trust accounts at beginning of year2011-12-31$199,653,059
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$8,164,204
Employer contributions (assets) at end of year2011-12-31$8,162,942
Employer contributions (assets) at beginning of year2011-12-31$7,125,088
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$18,344,576
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31ERNST & YOUNG
Accountancy firm EIN2011-12-31346565596
2010 : STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$392,766
Total transfer of assets from this plan2010-12-31$803,944
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$52,362,317
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$11,123,308
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$11,101,361
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$28,738,479
Value of total assets at end of year2010-12-31$207,242,716
Value of total assets at beginning of year2010-12-31$166,414,885
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$21,947
Total interest from all sources2010-12-31$16,199
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$15,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$19,879,503
Participant contributions at end of year2010-12-31$372,380
Participant contributions at beginning of year2010-12-31$231,437
Participant contributions at end of year2010-12-31$92,189
Participant contributions at beginning of year2010-12-31$66,838
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$1,734,392
Other income not declared elsewhere2010-12-31$13,862
Administrative expenses (other) incurred2010-12-31$21,947
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$41,239,009
Value of net assets at end of year (total assets less liabilities)2010-12-31$207,242,716
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$166,414,885
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Interest on participant loans2010-12-31$16,199
Value of interest in master investment trust accounts at end of year2010-12-31$199,653,059
Value of interest in master investment trust accounts at beginning of year2010-12-31$159,037,322
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$7,124,584
Employer contributions (assets) at end of year2010-12-31$7,125,088
Employer contributions (assets) at beginning of year2010-12-31$7,079,288
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$11,101,361
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31ERNST & YOUNG
Accountancy firm EIN2010-12-31346565596

Form 5500 Responses for STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES

2012: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: STRYKER CORPORATION 401K SAVINGS AND RETIREMENT PLAN FOR SALES EMPLOYEES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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