Genzyme Corporation 401(k) Plan (terminated 2012): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2012, when $711.9 million was transferred out of the plan. Assets moved to the SANOFI U.S. GROUP SAVINGS PLAN (sponsored by SANOFI-AVENTIS US LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the SANOFI U.S. GROUP SAVINGS PLAN →Genzyme Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2012 filing.
Genzyme Corporation 401(k) Plan Facts (plan year 2012)
Source: Form 5500 for plan year 2012 (Jan 1, 2012 – Apr 1, 2012), filed Oct 12, 2012. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2012
- $23.9 million went into the plan in contributions, $7.79 million of it from the employer (33%).
- $55.2 million was paid out to participants.
- Investment and other income added $64.3 million.
How the Genzyme Corporation 401(k) changed, 2009–2012
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2009 | 8,101 | $616.4 million | $37.5 million | $13.2 million |
| 2010 | 8,665 | $769.5 million | $39.5 million | $56.9 million |
| 2011 | 8,678 | $678.9 million | $31.6 million | $161.9 million |
| 2012 (final) | 7,681 | $0 | $7.79 million | $55.2 million |
Genzyme Corporation 401(k) Contact Information
Questions about the Genzyme Corporation 401(k)
Is the Genzyme Corporation 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2012. Its assets were transferred to the SANOFI U.S. GROUP SAVINGS PLAN.
Does Genzyme Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $7.79 million, 33% of all contributions.
Does the Genzyme Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Genzyme Corporation 401(k) plan?
7,681 participants at the start of plan year 2012.
Who manages the Genzyme Corporation 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.