Livanova 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Livanova 401(k) Plan Facts (plan year 2019)

Plan name
LIVANOVA US EMPLOYEE RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LIVANOVA
Participants
1,665 (1,284 active employees)
Former employees with a balance
657
Plan assets
$196,608,847 at Dec 31, 2019
Average account balance
$104,081 across 1,889 accounts
Employer contributions
$6,136,692 in plan year 2019 (30% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jan 1, 2017
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 2, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $20.6 million went into the plan in contributions, $6.14 million of it from the employer (30%).
  • $18.5 million was paid out to participants.
  • Investment and other income added $36.1 million.
  • Administrative expenses were $205,265, about $109 per account.

How the Livanova 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014273$6.63 million$474,114$260,698
2015269$6.12 million$576,970$873,815
2016257$6.28 million$740,292$690,967
2017242$7.16 million$800,564$363,785
2018238$6.91 million$906,044$754,409
20191,665$196.6 million$6.14 million$18.5 million

Livanova 401(k) Contact Information

Phone
281-727-2790
Mailing address
100 CYBERONICS BLVD., HOUSTON TX 77058
Plan sponsor
LIVANOVA
Employer identification number (EIN)
84-1491245
Plan number
002

Questions about the Livanova 401(k)

Is the Livanova 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Livanova contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $6.14 million, 30% of all contributions.

Does the Livanova 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Livanova 401(k) plan?

1,665 participants at the start of plan year 2019, 1,284 of them active employees, and 657 former employees who still had money in the plan.

What is the average 401(k) balance at Livanova?

About $104,081 per account: $196.6 million in plan assets across 1,889 accounts with a balance at the end of plan year 2019.

Who manages the Livanova 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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