Plan Ledger DOL Form 5500 · updated monthly

Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan401(k)

EDWARDS LIFESCIENCES (PUERTO RICO) CORPORATION RETIREMENT SAVINGS PLAN · ANASCO, PR · plan year 2024

Reported admin expense ratio · 2024
0.43%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan reported $164,006 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $29,865 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.43% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 47th-largest of 323 plans among PR employers on file, and the 4,345th of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,358,907
Participants with balances426
Active participants30
Employer contributions$895,954
Employee contributions$1,802,508
Employer contribution per active participant$29,865
Average account balance$73,612
Benefits paid to participants$19,396,648
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2025$31.3M · 321 accts · $34K emplr
2024$31.4M · 426 accts · $896K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,650
Investment management$50,936
Audit (IQPA)$30,850
Total administrative$164,006
The Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan 401(k) match · 2024
Employer contribution per active participant$29,865
Median for plans this size$2,416
2025$1,243 per active participant
2024$29,865 per active participant

Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing$82,220
VOYA RETIREMENT ADVISORS · Investment advisory (participants)$50,936
MOSS ADAMS · Accounting / audit$30,850

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2025$165,520 · 0.53%
2024$164,006 · 0.43%
Similar plansManufacturing · PR
Caribbean Refrescos, Inc. PR$53.5M · 0.01%
Teva Pr LLC PR$34.4M · 0.19%
Mylan LLC PR$26.1M · 0.01%
Bacardi Corporation PR$23.9M · 0.07%
Holsum de Puerto Rico, Inc. PR$22.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 661075503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.