Plan Ledger DOL Form 5500 · updated monthly

Edwards Lifesciences Technology Sar Sarl401(k)

EDWARDS LIFESCIENCES TECHNOLOGY SARL RETIREMENT SAVINGS PLAN · ANASCO, PR · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Edwards Lifesciences Technology Sar Sarl reported $131,500 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,787 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 2 years on file its reported administrative ratio rose from 0.29% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 36th-largest of 323 plans among PR employers on file, and the 3,398th of 13,661 in manufacturing. In 2023, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 677 to 760 since 2022.

Plan summary
Net assets, end of year$44,906,191
Participants with balances955
Active participants760
Employer contributions$1,357,826
Employee contributions$2,254,656
Employer contribution per active participant$1,787
Average account balance$47,022
Benefits paid to participants$3,529,951
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 426 accts · $896K emplr
2023$44.9M · 955 accts · $1.4M emplr
2022$40.3M · 845 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$44,601
Investment management$48,875
Audit (IQPA)$38,024
Total administrative$131,500
The Edwards Lifesciences Technology Sar Sarl 401(k) match · 2023
Employer contribution per active participant$1,787
Median for plans this size$2,440
2024$29,865 per active participant
2023$1,787 per active participant
2022$1,706 per active participant

Edwards Lifesciences Technology Sar Sarl's 2023 employer contribution ran below the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
VOYA RETIREMENT ADVISORS · Investment advisory (participants)$48,875
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing$44,601
MOSS ADAMS · Accounting / audit$38,024

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

Administrative cost history3
2024$164,006 · 0.43%
2023$131,500 · 0.31%
2022$137,467 · 0.29%
Similar plansManufacturing · PR
CC1 Limited Partnership PR$60.7M · 0.22%
Caribbean Refrescos, Inc. PR$53.5M · 0.01%
Teva Pr LLC PR$34.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660579279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.