401(k) Monitor

Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan

Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan · Anasco, PR · EIN 660579279 · Plan 002 · Form 5500 for plan year 2024

What Edwards Lifesciences (Puerto Rico) Retirement Savings Plan put into the plan, per active participant

Not on this filing

The plan ended the year with a fraction of the active participants it began with, so a full year of employer money would divide across the few people left and read as a figure no employee received. The total is shown instead of a per-person amount.

The plan received $895,954 of employer money in plan year 2024. The total is shown here because the filing does not support dividing it per person.

A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else. Nothing is filled in from an average, from another year or from another plan.

Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL June 27, 2025 · DOL EFAST2

What the plan cost, per participant

$167.52

The plan paid $167.52 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 71% of plans with 500–999 participants. The middle plan of that size paid $114.97.

Why a plan this big pays less per person before anything else

Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.

Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.

401(k) Monitor Score

Not scored

This filing reports one of the two amounts the score is built from, so it takes none. A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else.

It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.

What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.

On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers

The match and vesting terms, from a Form 11-K

The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.

What Edwards Lifesciences (Puerto Rico) Retirement Savings Plan puts in

Not in public filings for this employer

We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.

Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Voya.

What you contribute to collect all of it

Not in public filings for this employer

The rate that collects the full match is part of the match formula, which a Form 5500 does not report.

Vesting score

Not scored

The vesting schedule is stated in a Form 11-K, and we have none for this employer.

A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.

The formula, the six-year window and a worked example

What the plan costs, against plans of its size

71st percentile

$167.52 per participant in plan-paid administrative cost, more expensive than 71% of plans with 500–999 participants.

What to check next

  • Money in, without a headcount to divide it by

    The plan ended the year with a fraction of the active participants it began with, so the employer money is shown as a total above and not per person. Your own statement, on Voya, shows what reached your account.

  • Your own numbers are not on this page

    Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Voya. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.

Key figures

From Schedule H of Form 5500 filing 20250627114543NAL0022667362001, plan year 2024.
Total plan assets, end of year$31,358,907
Net assets$31,358,907
Participants, beginning of year979
Of which active30
Plan typeSingle employer
Size cohortThe peer group we rank fees against.500–999 participants
Employer share of the money that went in, plan year 2024The rest came from employees, who put in $1,802,508. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score.33%

Plan-paid administrative expenses

The plan paid $164,006 in administrative expenses in plan year 2024, across 979 participants: $167.52 per participant.

Contract administrator fees$2,700
Professional feesnot reported in filing
Investment management fees$50,936
Other administrative fees$2,570

These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.

The plans this one is ranked against

Fees on this page are ranked against the 500–999 participant cohort, where the median plan pays $114.97 per participant. The sponsor files from Puerto Rico, one of 118 plans on file there, at a median of $86.31 per participant. Its business code places the plan in pharmaceuticals and chemicals, one of 942 on file, which run to a median of $128.47.

Plans of a similar size in Puerto Rico

The plans nearest this one by participant count, out of 22 in its peer group. Cost per participant is each plan’s own Schedule H figure, and a filing that reported no administrative expenses says so instead of showing a zero.
PlanParticipantsCost per participant
Trane Technologies Retirement Savings Plan For Participating Affiliates In Puerto RicoThermo King Puerto Rico Manufactura, Inc.995not itemized
Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings PlanEdwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan979$167.52
Plan De Participacion De Ganancias Para Los Empleados De Suiza Dairy Y Sus AfiliadasSuiza Dairy Corp.973$82.66
Subs Island Development Inc. Retirement Savings PlanSubs Island Development Inc.853not itemized

Service providers (Schedule C)

Recordkeeper: Voya (as filed: “VOYA INSTITUTIONAL PLAN SERVICES”)

915 plans on file name Voya as their recordkeeper, at a median of $96.20 per participant.

Providers from Schedule C, Part 1, Item 2 of filing 20250627114543NAL0022667362001. Direct compensation is paid from plan assets. Amounts in USD.
ProviderService codesDirect comp. ($)Indirect comp. ($)
Voya Institutional Plan Services64, 3782,2200
Voya Retirement Advisors2650,936not reported
Moss Adams1030,850not reported

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Filing ACK_ID20250627114543NAL0022667362001
Dataset last refreshedJuly 28, 2026

Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗

Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag

This is an amended filing. It replaces the sponsor's earlier submission for the same year.

Cite this page

401(k) Monitor, "Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan: Form 5500 facts", from DOL EFAST2 filing 20250627114543NAL0022667362001, plan year ended December 31, 2024.