Employers › Edwards Lifesciences
Recordkeeping fees per participant · Edwards Lifesciences Corporation 401(k) Savings and Investment Plan · plan year 2024
$71.33
Higher than 95% of the 790 plans over $1B that report it.
= $709,406 / 9,945
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627134938NAL0009829745001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627134938NAL0009829745001, received 2025-06-27
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-27.
Administrative expenses excluding investment management, per participant
$84.25
Higher than 86% of the 1,045 plans over $1B that report it.
= $837,882 / 9,945
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627134938NAL0009829745001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627134938NAL0009829745001, received 2025-06-27
Administrative expenses per participant
$153.98
Higher than 87% of the 1,076 plans over $1B that report it.
= $1,531,290 / 9,945
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627134938NAL0009829745001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627134938NAL0009829745001, received 2025-06-27
Administrative expenses as a share of assets
0.081%
Higher than 79% of the 1,076 plans over $1B that report it.
= $1,531,290 / $1,900,030,263
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627134938NAL0009829745001, received 2025-06-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627134938NAL0009829745001, received 2025-06-27
Employer contributions per participant
$5,557
Higher than 73% of the 1,135 plans over $1B that report it.
= $55,268,659 / 9,945
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627134938NAL0009829745001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627134938NAL0009829745001, received 2025-06-27
Employer share of total contributions
34.0%
Higher than 53% of the 1,135 plans over $1B that report it.
= $55,268,659 / $162,378,724
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627134938NAL0009829745001, received 2025-06-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627134938NAL0009829745001, received 2025-06-27
98.8% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $1,663,887 ($321.28 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Employer match
“The Company matches the first 4% of the participant’s annual eligible compensation contributed to the Plan at the rate of 50 cents for each contributed dollar.”
Form 11-K filed 2026-06-12, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants are immediately fully vested in their Plan accounts (other than their Company matching and profit sharing contributions), plus actual earnings thereon.”
Form 11-K filed 2026-06-12, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“The Plan has an automatic enrollment feature whereby eligible employees are automatically enrolled in the Plan at a pre-tax contribution rate of 3% of eligible pay.”
Form 11-K filed 2026-06-12, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250627134938NAL0009829745001, received 2025-06-27
| Field | Value | Source |
|---|---|---|
| Plan sponsor | EDWARDS LIFESCIENCES CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Plan name | EDWARDS LIFESCIENCES CORPORATION 401K SAVINGS AND INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Sponsor EIN / plan number | 36-4316614 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Sponsor location | IRVINE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Industry (business code) | 339110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Filing received | 2025-06-27 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Participants, beginning of year | 10,217 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Active participants | 7,995 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Participants, end of year | 10,257 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Participants with an account balance | 9,945 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Total assets, beginning of year | $1,665,314,528 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Total assets, end of year | $1,900,030,263 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Net assets, end of year | $1,900,030,263 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Total income | $356,739,062 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Net income | $234,715,735 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Employer contributions | $55,268,659 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Participant contributions | $94,972,442 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Other contributions (incl. rollovers) | $12,137,623 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Total contributions | $162,378,724 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Benefit payments | $120,554,243 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Total expenses (incl. benefit payments) | $122,023,327 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Total administrative expenses | $1,531,290 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Contract administrator fees | $27,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Recordkeeping fees | $709,406 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| IQPA audit fees | $49,150 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Investment advisory and management fees | $693,408 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Administrative expenses excluding investment management | $837,882 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Held in master trusts | $1,878,060,304 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250627134938NAL0009829745001, received 2025-06-27 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250627134938NAL0009829745001, received 2025-06-27 |
Position = column in the DOL layout for form year 2024. Filing 20250627134938NAL0009829745001, received 2025-06-27.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICESrecordkeeper | RECORD KEEPER | 37 Participant loan processing; 49 Other services; 64 Recordkeeping fees; 99 Other fees | $789,896 | yes |
| VOYA RETIREMENT ADVISORS | CONTRACTUAL | 26 Investment advisory (participants) | $693,408 | no |
| MOSS ADAMS LLP | AUDITOR | 10 Accounting (including auditing) | $49,150 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250627134938NAL0009829745001, received 2025-06-27.
EDWARDS LIFESCIENCES CORP MASTER TR (EIN 364316614, PN 002): plan interest $1,878,060,304, 98.1% of the trust. The trust's own filing (20250630115415NAL0006590211001, received 2025-06-30) reports net assets $1,913,512,794, administrative expenses $1,695,296, recordkeeping fees not reported, investment management fees not reported and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| STATE STREET BANK AND TRUST | 13 | $1,695,296 | $1,663,887 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,665,314,528 | $1,900,030,263 | 14.1% |
| Participants with a balance | 9,799 | 9,945 | 1.5% |
| Administrative expenses | $1,026,891 | $1,531,290 | 49.1% |
| Recordkeeping fees per participant | $35.07 | $71.33 | 103.4% |
| Employer contributions | $50,051,169 | $55,268,659 | 10.4% |
Prior filing 20240715153148NAL0002808128001, received 2024-07-15; the plan years are contiguous.
Sponsor name as filed: EDWARDS LIFESCIENCES CORPORATION; SEC registrant: Edwards Lifesciences Corp (CIK 1099800, matched by EIN; display name from the Form 11-K cover).