Employers › Edwards Lifesciences
Recordkeeping fees per participant · Edwards Lifesciences (puerto Rico) Corporation Retirement Savings Plan · plan year 2024
$180.63
Higher than 85% of the 14,075 plans $10 to 50M that report it.
= $76,950 / 426
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729112608NAL0001275939001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729112608NAL0001275939001, received 2025-07-29
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-07-29.
Administrative expenses excluding investment management, per participant
$265.42
Higher than 83% of the 24,371 plans $10 to 50M that report it.
= $113,070 / 426
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729112608NAL0001275939001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729112608NAL0001275939001, received 2025-07-29
Administrative expenses per participant
$384.99
Higher than 84% of the 25,098 plans $10 to 50M that report it.
= $164,006 / 426
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729112608NAL0001275939001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729112608NAL0001275939001, received 2025-07-29
Administrative expenses as a share of assets
0.523%
Higher than 84% of the 25,132 plans $10 to 50M that report it.
= $164,006 / $31,358,907
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729112608NAL0001275939001, received 2025-07-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729112608NAL0001275939001, received 2025-07-29
Employer contributions per participant
$2,103
Higher than 51% of the 24,050 plans $10 to 50M that report it.
= $895,954 / 426
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729112608NAL0001275939001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729112608NAL0001275939001, received 2025-07-29
Employer share of total contributions
32.3%
Higher than 66% of the 24,084 plans $10 to 50M that report it.
= $895,954 / $2,771,822
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729112608NAL0001275939001, received 2025-07-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729112608NAL0001275939001, received 2025-07-29
99.7% 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 $27,691 ($449.99 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.
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250729112608NAL0001275939001, received 2025-07-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | EDWARDS LIFESCIENCES (PUERTO RICO) CORPORATION RETIREMENT SAVINGS PLAN | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Plan name | EDWARDS LIFESCIENCES (PUERTO RICO) CORPORATION RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Sponsor EIN / plan number | 66-1075503 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Sponsor location | ANASCO, PR | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Industry (business code) | 325410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Filing received | 2025-07-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Participants, beginning of year | 979 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Active participants | 30 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Participants, end of year | 431 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Participants with an account balance | 426 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Total assets, beginning of year | $44,906,191 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Total assets, end of year | $31,358,907 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Net assets, end of year | $31,358,907 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Total income | $6,023,426 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Net income | $-13,547,284 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Employer contributions | $895,954 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Participant contributions | $1,802,508 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Other contributions (incl. rollovers) | $73,360 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Total contributions | $2,771,822 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Benefit payments | $19,396,648 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Total expenses (incl. benefit payments) | $19,570,710 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Total administrative expenses | $164,006 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Contract administrator fees | $2,700 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Recordkeeping fees | $76,950 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| IQPA audit fees | $30,850 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Investment advisory and management fees | $50,936 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Administrative expenses excluding investment management | $113,070 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Held in master trusts | $31,254,979 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250729112608NAL0001275939001, received 2025-07-29 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250729112608NAL0001275939001, received 2025-07-29 |
Position = column in the DOL layout for form year 2024. Filing 20250729112608NAL0001275939001, received 2025-07-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICESrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees | $82,220 | yes |
| VOYA RETIREMENT ADVISORS | CONTRACTUAL | 26 Investment advisory (participants) | $50,936 | no |
| MOSS ADAMS | AUDITOR | 10 Accounting (including auditing) | $30,850 | 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 20250729112608NAL0001275939001, received 2025-07-29.
EDWARDS LIFESCIENCES CORP MASTER TR (EIN 364316614, PN 002): plan interest $31,254,979, 1.6% 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 | $27,691 |
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.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Sponsor name as filed: EDWARDS LIFESCIENCES (PUERTO RICO) CORPORATION RETIREMENT SAVINGS PLAN; SEC registrant: Edwards Lifesciences Corp (CIK 1099800, matched by 11-K plan title; display name from the Form 11-K cover).