Plan Snapshot
- Plan Sponsor: Edwards Lifesciences Corporation
- Sponsor EIN: 364316614
- Sponsor Address: ONE EDWARDS WAY, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 7,995
- Total Assets: $1.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,995 | $1.9B | $55.3M | $95.0M |
| 2023 | 8,144 | $1.7B | $50.1M | $85.7M |
| 2022 | 7,592 | $1.4B | $43.3M | $75.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $49,150 | — | $49,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,150
- Estimated Expense Ratio: 0.003% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,531,290 | $693,408 | $27,200 | $49,150 | — |
| 2023 | $1,026,891 | $584,570 | $33,200 | $31,976 | — |
| 2022 | $1,076,172 | — | — | — | — |