Plan Snapshot
- Plan Sponsor: Edwards Lifesciences (Puerto Rico) Corporation Retirement Savings Plan
- Sponsor EIN: 660579279
- Sponsor Address: P.O. BOX 1577, ANASCO, PR, 00610
- Plan Type: 401(k)
- Total Participants: 30
- Total Assets: $31.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 30 | $31.4M | $895,954 | $1.8M |
| 2023 | 760 | $44.9M | $1.4M | $2.3M |
| 2022 | 677 | $40.3M | $1.2M | $2.0M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | RECORDKEEPER | $82,220 | — | $82,220 |
| VOYA RETIREMENT ADVISORS | CONTRACTUAL | $50,936 | — | $50,936 |
| MOSS ADAMS | AUDITOR | $30,850 | — | $30,850 |
| BDO USA, P.C. | Auditor | $30,850 | — | $30,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VOYA RETIREMENT ADVISORS — CONTRACTUAL
- MOSS ADAMS — AUDITOR
- 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: $194,856
- Estimated Expense Ratio: 0.621% 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 | $164,006 | $50,936 | $2,700 | $30,850 | — |
| 2023 | $131,500 | $48,875 | $3,665 | $38,024 | — |
| 2022 | $137,467 | — | — | — | — |