# Medtronic Puerto Rico Operations Company 401(k) Plan
Source: https://planprovider.pro/companies/medtronic-puerto-rico-operations-company-980355534-001

> Medtronic Puerto Rico Operations Company's 401(k) plan: 5,274 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Medtronic Puerto Rico Operations Company

- **Sponsor EIN:** 980355534

- **Sponsor Address:** 710 MEDTRONIC PARKWAY NE, MINNEAPOLIS, MN, 55432

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 5,274

- **Total Assets:** $386.1M

## 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|5,274|$386.1M|$16.4M|$18.6M|

| 2023|5,202|$348.4M|$15.8M|$17.9M|

| 2022|4,959|$304.4M|$14.8M|$16.6M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|Recordkeeper|$278,320|—|$278,320|

| STRATEGIC ADVISORS, INC.|Investment Advisor|$160,248|—|$160,248|

| PRICEWATERHOUSECOOPERS LLP|Auditor|$7,500|—|$7,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — Recordkeeper

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — Investment Advisor

- [PRICEWATERHOUSECOOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $446,068

- **Estimated Expense Ratio:** 0.116% 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|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/medtronic-puerto-rico-operations-company-980355534-001)

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