401(k) · DOL Form 5500 · 2022

Medtronic Puerto Rico Operations Company 401(k) Plan

Data updated 2026-08-11

$304M
Total assets
4,750
Participants
97th
Percentile by assets
$64,076
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Medtronic Puerto Rico Employees' Savings and Investment Plan · Sponsored by Medtronic Puerto Rico Operations Company · Minnesota · Manufacturing

$304M in assets, 4,750 participants

Medtronic Puerto Rico Operations Company's The Medtronic Puerto Rico Employees' Savings and Investment Plan reported $304M in total assets and 4,750 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 139,126 plans)
  • #19,552 in Manufacturing (20,602 peers)

Coverage in Minnesota

The Medtronic Puerto Rico Employees' Savings and Investment Plan covers 4,750 participants in Minnesota, 4.2x the typical Minnesota plan (state average ~1,126 per filing). Assets: $304M.

$304M
total plan assets (2022 EOY)
4,750
covered participants
97th
percentile by assets (of 139,126 plans)
$64,076
avg assets per participant

Where The Medtronic Puerto Rico Employees' Savings and Investment Plan sits by total assets

The Medtronic Puerto Rico Employees' Savings and Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$304,362,000 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Minnesota
Industry
Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. The Medtronic Puerto Rico Employees' Savings and Investment Plan reports 4,750 participants - 4.2x that state average ($304M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$301M
Net Assets (End of Year)$304M
Net Income$3M
Employer EIN980355534
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medtronic Puerto Rico Operations Company)

$250M$300M$350M$400M 202220232024 $304M $386M ▲ +26.9%
Total plan assets by year, all Medtronic Puerto Rico Operations Company plans on file
Year Plans Participants Total Assets
2022 1 4,750 $304M
2023 1 4,959 $348M
2024 1 5,202 $386M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Medtronic Puerto Rico Employees' Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants The Medtronic Puerto…, Total assets ($B): 0.304362 · Participants: 4750The Medtronic Puerto…Unitedhealth Group 4…, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 4…Medtronic Savings an…, Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings an…Target Corporation 4…, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 4…3M Voluntary Investm…, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Sav…
The Medtronic Puerto Rico Employees' Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Medtronic Puerto Rico Employees' Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Medtronic Puerto Rico Employees' Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did The Medtronic Puerto Rico Employees' Savings and Investment Plan assets move in 2022? ▼
The Medtronic Puerto Rico Employees' Savings and Investment Plan edged up modestly - up 1.0% during 2022, from $301M to $304M. Reported net income was $3M.
How have Medtronic Puerto Rico Operations Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medtronic Puerto Rico Operations Company's sponsor-wide assets grew 26.9%, from $304M to $386M.
Where does The Medtronic Puerto Rico Employees' Savings and Investment Plan rank by assets among Form 5500 filers? ▼
The Medtronic Puerto Rico Employees' Savings and Investment Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Medtronic Puerto Rico Employees' Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Geosyntec Consultants, Inc. and Subsidiaries 401(k) Retirement Plan in FL ($304M, 1,473 participants).

Next read for The Medtronic Puerto Rico Employees' Sav…

Filing takeaways

Ways to act on The Medtronic Puerto Rico Employees' Savings and Investment Plan's numbers.

  • By total assets, The Medtronic Puerto Rico Employees' Savings and Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Medtronic Puerto Rico Operations Company's sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 980355534.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.