401(k) · DOL Form 5500 · 2023
Medtronic Puerto Rico Operations Company 401(k) Plan
Data updated 2026-08-25
- $348M
- Total assets Above avg plan size
- 4,959
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $70,263
- Avg per participant Below avg balance/head
Official DOL plan name: The Medtronic Puerto Rico Employees' Savings and Investment Plan · Sponsored by Medtronic Puerto Rico Operations Company · Minnesota · Manufacturing
$348M in assets, 4,959 participants
Medtronic Puerto Rico Operations Company's The Medtronic Puerto Rico Employees' Savings and Investment Plan reported $348M in total assets and 4,959 participants in its 2023 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.
- #17,688 in Manufacturing (18,722 peers)
Coverage in Minnesota
The Medtronic Puerto Rico Employees' Savings and Investment Plan covers 4,959 participants in Minnesota, 4.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $348M.
- #17,688
- in Manufacturing (18,722 peers)
- +14.5%
- assets growth YoY
- 3.5×
- vs typical plan assets (national mean)
The Medtronic Puerto Rico Employees' Savings and Investment Plan's outsized position 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 2023 · DOL Form 5500
$348,432,000 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Medtronic Puerto Rico Employees' Savings and Investment Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Medtronic Puerto Rico Employees' Savings and Investment Plan lands in the large band (4,959 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Medtronic Puerto Rico Employees' Savings and Investment Plan reported net income rose from $3M in the plan year 2022 filing to $44M in the plan year 2023 filing.
- The Medtronic Puerto Rico Employees' Savings and Investment Plan end-of-year assets rose from $304M in the plan year 2022 filing to $348M in the plan year 2023 filing.
- The Medtronic Puerto Rico Employees' Savings and Investment Plan reported participants rose from 4,750 in the plan year 2022 filing to 4,959 in the plan year 2023 filing.
DOL schedule card
Filing strip 980355534 · Medtronic Puerto Rico Operations Company PY 2023 · 401(k)
The Medtronic Puerto Rico Employees' Savings and Investment Plan · $348M · 4,959 · 97th
- 5500 $348M
- 5500 4,959
- 5500 97th
- 5500 401(k)
- 5500 near Resmed U S 401(k) Plan
- 5500 ind #17688
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →
The Medtronic Puerto Rico Employees' Savings and Investment Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $304M |
|---|---|
| Net Assets (End of Year) | $348M |
| Net Income | $44M |
| Employer EIN | 980355534 |
| Plan Effective Date | 1983-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Medtronic Puerto Rico Operations Company)
Sponsor-wide plan assets over time
All Medtronic Puerto Rico Operations Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $386M 26.856177840860557% vs 2022
- 2024 filing year
| 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.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
The Medtronic Puerto Rico Employees' Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Resmed U S 401(k) Plan in CA ($348M); by covered participants it is Gbt 401(k) Plan in NY (4,959 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($348M here).
- Resmed U S 401(k) Plan (CA) $348M · 3,056
- Xperi Inc. 401(k) Plan (CA) $348M · 918
- Fieldcore Service, Inc. Retirement Savings Plan and Trust (GA) $349M · 2,999
- Sappi North America, Inc. Salaried Investment Plan (MA) $348M · 740
Similar participant headcount
Nearest other-state filings by covered participants (4,959 participants); asset peers above are excluded.
- Gbt 401(k) Plan (NY) 4,959 · 0 off
- Sirius Xm Radio 401(k) Savings Plan (NY) 4,960 · 1 off
- Fiesta Mart, L.L.C. 401(k) Retirement and Savings Plan (TX) 4,960 · 1 off
- Sound Physicians 401(k) Plan (WA) 4,956 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.