401(k) · DOL Form 5500 · 2024
Medtronic Puerto Rico Operations Company 401(k) Plan
Data updated 2026-08-11
- $386M
- Total assets
- 5,202
- Participants
- 96th
- Percentile by assets
- $74,222
- Avg per participant
Official DOL plan name: Medtronic Puerto Rico Employees' Savings and Investment Plan · Sponsored by Medtronic Puerto Rico Operations Company · Minnesota · Manufacturing
$386M in assets, 5,202 participants
Medtronic Puerto Rico Operations Company's Medtronic Puerto Rico Employees' Savings and Investment Plan reported $386M in total assets and 5,202 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #16,805 in Manufacturing (17,777 peers)
Coverage in Minnesota
Medtronic Puerto Rico Employees' Savings and Investment Plan covers 5,202 participants in Minnesota, 4.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $386M.
- $386M
- total plan assets (2024 EOY)
- 5,202
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $74,222
- avg assets per participant
Where Medtronic Puerto Rico Employees' Savings and Investment Plan sits by total assets
Medtronic Puerto Rico Employees' Savings and Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$386,102,000 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Medtronic Puerto Rico Employees' Savings and Investment Plan reported net income fell from $44M in the plan year 2023 filing to $38M in the plan year 2024 filing.
- Medtronic Puerto Rico Employees' Savings and Investment Plan end-of-year assets rose from $348M in the plan year 2023 filing to $386M in the plan year 2024 filing.
- Medtronic Puerto Rico Employees' Savings and Investment Plan reported participants rose from 4,959 in the plan year 2023 filing to 5,202 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Medtronic Puerto Rico Employees' Savings and Investment Plan reports 5,202 participants - 4.6x that state average ($386M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $348M |
|---|---|
| Net Assets (End of Year) | $386M |
| Net Income | $38M |
| Employer EIN | 980355534 |
| Plan Effective Date | 1983-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Medtronic Puerto Rico Operations Company)
| 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.
Medtronic Puerto Rico Employees' Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Scale composition for Medtronic Puerto Rico Employees' Savings and Investment Plan
Medtronic Puerto Rico Employees' Savings and Investment Plan reports $386M in end-of-year assets across 5,202 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $74,222 per participant (54% of the national average assets-per-participant) . Net income for plan year 2024 was $38M.
This plan identity (EIN 980355534, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $304M to $386M (+26.9%) while covered participants moved from 4,750 to 5,202 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,750 | $304M | Open filing |
| 2023 | 4,959 | $348M | Open filing |
| 2024 · index core | 5,202 | $386M | This page |
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Medtronic Puerto Rico Employees' Savings and Investment Plan by total assets, not by location.
- Infineum Savings Plan (NJ) $386M · 530
- Trinity Industries, Inc. 401(k) Plan as Restated Effective August 1, 2020 (TX) $386M · 2,644
- Oregon Anesthesiology Group, P.C. 401(k) Profit Sharing Plan (OR) $386M · 213
- Smart & Final 401(k) Savings Plan (CA) $387M · 10,302
Frequently Asked Questions
How did Medtronic Puerto Rico Employees' Savings and Investment Plan assets move in 2024? ▼
How have Medtronic Puerto Rico Operations Company plan assets changed over time? ▼
Where does Medtronic Puerto Rico Employees' Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Medtronic Puerto Rico Employees' Savings and Investment Plan? ▼
Next read for Medtronic Puerto Rico Employees' Savings…
Filing takeaways
Ways to act on Medtronic Puerto Rico Employees' Savings and Investment Plan's numbers.
- By total assets, 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