401(k) · DOL Form 5500 · 2024
Medtronic Puerto Rico Operations Company 401(k) Plan
Data updated 2026-08-25
- $386M
- Total assets Above avg plan size
- 5,202
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $74,222
- Avg per participant Below avg balance/head
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.
- #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.
- #16,805
- in Manufacturing (17,777 peers)
- +10.8%
- assets growth YoY
- 3.9×
- vs typical plan assets (national mean)
Medtronic Puerto Rico Employees' Savings and Investment Plan's outsized position 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
Medtronic Puerto Rico Employees' Savings and Investment Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medtronic Puerto Rico Employees' Savings and Investment Plan lands in the large band (5,202 participants).
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.
EBSA filing schedule strip
Filing strip 980355534 · Medtronic Puerto Rico Operations Company PY 2024 · 401(k)
Medtronic Puerto Rico Employees' Savings and Investment Plan · $386M · 5,202 · 96th
- 5500 $386M
- ASSETS 5,202
- PCT 96th
- EIN 401(k)
- RANK near Infineum Savings Plan
- PHOTO ind #16805
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 →
Medtronic Puerto Rico Employees' Savings and Investment Plan in the asset neighbourhood
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)
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.
- 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 |
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 Infineum Savings Plan in NJ ($386M); by covered participants it is Pacificorp K Plus Employee Savings Plan in OR (5,201 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($386M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (5,202 participants); asset peers above are excluded.
- Pacificorp K Plus Employee Savings Plan (OR) 5,201 · 1 off
- The Williams Investment Plus Plan (OK) 5,204 · 2 off
- Ingersoll Rand Retirement Savings Plan (NC) 5,204 · 2 off
- Offutt Companies 401(k) Savings Plan (ND) 5,199 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.