Assets by plan
Share of aggregate retirement assets
Sponsor portfolio
MEDTRONIC, INC.
EIN 41-0793183medical devicesLatest filing 2025
Plans
5
Retirement
3
$17.67B assets
Welfare
2
$62.2M premiums
Participants
126,154
710 MEDTRONIC PARKWAY - MINNEAPOLIS, MN 554323576763-514-4000medtronic.comLinkedIn10001+ employeesmedical devices
Retirement portfolio analytics
3 plans aggregated / $17.67B assets / 78,182 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $62.2M premiums / 101,035 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$18.2M
- Health$13.6M
- Long-term disability$12.5M
- Prescription drug$10.3M
- Other$10.2M
- Vision$7.3M
- +2 more
Carrier market share
Premium dollars by Schedule A carrier
31%top
- HARTFORD LIFE AND ACCIDENT31%
- RELIANCE STANDARD LIFE INSURANCE COMPANY20%
- KAISER FOUNDATION HEALTH PLAN INC15%
- VISION SERVICE PLAN11%
- RELIASTAR LIFE INSURANCE COMPANY10%
- +3 more
Broker market share
Schedule A broker compensation
43%top
- MERCER HEALTH AND BENEFITS, LLC43%
- BSC AGENCY LLC29%
- BENE RE LLC18%
- AON CONSULTING INC6%
- REUBEN WARNER ASSOCIATES, INC.3%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#005
MEDTRONIC SAVINGS AND INVESTMENT PLAN
ESOP
Assets$13.72B
Participants55,692
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#007
MEDTRONIC RETIREMENT PLAN FOR CERTAIN PARTICIPANTS AND BENEFICIARIES
CashBalance
Assets$2.44B
Participants11,208
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
MEDTRONIC RETIREMENT PLAN
CashBalance
Assets$1.52B
Participants11,282
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#540
MEDTRONIC GROUP INSURANCE PLAN
Fully Insured - HARTFORD LIFE AND ACCIDENT
Premiums$61.2M
Covered lives99,800
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#541
MEDTRONIC RETIREE HEALTH PLAN
Mixed - DELTA DENTAL OF MINNESOTA
Premiums$1.0M
Covered lives1,235
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 005 | MEDTRONIC SAVINGS AND INVESTMENT PLAN | ESOP | $13.72B | 55,692 | 2025 | |
| 007 | MEDTRONIC RETIREMENT PLAN FOR CERTAIN PARTICIPANTS AND BENEFICIARIES | CashBalance | $2.44B | 11,208 | 2025 | |
| 002 | MEDTRONIC RETIREMENT PLAN | CashBalance | $1.52B | 11,282 | 2025 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 540 | MEDTRONIC GROUP INSURANCE PLAN | Fully Insured | HARTFORD LIFE AND ACCIDENT | $61.2M | 99,800 | 2024 | |
| 541 | MEDTRONIC RETIREE HEALTH PLAN | Mixed | DELTA DENTAL OF MINNESOTA | $1.0M | 1,235 | 2024 |
Retirement plans
Welfare plans