Retirement plan

EDWARDS LIFESCIENCES CORPORATION 401K SAVINGS AND INVESTMENT PLAN

Name: EDWARDS LIFESCIENCES CORPORATION - EDWARDS LIFESCIENCES CORPORATION 401K SAVINGS AND INVESTMENT PLAN (2015) Form 5500
Creator: EDWARDS LIFESCIENCES CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDWARDS LIFESCIENCES CORPORATION 401K SAVINGS AND INVESTMENT PLAN, EDWARDS LIFESCIENCES CORPORATION

EDWARDS LIFESCIENCES CORPORATIONEIN 36-4316614Plan #001PY 2015

ONE EDWARDS WAY - IRVINE, CA 92614800-955-1237edwards.comLinkedIn10001+ employeesmedical devices

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed March 18, 2005 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$590.7M

-13.7% from 2016

Total participants

5,193

-10.5% from 2016

Average account balance

$135,739

-4.3% from 2016

Annual return

7.03%

-5.16 pp from 2016

Benchmarks

See 742 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort742 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.90B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$191K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

9,945

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$154

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284	Loan Processing	$409,022
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 22-0488491	Advisory (Participants)	$173,134
CURCIO WEBB1+ years Service code 16 · EIN 36-4171366	Consulting	$0
DLA PIPER1+ years Service code 29 · EIN 52-0616490	Legal	$0
HEIN & ASSOCIATES LLP1+ years Filed as: HEIN AND ASSOCIATES Service code 10 · EIN 84-0749233	Accounting	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$582K

$136 / participant

Other / not subdivided$582K100.0%

% of EOY assets

0.099%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HEIN & ASSOCIATES
Auditor EIN: 840749233
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,739

$71,957+88.6%

$67,652+100.6%

$59,188+129.3%

Participation rate

80.3%

82.7%-2.3pp

75.7%+4.7pp

69.4%+10.9pp

Annual return

7.03%

8.53%-1.5pp

6625.40%-6618.4pp

5.51%+1.5pp

Employer contribution / active EE

$3,306

$2,432+35.9%

$2,266+45.9%

$2,098+57.6%

Participant deferral / active EE

$7,134

$4,211+69.4%

$3,560+100.4%

$3,265+118.5%

Admin fee / account holder

$134

$64+108.5%

$4,821-97.2%

$92+45.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA INSTITUTIONAL PLAN SERVICES

Service code 37 · EIN 04-3516284

Loan Processing

$409,022

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA RETIREMENT ADVISORS

Service code 26 · EIN 22-0488491

Advisory (Participants)

$173,134

CURCIO WEBB1+ years

Service code 16 · EIN 36-4171366

Consulting

DLA PIPER1+ years

Service code 29 · EIN 52-0616490

Legal

HEIN & ASSOCIATES LLP1+ years

Filed as: HEIN AND ASSOCIATES

Service code 10 · EIN 84-0749233

Accounting

EDWARDS LIFESCIENCES CORPORATION 401K SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDWARDS LIFESCIENCES CORPORATION 401K SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion