4 additional years of workMedtronic, Inc. Savings and Investment Plan is a defined contribution plan with a profit-sharing component and leveraged ESOP component. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Medtronic, Inc. Savings and Investment Plan currently has over 29,800 active participants and over $3.1B in plan assets.
| Address |
710 Medtronic Parkway Ne
Ms Lc245 Minneapolis, MN 55432 |
| Industry | Manufacturing |
| Administrator | Denise King, Prog Dir Us Benefits |
| Net Plan Assets | $3,080,000,000 |
| Total Participants | 30,000 |
| Avg Account Balance | $110,000 |
| Micro Control Company | 71.0 |
| Pro Performance Sports, LLC | 65.1 |
| MVP Group International | 56.9 |
| Ebonite International | 55.5 |
| Ideal Ready Mix Company | 46.8 |
| MacNaughton Lithograph Co. | 39.3 |
| 1. | Medtronic, Inc. Common Stock | 21% |
| 2. | Medtronic GIC | 11% |
| 3. | Vanguard Wellington | 8% |
| Investment Adviser | Vanguard Group |
| Recordkeeper | Vanguard Group |
| Consultant | Vanguard Group |
| Legal Counsel | Gray, Plant, Mooty, Mooty & Bennett |
| Auditor | McGladrey |
BrightScope Rating
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