Covidien Lp 401(k) Plan (terminated 2016): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2016, when $33.3 million was transferred out of the plan. Assets moved to the MEDTRONIC PUERTO RICO EMPLOYEES' SAVINGS AND INVESTMENT PLAN (sponsored by MEDTRONIC PUERTO RICO OPERATIONS COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the MEDTRONIC PUERTO RICO EMPLOYEES' SAVINGS AND INVESTMENT PLAN →Covidien Lp 401(k) Login
We don't have a verified login link for this plan's recordkeeper. Beagle can locate your account.
Retirement plan providers can change. This information is from the plan's 2016 filing.
Covidien Lp 401(k) Plan Facts (plan year 2016)
Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Jan 29, 2018. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2016
- $2.90 million went into the plan in contributions, $1.40 million of it from the employer (48%).
- $2.17 million was paid out to participants.
- Investment and other income added $2.21 million.
How the Covidien Lp 401(k) changed, 2011–2016
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2011 | 1,344 | $18.8 million | $1.19 million | $1.31 million |
| 2012 | 1,251 | $21.4 million | $1.18 million | $1.65 million |
| 2013 | 1,159 | $25.6 million | $1.26 million | $1.84 million |
| 2014 | 1,106 | $28.5 million | $1.30 million | $1.40 million |
| 2015 | 1,072 | $30.4 million | $1.31 million | $1.26 million |
| 2016 (final) | 1,065 | $0 | $1.40 million | $2.17 million |
Covidien Lp 401(k) Contact Information
Questions about the Covidien Lp 401(k)
Is the Covidien Lp 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2016. Its assets were transferred to the MEDTRONIC PUERTO RICO EMPLOYEES' SAVINGS AND INVESTMENT PLAN.
Does Covidien Lp contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $1.40 million, 48% of all contributions.
Does the Covidien Lp 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Covidien Lp 401(k) plan?
1,065 participants at the start of plan year 2016.
Who manages the Covidien Lp 401(k) accounts?
MERCER HR SERVICES, LLC is the plan's recordkeeper, which is where participants log in to see their balance.