2023 Form 5500 filing — Mayo Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240822102636NAL0004997489001) for Mayo Retirement Savings Plan, reported by Mayo Holding Company under EIN 41-1578020 and plan number 003. It reports 6,064 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$743.2MReported net assets$743,201,814
Participants6.1K6,064
Provider compensation$424.3K3 Schedule C row(s)$424,332
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240822102636NAL0004997489001
- Plan sponsor
- Mayo Holding Company
- EIN
- 41-1578020
- Plan number
- 003
- Location
- Rochester, MN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$743.2M total assets
Net assets$743.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $743,201,814
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $743,201,814
- Employer contributions
- $24,348
- Participant contributions
- $140,606
- Total income / additions
- $108,755,756
- Benefits paid
- $75,999,275
- Administrative expenses
- $226,429
- Total expenses
- $76,226,467
- Net increase / (decrease)
- $32,529,289
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Financial Engines | ADVISOR | $507,478 | not reported in the loaded dataset |
| Willis Towers Watson Us LLC | CONSULTANT | $7,360 | not reported in the loaded dataset |
| Fidelity Inv Inst Op Co, Inc | RECORDKEEPER | -$287,822 | $197,316 |