Mayo Retirement Savings Plan — Form 5500 plan (Mayo Holding Company)

Plain-English plan 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, Mayo Retirement Savings Plan is a benefit plan reported by Mayo Holding Company under EIN 41-1578020 and plan number 003. The latest loaded filing year is 2023. The filing reports 6,064 participants and $743,201,814 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mayo Holding Company
EIN
41-1578020
Plan number
003
Plan type
2
Location
Rochester, MN
Latest filing year
2023
Participants
6,064
End-of-year plan assets
$743,201,814

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,064H, C20240822102636NAL0004997489001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$743,201,814
Total liabilities (EOY)
$0
Net assets (EOY)
$743,201,814
Net assets (BOY)
$710,672,525

Income & contributions

Employer contributions
$24,348
Participant contributions
$140,606
Total contributions
$1,185,499
Total income / additions
$108,755,756

Expenses & distributions

Benefits paid
$75,999,275
Administrative expenses
$226,429
Total expenses
$76,226,467
Net increase / (decrease)
$32,529,289

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial EnginesADVISOR$507,478not reported in the loaded dataset2023
Willis Towers Watson Us LLCCONSULTANT$7,360not reported in the loaded dataset2023
Fidelity Inv Inst Op Co, IncRECORDKEEPER-$287,822$197,3162023

Related Form 5500 pages