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).
- EFAST2 acknowledgement
- 20240822102636NAL0004997489001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mayo Holding Company
- EIN
- 41-1578020
- Plan number
- 003
- Location
- Rochester, MN
- Participants
- 6,064
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- 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
- Schedule source
- Schedule H
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 |