2023 Form 5500 filing — Mayo Pension 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 20241014150404NAL0046501936001) for Mayo Pension Plan, reported by Mayo Clinic under EIN 41-6011702 and plan number 001. It reports 85,563 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014150404NAL0046501936001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mayo Clinic
- EIN
- 41-6011702
- Plan number
- 001
- Location
- Rochester, MN
- Participants
- 85,563
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,032,936,702
- Total liabilities (EOY)
- $163,095,390
- Net assets (EOY)
- $10,869,841,312
- Employer contributions
- $275,875,000
- Total income / additions
- $1,229,684,547
- Benefits paid
- $416,702,060
- Administrative expenses
- $22,964,077
- Total expenses
- $439,666,137
- Net increase / (decrease)
- $790,018,410
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sit Investment Assoc. | NONE | $3,627,590 | not reported in the loaded dataset |
| Walter Scott | NONE | $2,158,727 | not reported in the loaded dataset |
| Willis Towers Watson Us LLC | NONE | $1,988,850 | not reported in the loaded dataset |
| Silchester International Investor | NONE | $1,944,908 | not reported in the loaded dataset |
| The Northern Trust Company | NONE | $1,887,843 | $0 |
| Morant Wright | NONE | $1,335,883 | not reported in the loaded dataset |
| Marathon - London | NONE | $1,284,693 | not reported in the loaded dataset |
| Harris Associates Lp | NONE | $1,192,346 | not reported in the loaded dataset |
| Lazard Asset Management | NONE | $590,808 | not reported in the loaded dataset |
| Tcw | NONE | $542,937 | not reported in the loaded dataset |
| Cape Ann Asset Management | NONE | $330,900 | not reported in the loaded dataset |
| Ernst & Young Us Llp | NONE | $204,400 | not reported in the loaded dataset |
| T Rowe Price Stable Asset Mgmt | NONE | $159,929 | not reported in the loaded dataset |
| Nalanda Capital | NONE | $35,208 | $0 |