2023 Form 5500 filing — Mayo Clinic Methodist Hospital Hourly Employees' 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 20241014150528NAL0013501715001) for Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan, reported by Mayo Clinic Hospital - Rochester under EIN 41-0944601 and plan number 002. It reports 624 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014150528NAL0013501715001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mayo Clinic Hospital - Rochester
- EIN
- 41-0944601
- Plan number
- 002
- Location
- Rochester, MN
- Participants
- 624
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,615,156
- Total liabilities (EOY)
- $17,582
- Net assets (EOY)
- $42,597,574
- Employer contributions
- $1,243,000
- Total income / additions
- $7,021,937
- Benefits paid
- $2,229,497
- Administrative expenses
- $167,935
- Total expenses
- $2,397,432
- Net increase / (decrease)
- $4,624,505
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $35,837 | not reported in the loaded dataset |
| Ernst & Young Us Llp | NONE | $26,000 | not reported in the loaded dataset |
| The Northern Trust Company | NONE | $23,559 | $0 |
| Marathon - London | NONE | $22,625 | not reported in the loaded dataset |