Franklin Heating Station Hourly Employees 401(K) Plan — Form 5500 plan (Mayo Clinic)
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, Franklin Heating Station Hourly Employees 401(K) Plan is a benefit plan reported by Mayo Clinic under EIN 41-0264830 and plan number 003. The latest loaded filing year is 2023. The filing reports 47 participants and $12,016,576 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mayo Clinic
- EIN
- 41-0264830
- Plan number
- 003
- Plan type
- 2
- Location
- Rochester, MN
- Latest filing year
- 2023
- Participants
- 47
- End-of-year plan assets
- $12,016,576
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 47 | I | 20240705085727NAL0019151906001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $12,016,576
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,016,576
- Net assets (BOY)
- $11,461,066
Income & contributions
- Employer contributions
- $167,077
- Participant contributions
- $361,893
- Total income / additions
- $2,214,667
Expenses & distributions
- Benefits paid
- $1,659,929
- Administrative expenses
- -$772
- Total expenses
- $1,659,157
- Net increase / (decrease)
- $555,510
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.