Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan — Form 5500 plan (Mayo Clinic Hospital - Rochester)
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 Clinic Methodist Hospital Hourly Employees' Pension Plan is a benefit plan reported by Mayo Clinic Hospital - Rochester under EIN 41-0944601 and plan number 002. The latest loaded filing year is 2023. The filing reports 624 participants and $42,615,156 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mayo Clinic Hospital - Rochester
- EIN
- 41-0944601
- Plan number
- 002
- Plan type
- 2
- Location
- Rochester, MN
- Latest filing year
- 2023
- Participants
- 624
- End-of-year plan assets
- $42,615,156
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 624 | H, C | 20241014150528NAL0013501715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $42,615,156
- Total liabilities (EOY)
- $17,582
- Net assets (EOY)
- $42,597,574
- Net assets (BOY)
- $39,167,378
Income & contributions
- Employer contributions
- $1,243,000
- Total contributions
- $1,243,000
- Total income / additions
- $7,021,937
Expenses & distributions
- Benefits paid
- $2,229,497
- Administrative expenses
- $167,935
- Total expenses
- $2,397,432
- Net increase / (decrease)
- $4,624,505
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $35,837 | not reported in the loaded dataset | 2023 |
| Ernst & Young Us Llp | NONE | $26,000 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | NONE | $23,559 | $0 | 2023 |
| Marathon - London | NONE | $22,625 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mayo Clinic Hospital - Rochester
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Rochester, MN
- Willis Towers Watson Us LLC — Schedule C compensation
- Ernst & Young Us Llp — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- Marathon - London — Schedule C compensation