Mayo Pension 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, Mayo Pension Plan is a benefit plan reported by Mayo Clinic under EIN 41-6011702 and plan number 001. The latest loaded filing year is 2023. The filing reports 85,563 participants and $11,032,936,702 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mayo Clinic
- EIN
- 41-6011702
- Plan number
- 001
- Plan type
- 2
- Location
- Rochester, MN
- Latest filing year
- 2023
- Participants
- 85,563
- End-of-year plan assets
- $11,032,936,702
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 85,563 | H, C | 20241014150404NAL0046501936001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,032,936,702
- Total liabilities (EOY)
- $163,095,390
- Net assets (EOY)
- $10,869,841,312
- Net assets (BOY)
- $10,076,253,200
Income & contributions
- Employer contributions
- $275,875,000
- Total contributions
- $275,875,000
- Total income / additions
- $1,229,684,547
Expenses & distributions
- Benefits paid
- $416,702,060
- Administrative expenses
- $22,964,077
- Total expenses
- $439,666,137
- Net increase / (decrease)
- $790,018,410
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sit Investment Assoc. | NONE | $3,627,590 | not reported in the loaded dataset | 2023 |
| Walter Scott | NONE | $2,158,727 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | NONE | $1,988,850 | not reported in the loaded dataset | 2023 |
| Silchester International Investor | NONE | $1,944,908 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | NONE | $1,887,843 | $0 | 2023 |
| Morant Wright | NONE | $1,335,883 | not reported in the loaded dataset | 2023 |
| Marathon - London | NONE | $1,284,693 | not reported in the loaded dataset | 2023 |
| Harris Associates Lp | NONE | $1,192,346 | not reported in the loaded dataset | 2023 |
| Lazard Asset Management | NONE | $590,808 | not reported in the loaded dataset | 2023 |
| Tcw | NONE | $542,937 | not reported in the loaded dataset | 2023 |
| Cape Ann Asset Management | NONE | $330,900 | not reported in the loaded dataset | 2023 |
| Ernst & Young Us Llp | NONE | $204,400 | not reported in the loaded dataset | 2023 |
| T Rowe Price Stable Asset Mgmt | NONE | $159,929 | not reported in the loaded dataset | 2023 |
| Nalanda Capital | NONE | $35,208 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mayo Clinic
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Rochester, MN
- Sit Investment Assoc. — Schedule C compensation
- Walter Scott — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Silchester International Investor — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- Morant Wright — Schedule C compensation
- Marathon - London — Schedule C compensation
- Harris Associates Lp — Schedule C compensation
- Lazard Asset Management — Schedule C compensation
- Tcw — Schedule C compensation
- Cape Ann Asset Management — Schedule C compensation
- Ernst & Young Us Llp — Schedule C compensation
- T Rowe Price Stable Asset Mgmt — Schedule C compensation
- Nalanda Capital — Schedule C compensation