401(k) · DOL Form 5500 · 2022

Mayo Holding Company 401(k) Plan

Data updated 2026-08-25

$711M
Total assets Above avg plan size
4,637
Participants Above avg headcount
98th
Percentile by assets National rank
$153,261
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mayo Retirement Savings Plan · Sponsored by Mayo Holding Company · Minnesota · Healthcare & Social Assistance

$711M in assets, 4,637 participants

Mayo Holding Company's Mayo Retirement Savings Plan reported $711M in total assets and 4,637 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,800 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Mayo Retirement Savings Plan covers 4,637 participants in Minnesota, 4.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $711M.

#19,800
in Healthcare & Social Assistance (20,060 peers)
-21.6%
assets change YoY
7.1×
vs typical plan assets (national mean)

The plan reported a net loss of $195M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mayo Retirement Savings Plan's outsized position by total assets

Mayo Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$710,672,525 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Mayo Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayo Retirement Savings Plan lands in the large band (4,637 participants).

DOL schedule card

Filing strip 411578020 · Mayo Holding Company PY 2022 · 401(k)

Mayo Retirement Savings Plan · $711M · 4,637 · 98th

  • VS-ST $711M
  • BOY 4,637
  • SCH 98th
  • EBSA 401(k)
  • PART near Martin Marietta Savings and Investment Plan
  • TYPE ind #19800

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Mayo Retirement Savings Plan in the asset neighbourhood

Mary Kay Inc. Profit Sharing and 401(k) PlanMary Kay Inc. Profit Sharing…$713MMartin Marietta Savings and Investment PlanMartin Marietta Savings and …$711MMayo Retirement Savings Plan$711MMosaic Investment Plan$709MGreif 401(k) Retirement Plan$709M
End-of-year total assets ($M) among Mayo Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$906M
Net Assets (End of Year)$711M
Net Income-$195M
Employer EIN411578020
Plan Effective Date1987-08-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayo Holding Company)

Sponsor-wide plan assets over time

All Mayo Holding Company plans reported in each filing year

Latest sponsor-wide plan assets
$762M 7.24376125276547% vs 2022
2024 filing year
$700M$720M$740M$760M$780M 202220232024 $711M $762M ▲ +7.2%
Year Plans Participants Total Assets
2022 1 4,637 $711M
2023 1 4,149 $743M
2024 1 3,813 $762M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mayo Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Mayo Retirement Savings Plan, Total assets ($B): 0.710672525 · Participants: 4637Mayo Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Mayo Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mayo Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Martin Marietta Savings and Investment Plan in NC ($711M); by covered participants it is Stripe, Inc. 401(k) Plan in CA (4,637 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($711M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,637 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mayo Retirement Savings Plan assets move in 2022?
Mayo Retirement Savings Plan declined sharply - down 21.6% during 2022, from $906M to $711M. Reported net income was -$195M.
How have Mayo Holding Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Mayo Holding Company's sponsor-wide assets grew 7.2%, from $711M to $762M.
Where does Mayo Retirement Savings Plan rank by assets among Form 5500 filers?
Mayo Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Mayo Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Martin Marietta Savings and Investment Plan in NC ($711M, 8,237 participants).
Which 401(k) plans cover a similar participant headcount to Mayo Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Stripe, Inc. 401(k) Plan in CA (4,637 participants, $317M in assets).