401(k) · DOL Form 5500 · 2022

Mayo Clinic Health System - Mankato 401(k) Plan

Data updated 2026-08-25

$230M
Total assets Near avg plan size
2,893
Participants Above avg headcount
96th
Percentile by assets National rank
$79,513
Avg per participant Below avg balance/head
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Official DOL plan name: Mayo Clinic Health System 401(a) Plan · Sponsored by Mayo Clinic Health System - Mankato · Minnesota · Healthcare & Social Assistance

$230M in assets, 2,893 participants

Mayo Clinic Health System - Mankato's Mayo Clinic Health System 401(a) Plan reported $230M in total assets and 2,893 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,366 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Mayo Clinic Health System 401(a) Plan covers 2,893 participants in Minnesota, 2.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $230M.

#19,366
in Healthcare & Social Assistance (20,060 peers)
-22.6%
assets change YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $67M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mayo Clinic Health System 401(a) Plan's outsized position by total assets

Mayo Clinic Health System 401(a) Plan vs every filed plan by assets

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

$230,032,424 Top 4% higher than 96% 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 Clinic Health System 401(a) 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 Clinic Health System 401(a) Plan lands in the large band (2,893 participants).

EBSA filing schedule strip

Filing strip 411236756 · Mayo Clinic Health System - Mankato PY 2022 · 401(k)

Mayo Clinic Health System 401(a) Plan · $230M · 2,893 · 96th

  • ASSETS $230M
  • ASSETS 2,893
  • ASSETS 96th
  • ASSETS 401(k)
  • ASSETS near Pipefitters Local No 636 Defined Contribution Retirement Trust and Plan
  • ASSETS ind #19366

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 Clinic Health System 401(a) Plan in the asset neighbourhood

Bluetriton Brands, Inc. 401(k) Savings PlanBluetriton Brands, Inc. 401(…$230MNutanix, Inc. 401(k) Plan$230MPipefitters Local No 636 Defined Contribution Retirement Trust and PlanPipefitters Local No 636 Def…$230MMayo Clinic Health System 401(a) PlanMayo Clinic Health System 40…$230MGxo Logistics 401(k) Plan$230M
End-of-year total assets ($M) among Mayo Clinic Health System 401(a) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$230M
Net Income-$67M
Employer EIN411236756
Plan Effective Date1974-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayo Clinic Health System - Mankato)

Sponsor-wide plan assets over time

All Mayo Clinic Health System - Mankato plans reported in each filing year

Latest sponsor-wide plan assets
$256M 11.332721512337757% vs 2022
2024 filing year
$220M$230M$240M$250M$260M 202220232024 $230M $256M ▲ +11.3%
Year Plans Participants Total Assets
2022 1 2,893 $230M
2023 1 2,618 $249M
2024 1 2,460 $256M

Nearby 401(k) Plans in Minnesota

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

Mayo Clinic Health System 401(a) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Mayo Clinic Health System 401(a) Plan, Total assets ($B): 0.230032424 · Participants: 2893Mayo Clinic Health System 401(a) 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 Clinic Health System 401(a) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mayo Clinic Health System 401(a) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Pipefitters Local No 636 Defined Contribution Retirement Trust and Plan in MI ($230M); by covered participants it is Gobrands, Inc. 401(k) Profit Sharing Plan in PA (2,893 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($230M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,893 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 Clinic Health System 401(a) Plan assets move in 2022?
Mayo Clinic Health System 401(a) Plan declined sharply - down 22.6% during 2022, from $297M to $230M. Reported net income was -$67M.
How have Mayo Clinic Health System - Mankato plan assets changed over time?
Across 3 plan years on file (2022-2024), Mayo Clinic Health System - Mankato's sponsor-wide assets grew 11.3%, from $230M to $256M.
Where does Mayo Clinic Health System 401(a) Plan rank by assets among Form 5500 filers?
Mayo Clinic Health System 401(a) Plan ranks in the 96th 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 Clinic Health System 401(a) Plan?
Among 401(k) plans in other states, the closest by assets is Pipefitters Local No 636 Defined Contribution Retirement Trust and Plan in MI ($230M, 1,662 participants).
Which 401(k) plans cover a similar participant headcount to Mayo Clinic Health System 401(a) Plan?
Among 401(k) plans in other states, the closest by covered participants is Gobrands, Inc. 401(k) Profit Sharing Plan in PA (2,893 participants, $50M in assets).