Defined Benefit (Pension) · DOL Form 5500 · 2022

Mayo Clinic Hospital - Rochester Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
464
Participants Below avg headcount
86th
Percentile by assets National rank
$85,955
Avg per participant Below avg balance/head
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Official DOL plan name: Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan · Sponsored by Mayo Clinic Hospital - Rochester · Minnesota · Healthcare & Social Assistance

$40M in assets, 464 participants

Mayo Clinic Hospital - Rochester's Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported $40M in total assets and 464 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,687 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan covers 464 participants in Minnesota, about 41% of the average Minnesota filer (state average ~1,126 per filing). Assets: $40M.

#17,687
in Healthcare & Social Assistance (20,060 peers)
-17.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan's outsized position by total assets

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan vs every filed plan by assets

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

$39,883,237 Top 14% higher than 86% 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 Methodist Hospital Hourly Employees' Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan sits mid-pack in the medium band (464 participants).

DOL schedule card

Filing strip 410944601 · Mayo Clinic Hospital - Rochester PY 2022 · Defined Benefit (Pension)

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan · $40M · 464 · 86th

  • TYPE $40M
  • NET 464
  • BOOK 86th
  • VS-ST Defined Benefit (Pension)
  • BOY near United Food & Commercial Workers Union Local 880 Mercantile Employers Joint Pension Fund
  • SCH ind #17687

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 Methodist Hospital Hourly Employees' Pension Plan in the asset neighbourhood

Nixon Peabody LLP Partner Parity Plan INixon Peabody LLP Partner Pa…$40MIroquois Pipeline Operating Company Cash Balance Retirement PlanIroquois Pipeline Operating …$40MMayo Clinic Methodist Hospital Hourly Employees' Pension PlanMayo Clinic Methodist Hospit…$40MUnited Food & Commercial Workers Union Local 880 Mercantile Employers Joint Pension FundUnited Food & Commercial Wor…$40MFreeport-Mcmoran Pension Plan$40M
End-of-year total assets ($M) among Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$39M
Net Income-$8M
Employer EIN410944601
Plan Effective Date1972-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayo Clinic Hospital - Rochester)

Sponsor-wide plan assets over time

All Mayo Clinic Hospital - Rochester plans reported in each filing year

Latest sponsor-wide plan assets
$138M 9.937094883509552% vs 2022
2024 filing year
$120M$125M$130M$135M$140M 202220232024 $125M $138M ▲ +9.9%
Year Plans Participants Total Assets
2022 2 1,804 $125M
2023 2 1,698 $133M
2024 2 1,723 $138M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan, Total assets ($B): 0.039883237 · Participants: 464Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan side-by-side with 3 peers →

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is United Food & Commercial Workers Union Local 880 Mercantile Employers Joint Pension Fund in OH ($40M); by covered participants it is Hawaii Sheet Metal Workers Pension Fund in HI (464 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (464 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 Methodist Hospital Hourly Employees' Pension Plan assets move in 2022? ▼
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan declined sharply - down 17.2% during 2022, from $48M to $40M. Reported net income was -$8M.
How have Mayo Clinic Hospital - Rochester plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mayo Clinic Hospital - Rochester's sponsor-wide assets grew 9.9%, from $125M to $138M.
Where does Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is United Food & Commercial Workers Union Local 880 Mercantile Employers Joint Pension Fund in OH ($40M, 769 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawaii Sheet Metal Workers Pension Fund in HI (464 participants, $280M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410944601.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.