401(k) · DOL Form 5500 · 2022

Mayo Clinic 401(k) Plan

Data updated 2026-08-25

$399K
Total assets Small plan by assets
6
Participants Small participant base
16th
Percentile by assets National rank
$66,456
Avg per participant Below avg balance/head
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Official DOL plan name: Destination Medical Center Economic Development Agency 401(k) Plan · Sponsored by Mayo Clinic · Minnesota · Administrative & Support Services

$399K in assets, 6 participants

Mayo Clinic's Destination Medical Center Economic Development Agency 401(k) Plan reported $399K in total assets and 6 participants in its 2022 DOL Form 5500 filing, ranking in the 16th 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.

  • #1,689 in Administrative & Support Services (4,927 peers)

Mayo Clinic multi-year trail

Mayo Clinic's plans moved +99.5% in assets from 2022 to 2024; this filing shows Destination Medical Center Economic Development Agency 401(k) Plan at $399K / 6 participants.

#1,689
in Administrative & Support Services (4,927 peers)
+6.4%
assets growth YoY

Destination Medical Center Economic Development Agency 401(k) Plan among the smaller filed plans by assets

Destination Medical Center Economic Development Agency 401(k) Plan vs every filed plan by assets

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

$398,738 16th percentile higher than 16% 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

Destination Medical Center Economic Development Agency 401(k) Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Destination Medical Center Economic Development Agency 401(k) Plan is a micro filing (6 participants), the leftmost band.

DOL schedule card

Filing strip 464893585 · Mayo Clinic PY 2022 · 401(k)

Destination Medical Center Economic Development Agency 401(k) Plan · $399K · 6 · 16th

  • SCH $399K
  • EBSA 6
  • PART 16th
  • TYPE 401(k)
  • NET near Tlj Holdings Group LLC 401(k) Profit Sharing Plan & Trust
  • BOOK ind #1689

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 Administrative & Support Services retirement plans → · Plans in Minnesota →

Destination Medical Center Economic Development Agency 401(k) Plan in the asset neighbourhood

Destination Medical Center Economic Development Agency 401(k) PlanDestination Medical Center E…$399KTlj Holdings Group LLC 401(k) Profit Sharing Plan & TrustTlj Holdings Group LLC 401(k…$399KTrusted Insurance Advisor Services Retirement PlanTrusted Insurance Advisor Se…$399KHome Mortgage Alliance Corporation (Hmac) 401(k) PlanHome Mortgage Alliance Corpo…$399KMiracle Restaurant Group 401(k) PlanMiracle Restaurant Group 401…$399K
End-of-year total assets ($M) among Destination Medical Center Economic Development Agency 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Mayo Clinic multi-year asset trail

Sponsor-wide plan assets over time

All Mayo Clinic plans reported in each filing year

Latest sponsor-wide plan assets
$796K 99.54957892149733% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.4M $0.8M ▲ +100.0%
Year Plans Participants Total Assets
2022 1 6 $399K
2023 1 8 $506K
2024 1 9 $796K

Mayo Clinic filing trail (2022)

Total Assets (Beginning of Year)$375K
Net Assets (End of Year)$399K
Net Income$24K
Employer EIN464893585
Plan Effective Date2015-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Destination Medical Center Economic Development Agency 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Destination Medical Center Economic Development Agency 401(k) Plan, Total assets ($B): 0.000398738 · Participants: 6Destination Medical Center Economic Development Agency 401(k) 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
Destination Medical Center Economic Development Agency 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Destination Medical Center Economic Development Agency 401(k) Plan side-by-side with 3 peers →

Destination Medical Center Economic Development Agency 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Tlj Holdings Group LLC 401(k) Profit Sharing Plan & Trust in FL ($399K); by covered participants it is Firetower Farms, Inc. 401(k) Profit Sharing Plan in TX (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Destination Medical Center Economic Development Agency 401(k) Plan assets move in 2022? ▼
Destination Medical Center Economic Development Agency 401(k) Plan grew at a solid clip - up 6.4% during 2022, from $375K to $399K. Reported net income was $24K.
How have Mayo Clinic plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mayo Clinic's sponsor-wide assets grew 99.5%, from $399K to $796K.
Where does Destination Medical Center Economic Development Agency 401(k) Plan rank by assets among Form 5500 filers? ▼
Destination Medical Center Economic Development Agency 401(k) Plan ranks in the 16th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Destination Medical Center Economic Development Agency 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tlj Holdings Group LLC 401(k) Profit Sharing Plan & Trust in FL ($399K, 6 participants).
Which 401(k) plans cover a similar participant headcount to Destination Medical Center Economic Development Agency 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Firetower Farms, Inc. 401(k) Profit Sharing Plan in TX (6 participants, $302K 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 464893585.

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.