Defined Benefit (Pension) · DOL Form 5500 · 2023

Mayo Clinic Hospital - Rochester Pension Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
452
Participants Below avg headcount
84th
Percentile by assets National rank
$94,281
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

$43M in assets, 452 participants

Mayo Clinic Hospital - Rochester's Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported $43M in total assets and 452 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,244 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan covers 452 participants in Minnesota, about 40% of the average Minnesota filer (state average ~1,126 per filing). Assets: $43M.

#15,244
in Healthcare & Social Assistance (17,684 peers)
+6.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$42,615,156 Top 16% higher than 84% of 127,068 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 2023

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan among mid-size filed plans by headcount

Plan-year 2023 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 (452 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported net income rose from -$8M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan end-of-year assets rose from $40M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported participants fell from 464 in the plan year 2022 filing to 452 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410944601 · Mayo Clinic Hospital - Rochester PY 2023 · Defined Benefit (Pension)

Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan · $43M · 452 · 84th

  • PCT $43M
  • PCT 452
  • PCT 84th
  • PCT Defined Benefit (Pension)
  • PCT near Cement Masons Pension Fund of Local No. 165
  • PCT ind #15244

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

Arkansas Federal Credit Union Cash Balance Defined Benefit Plan and TrustArkansas Federal Credit Unio…$43MHrl Pension Plan for Non-Bargained EmployeesHrl Pension Plan for Non-Bar…$43MMayo Clinic Methodist Hospital Hourly Employees' Pension PlanMayo Clinic Methodist Hospit…$43MCement Masons Pension Fund of Local No. 165Cement Masons Pension Fund o…$43MPublic Health Solutions Retirement PlanPublic Health Solutions Reti…$42M
End-of-year total assets ($M) among Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$43M
Net Income$5M
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): 0.042615156 · Participants: 452Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank 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 Cement Masons Pension Fund of Local No. 165 in MI ($43M); by covered participants it is Emory Healthcare, Inc. Retirement Plan in GA (452 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (452 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan grew at a solid clip - up 6.8% during 2023, from $40M to $43M. Reported net income was $5M.
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 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Cement Masons Pension Fund of Local No. 165 in MI ($43M, 105 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 Emory Healthcare, Inc. Retirement Plan in GA (452 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.