401(k) · DOL Form 5500 · 2024

Mayo Holding Company 401(k) Plan

Data updated 2026-08-25

$762M
Total assets Above avg plan size
3,813
Participants Above avg headcount
98th
Percentile by assets National rank
$199,882
Avg per participant Above avg balance/head
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Official DOL plan name: Mayo Retirement Savings Plan · Sponsored by Mayo Holding Company · Minnesota · Healthcare & Social Assistance

$762M in assets, 3,813 participants

Mayo Holding Company's Mayo Retirement Savings Plan reported $762M in total assets and 3,813 participants in its 2024 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.

  • #16,591 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Mayo Retirement Savings Plan covers 3,813 participants in Minnesota, 3.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $762M.

#16,591
in Healthcare & Social Assistance (16,916 peers)
+2.5%
assets growth YoY
7.6×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$762,151,946 Top 2% higher than 98% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayo Retirement Savings Plan lands in the large band (3,813 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mayo Retirement Savings Plan reported net income fell from $33M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Mayo Retirement Savings Plan reported participants fell from 4,149 in the plan year 2023 filing to 3,813 in the plan year 2024 filing.
  • Mayo Retirement Savings Plan end-of-year assets rose from $743M in the plan year 2023 filing to $762M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411578020 · Mayo Holding Company PY 2024 · 401(k)

Mayo Retirement Savings Plan · $762M · 3,813 · 98th

  • EIN $762M
  • RANK 3,813
  • PHOTO 98th
  • IND 401(k)
  • EOY near Caes 401(k) Plan
  • 5500 ind #16591

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

Aaa Ncnu 401(k) Plan$763MCaes 401(k) Plan$762MMayo Retirement Savings Plan$762MAlaska Airlines, Inc. Alaskasaver PlanAlaska Airlines, Inc. Alaska…$762MUmpqua Bank 401(k) and Profit Sharing PlanUmpqua Bank 401(k) and Profi…$761M
End-of-year total assets ($M) among Mayo Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$743M
Net Assets (End of Year)$762M
Net Income$7M
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 -20020406080 Total assets ($B) Participants Mayo Retirement Savings Plan, Total assets ($B): 0.762151946 · Participants: 3813Mayo Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.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 Caes 401(k) Plan in DE ($762M); by covered participants it is Montage Hotels & Resorts 401(k) Plan in CA (3,814 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($762M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,813 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Mayo Retirement Savings Plan edged up modestly - up 2.5% during 2024, from $743M to $762M. Reported net income was $7M.
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 123,622 plans that reported assets for plan year 2024 (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 Caes 401(k) Plan in DE ($762M, 3,458 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 Montage Hotels & Resorts 401(k) Plan in CA (3,814 participants, $113M in assets).