Defined Benefit (Pension) · DOL Form 5500 · 2024
Mayo Clinic Hospital - Rochester Pension Plan
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 476
- Participants Below avg headcount
- 83rd
- Percentile by assets National rank
- $92,970
- Avg per participant Below avg balance/head
Official DOL plan name: Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan · Sponsored by Mayo Clinic Hospital - Rochester · Minnesota · Healthcare & Social Assistance
$44M in assets, 476 participants
Mayo Clinic Hospital - Rochester's Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported $44M in total assets and 476 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #14,410 in Healthcare & Social Assistance (16,916 peers)
Coverage in Minnesota
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan covers 476 participants in Minnesota, about 42% of the average Minnesota filer (state average ~1,126 per filing). Assets: $44M.
- #14,410
- in Healthcare & Social Assistance (16,916 peers)
- +3.8%
- 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 2024 · DOL Form 5500
$44,253,572 Top 17% higher than 83% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan among mid-size filed plans by headcount
Plan-year 2024 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 (476 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan reported participants rose from 452 in the plan year 2023 filing to 476 in the plan year 2024 filing.
- Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan end-of-year assets rose from $43M in the plan year 2023 filing to $44M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 410944601 · Mayo Clinic Hospital - Rochester PY 2024 · Defined Benefit (Pension)
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan · $44M · 476 · 83rd
- EOY $44M
- 5500 476
- ASSETS 83rd
- PCT Defined Benefit (Pension)
- EIN near The Seeing Eye, Inc. Pension Plan
- RANK ind #14410
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
Minnesota filing particulars
| Total Assets (Beginning of Year) | $43M |
|---|---|
| Net Assets (End of Year) | $44M |
| Net Income | $2M |
| Employer EIN | 410944601 |
| Plan Effective Date | 1972-02-01 |
| Filing Status | FILING 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
| 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 Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
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 The Seeing Eye, Inc. Pension Plan in NJ ($44M); by covered participants it is Leidos Biomedical Research, Inc. Retirement Plan in MD (476 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
- The Seeing Eye, Inc. Pension Plan (NJ) $44M · 137
- The Kroger Co. Pension Plan for Employees Rep. by Amalgamated Meat Cutters and Butcher Workmen of North America, AFL-CIO, Local No. 876 (OH) $44M · 648
- Staff Employees Pension Plan of the Cpf of the Iuoe & Part. Empl. (DC) $44M · 74
- B.a.C. Local 1 - De/PA Pension Trust (PA) $44M · 475
Similar participant headcount
Nearest other-state filings by covered participants (476 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.