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
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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

$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

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 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.

See the national 2023→2024 release diff →

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

B.a.C. Local 1 - De/PA Pension TrustB.a.C. Local 1 - De/PA Pensi…$44MThe Seeing Eye, Inc. Pension PlanThe Seeing Eye, Inc. Pension…$44MThe Kroger Co. Pension Plan for Employees Rep. by Amalgamated Meat Cutters and Butcher Workmen of North America, AFL-CIO, Local No. 876The Kroger Co. Pension Plan …$44MMayo Clinic Methodist Hospital Hourly Employees' Pension PlanMayo Clinic Methodist Hospit…$44MStaff Employees Pension Plan of the Cpf of the Iuoe & Part. Empl.Staff Employees Pension Plan…$44M
End-of-year total assets ($M) among Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$44M
Net Income$2M
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): 0.044253572 · Participants: 476Mayo Clinic Methodist Hospital Hourly Employees' Pension PlanMayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retirement Income PlanWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Company Cash Balance PlanU.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pension Plan
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

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.

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 Clinic Methodist Hospital Hourly Employees' Pension Plan assets move in 2024?
Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan edged up modestly - up 3.8% during 2024, from $43M to $44M. Reported net income was $2M.
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 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 The Seeing Eye, Inc. Pension Plan in NJ ($44M, 137 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 Leidos Biomedical Research, Inc. Retirement Plan in MD (476 participants, $235M in assets).