Assets by plan
Share of aggregate retirement assets
52%top
Sponsor portfolioTH
MAYO CLINIC
EIN 41-6011702hospital & health careLatest filing 2024
Plans
4
Retirement
2
$24.62B assets
Welfare
2
$60.3M premiums
Participants
296,602
200 FIRST STREET SW - ROCHESTER, MN 55905507-538-1700mayoclinic.orgLinkedIn10001+ employeeshospital & health care
Retirement portfolio analytics
2 plans aggregated / $24.62B assets / 208,383 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
52%top
- FIDELITY INVESTMENTS INSTITUTIONAL52%
- (Not disclosed)48%
Participants by plan
Active + retired + deferred vested
- MAYO 403(B) (#002)114,636
- MAYO PENSION (#001)93,747
Benefits portfolio analytics
2 plans / $60.3M premiums / 93,704 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$49.2M
- Vision$6.0M
- Other$5.0M
- Long-term disability$361K
- Health$122K
Carrier market share
Premium dollars by Schedule A carrier
84%top
- PRUDENTIAL INSURANCE COMPANY OF AMERICA84%
- FIDELITY SECURITY LIFE INSURANCE COMPANY10%
- ARAG INSURANCE COMPANY6%
- HARTFORD LIFE AND ACCIDENT0%
- AETNA LIFE INSURANCE COMPANY0%
Broker market share
Schedule A broker compensation
63%top
- BROWN AND BROWN OF FLORIDA, INC.63%
- WILLIS TOWERS WATSON US LLC37%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
MAYO 403(B) PLAN
403b
Assets$12.80B
Participants114,636
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
MAYO PENSION PLAN
TraditionalDB
Assets$11.82B
Participants93,747
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#502
MAYO CLINIC HEALTH & WELFARE BENEFITS PLAN
Mixed - PRUDENTIAL INSURANCE COMPANY OF AMERICA
Premiums$60.3M
Covered lives93,704
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#524
MAYO CLINIC RETIREE HEALTH REIMBURSEMENT ARRANGEMENT
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | MAYO 403(B) PLAN | 403b | $12.80B | 114,636 | 2024 | |
| 001 | MAYO PENSION PLAN | TraditionalDB | $11.82B | 93,747 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 502 | MAYO CLINIC HEALTH & WELFARE BENEFITS PLAN | Mixed | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $60.3M | 93,704 | 2024 | |
| 524 | MAYO CLINIC RETIREE HEALTH REIMBURSEMENT ARRANGEMENT | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans