Mayo Holding 401(k) match, vesting and fees
What Mayo Holding's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Inv Inst Op Co, LLC | Schedule C ↗ |
| Independent auditor | Ernst & Young (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,281 defined-contribution plans in health care and social assistance with 1,000 to 4,999 participants.
| Mayo Holding: employer contribution per participant | $9 | |
| Peer median | $1,358 |
| Mayo Holding: average balance | $155,637 | |
| Peer median | $44,442 |
| Mayo Holding: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.21% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $743M at the end of plan year 2023 to $762M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,368 | $762M | $44K | $9 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 5,665 | $743M | $24K | $5 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Mayo Holding match 401(k) contributions?
The match terms for the Mayo Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $44K in employer contributions, about $9 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mayo Holding 401(k) match vested?
The vesting schedule for the Mayo Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mayo Holding 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Inv Inst Op Co, LLC. The plan administrator is Mayo Holding Company.
I left Mayo Holding. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mayo Holding Company, (507) 284-0126) or the recordkeeper, Fidelity Inv Inst Op Co, LLC. The Mayo Holding old 401(k) page lists the contacts from every plan filing. Find an old Mayo Holding 401(k)
Data from the public Form 5500 annual reports Mayo Holding filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mayo Holding. Not financial advice. Report a correction · Methodology