Mayo Holding Company 401(k) Plan: Login, Facts & Contact Information

Mayo Holding Company 401(k) Plan Facts

Plan name
MAYO RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAYO HOLDING COMPANY
Participants
5,665 (3,587 active employees)
Former employees with a balance
1,606
Plan assets
$762,151,946 at Dec 31, 2024
Average account balance
$155,637 across 4,897 accounts
Employer contributions
$44,321 in plan year 2024 (3% of all contributions)
Recordkeeper
Fidelity Inv Inst Op Co, Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 15, 1987
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.57 million went into the plan in contributions, $44,321 of it from the employer (3%).
  • $75.6 million was paid out to participants.
  • Investment and other income added $80.9 million.
  • Administrative expenses were $227,585, about $46 per account.

How the Mayo Holding Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20197,311$811.0 million$42,720$38.4 million
20207,365$868.4 million$131,909$51.3 million
20217,056$906.0 million$114,752$69.9 million
20226,545$710.7 million$14,707$62.8 million
20236,064$743.2 million$24,348$76.0 million
20245,665$762.2 million$44,321$75.6 million

Mayo Holding Company 401(k) Contact Information

Phone
507-284-0126
Mailing address
200 FIRST STREET SW, ROCHESTER MN 55905
Plan sponsor
MAYO HOLDING COMPANY
Employer identification number (EIN)
41-1578020
Plan number
003

Questions about the Mayo Holding Company 401(k)

Does Mayo Holding Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $44,321, 3% of all contributions.

Does the Mayo Holding Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mayo Holding Company 401(k) plan?

5,665 participants at the start of plan year 2024, 3,587 of them active employees, and 1,606 former employees who still had money in the plan.

What is the average 401(k) balance at Mayo Holding Company?

About $155,637 per account: $762.2 million in plan assets across 4,897 accounts with a balance at the end of plan year 2024.

Who manages the Mayo Holding Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INV INST OP CO, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mayo Holding Company. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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