Mayo Clinic403(b)
MAYO 403(B) PLAN · ROCHESTER, MN · plan year 2025
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Mayo Clinic reported $9,074,450 in plan administrative expenses for 2025: 0.07% of average plan assets, above the peer median. Employer contributions averaged $1,955 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio fell from 0.069% to 0.065%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2nd-largest of 1,918 plans among Minnesota employers on file, and the 4th of 11,911 in health care & social assistance. In 2025, employees put in $4.18 for every $1.00 the employer contributed.
Mayo Clinic's 2025 employer contribution ran below the $5,084 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 416011702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.