401(k) · DOL Form 5500 · 2022

Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. 401(k) Plan

Data updated 2026-08-11

$228M
Total assets
2,825
Participants
96th
Percentile by assets
$80,794
Avg per participant
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Official DOL plan name: Mercy Medical Center, Inc. Retirement Savings Plan · Sponsored by Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. · Ohio · Healthcare & Social Assistance

$228M in assets, 2,825 participants

Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.'s Mercy Medical Center, Inc. Retirement Savings Plan reported $228M in total assets and 2,825 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,361 in Healthcare & Social Assistance (20,060 peers)

Coverage in Ohio

Mercy Medical Center, Inc. Retirement Savings Plan covers 2,825 participants in Ohio, 3.7x the typical Ohio plan (state average ~765 per filing). Assets: $228M.

$228M
total plan assets (2022 EOY)
2,825
covered participants
96th
percentile by assets (of 139,126 plans)
$80,794
avg assets per participant

The plan reported a net loss of $62M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Mercy Medical Center, Inc. Retirement Savings Plan sits by total assets

Mercy Medical Center, Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$228,243,274 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Mercy Medical Center, Inc. Retirement Savings Plan reports 2,825 participants - 3.7x that state average ($228M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$291M
Net Assets (End of Year)$228M
Net Income-$62M
Employer EIN341893439
Plan Effective Date1999-06-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.)

$220M$230M$240M$250M$260M 20222023 $228M $255M ▲ +11.7%
Total plan assets by year, all Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,825 $228M
2023 2 5,844 $255M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mercy Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Mercy Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Mercy Medical Center…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Mercy Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Mercy Medical Center, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Mercy Medical Center, Inc. Retirement Savings Plan assets move in 2022?
Mercy Medical Center, Inc. Retirement Savings Plan declined sharply - down 21.4% during 2022, from $291M to $228M. Reported net income was -$62M.
How have Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.'s sponsor-wide assets grew 11.7%, from $228M to $255M.
Where does Mercy Medical Center, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Mercy Medical Center, Inc. Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Mercy Medical Center, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Goodwin Procter LLP Partnership Profit Sharing Savings Plan II in MA ($228M, 985 participants).

Next read for Mercy Medical Center, Inc. Retirement Sa…

Filing takeaways

Ways to act on Mercy Medical Center, Inc. Retirement Savings Plan's numbers.