Profit Sharing · DOL Form 5500 · 2022

The Cleveland Clinic Foundation Profit Sharing Plan

Data updated 2026-08-11

$1.2B
Total assets
46,417
Participants
99th
Percentile by assets
$25,610
Avg per participant
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Official DOL plan name: Cleveland Clinic Investment Pension Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance

$1.2B in assets, 46,417 participants

The Cleveland Clinic Foundation's Cleveland Clinic Investment Pension Plan reported $1.2B in total assets and 46,417 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #19,916 in Healthcare & Social Assistance (20,060 peers)

Coverage in Ohio

Cleveland Clinic Investment Pension Plan covers 46,417 participants in Ohio, 61x the typical Ohio plan (state average ~765 per filing). Assets: $1.2B.

$1.2B
total plan assets (2022 EOY)
46,417
covered participants
99th
percentile by assets (of 139,126 plans)
$25,610
avg assets per participant

The plan reported a net loss of $193M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Cleveland Clinic Investment Pension Plan reports 46,417 participants - 61x that state average ($1.2B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.2B
Net Income-$193M
Employer EIN340714585
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cleveland Clinic Foundation)

$8B$10B$12B$14B$16B 202220232024 $9.79B $14.6B ▲ +49.3%
Total plan assets by year, all The Cleveland Clinic Foundation plans on file
Year Plans Participants Total Assets
2022 4 116,994 $9.8B
2023 4 121,414 $11.5B
2024 5 134,707 $14.6B

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Cleveland Clinic Investment Pension Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Cleveland Clinic Investment Pension Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 00.511.5 Total assets ($B) Participants Cleveland Clinic Inv…The Employer Retirem…White Castle Profit …Holzer Health System…Southern Ohio Medica…Osu Physicians, Inc.…
Cleveland Clinic Investment Pension Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Scale composition for Cleveland Clinic Investment Pension Plan

Cleveland Clinic Investment Pension Plan reports $1.2B in end-of-year assets across 46,417 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.049% of 93,925,755 covered participants) - about $25,610 per participant (19% of the national average assets-per-participant) . Net income for plan year 2022 was -$193M.

This plan identity (EIN 340714585, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.8B (+49.0%) while covered participants moved from 46,417 to 51,751 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 46,417 $1.2B This page
2023 48,582 $1.5B Open filing
2024 · index core 51,751 $1.8B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Cleveland Clinic Investment Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Cleveland Clinic Investment Pension Plan assets move in 2022?
Cleveland Clinic Investment Pension Plan pulled back noticeably - down 13.9% during 2022, from $1.4B to $1.2B. Reported net income was -$193M.
How have The Cleveland Clinic Foundation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Cleveland Clinic Foundation's sponsor-wide assets grew 49.3%, from $9.8B to $14.6B.
Where does Cleveland Clinic Investment Pension Plan rank by assets among Form 5500 filers?
Cleveland Clinic Investment Pension Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Cleveland Clinic Investment Pension Plan?
Among Profit Sharing plans in other states, the closest by assets is The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund in WI ($1.2B, 5,909 participants).

Next read for Cleveland Clinic Investment Pension Plan

Filing takeaways

Ways to act on Cleveland Clinic Investment Pension Plan's numbers.