Money Purchase · DOL Form 5500 · 2022
The Cleveland Clinic Foundation Money Purchase Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 4,506
- Participants
- 99th
- Percentile by assets
- $261,584
- Avg per participant
Official DOL plan name: The Cleveland Clinic Foundation Cash Balance Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance
$1.2B in assets, 4,506 participants
The Cleveland Clinic Foundation's The Cleveland Clinic Foundation Cash Balance Plan reported $1.2B in total assets and 4,506 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 139,258 plans)
- #19,942 in Healthcare & Social Assistance (20,087 peers)
Coverage in Ohio
The Cleveland Clinic Foundation Cash Balance Plan covers 4,506 participants in Ohio, 5.7x the typical Ohio plan (state average ~787 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2022 EOY)
- 4,506
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $261,584
- avg assets per participant
The plan reported a net loss of $215M 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 787 participants across 4,840 plans. The Cleveland Clinic Foundation Cash Balance Plan reports 4,506 participants - 5.7x 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 | -$215M |
| Employer EIN | 340714585 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Cleveland Clinic Foundation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 116,994 | $9.8B |
| 2023 | 4 | 121,414 | $11.5B |
| 2024 | 5 | 134,707 | $14.6B |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
The Cleveland Clinic Foundation Cash Balance Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.3B · 44,824
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $441M · 6,972
- Baker & Hostetler LLP Basic/Step-Rate Retirement Plan $415M · 1,076
- University of Dayton Defined Contribution Retirement Plan $303M · 2,818
- Northwest Ohio Carpenters, Millwrights and Pile Drivers Supplemental Pension Plan $296M · 2,517
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to The Cleveland Clinic Foundation Cash Balance Plan by total assets, not by location.
- The George Washington University Retirement Plan for Faculty and Staff (VA) $1.2B · 4,007
- Brookhaven Science Associates, LLC Retirement Plan (NY) $1.3B · 2,436
- Southern California IBEW-NECA Defined Contribution Plan (CA) $1.1B · 25,395
- Iron Workers Locals 40,361, & 417 Annuity Fund (NY) $1.1B · 5,068
Frequently Asked Questions
How did The Cleveland Clinic Foundation Cash Balance Plan assets move in 2022? ▼
How have The Cleveland Clinic Foundation plan assets changed over time? ▼
Where does The Cleveland Clinic Foundation Cash Balance Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to The Cleveland Clinic Foundation Cash Balance Plan? ▼
Next read for The Cleveland Clinic Foundation Cash Bal…
Filing takeaways
Ways to act on The Cleveland Clinic Foundation Cash Balance Plan's numbers.
- By total assets, The Cleveland Clinic Foundation Cash Balance Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Ohio. Compare plans
- The Cleveland Clinic Foundation's sponsor-wide assets have grown 49.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans