Money Purchase · DOL Form 5500 · 2023

The Cleveland Clinic Foundation Money Purchase Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
4,739
Participants Above avg headcount
99th
Percentile by assets National rank
$297,492
Avg per participant High balance/head
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Official DOL plan name: The Cleveland Clinic Foundation Cash Balance Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance

$1.4B in assets, 4,739 participants

The Cleveland Clinic Foundation's The Cleveland Clinic Foundation Cash Balance Plan reported $1.4B in total assets and 4,739 participants in its 2023 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.

  • #17,540 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

The Cleveland Clinic Foundation Cash Balance Plan covers 4,739 participants in Ohio, 6.2x the typical Ohio plan (state average ~765 per filing). Assets: $1.4B.

#17,540
in Healthcare & Social Assistance (17,684 peers)
+19.6%
assets growth YoY
14×
vs typical plan assets (national mean)

The Cleveland Clinic Foundation Cash Balance Plan's outsized position by total assets

The Cleveland Clinic Foundation Cash Balance Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,409,816,763 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

The Cleveland Clinic Foundation Cash Balance Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Cleveland Clinic Foundation Cash Balance Plan lands in the large band (4,739 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Cleveland Clinic Foundation Cash Balance Plan reported net income rose from -$215M in the plan year 2022 filing to $231M in the plan year 2023 filing.
  • The Cleveland Clinic Foundation Cash Balance Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • The Cleveland Clinic Foundation Cash Balance Plan reported participants rose from 4,506 in the plan year 2022 filing to 4,739 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340714585 · The Cleveland Clinic Foundation PY 2023 · Money Purchase

The Cleveland Clinic Foundation Cash Balance Plan · $1.4B · 4,739 · 99th

  • TYPE $1.4B
  • NET 4,739
  • BOOK 99th
  • VS-ST Money Purchase
  • BOY near Brookhaven Science Associates, LLC Retirement Plan
  • SCH ind #17540

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Ohio →

The Cleveland Clinic Foundation Cash Balance Plan in the asset neighbourhood

Central Midwest Regional Council of Carpenters Defined Contribution Pension PlanCentral Midwest Regional Cou…$1.4BThe Cleveland Clinic Foundation Cash Balance PlanThe Cleveland Clinic Foundat…$1.4BBrookhaven Science Associates, LLC Retirement PlanBrookhaven Science Associate…$1.4BLaborers Annuity Plan for Northern CaliforniaLaborers Annuity Plan for No…$1.4BEmployees Retirement Plan of Marshfield ClinicEmployees Retirement Plan of…$1.3B
End-of-year total assets ($B) among The Cleveland Clinic Foundation Cash Balance Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.4B
Net Income$231M
Employer EIN340714585
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cleveland Clinic Foundation)

Sponsor-wide plan assets over time

All The Cleveland Clinic Foundation plans reported in each filing year

Latest sponsor-wide plan assets
$14.6B 49.31863650318603% vs 2022
2024 filing year
$8B$10B$12B$14B$16B 202220232024 $9.79B $14.6B ▲ +49.3%
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 Scatter plot of 6 data points. -200000200004000060000 00.511.52 Total assets ($B) Participants The Cleveland Clinic Foundation Cash Balance Plan, Total assets ($B): 1.409816763 · Participants: 4739The Cleveland Clinic Foundation Cash Balance PlanThe Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan, Total assets ($B): 1.550030538 · Participants: 47282The Sherwin-Williams Company Salaried Employees' Revised Pension Investment PlanIron Workers District Council of So Oh & Vicinity Annuity Trust, Total assets ($B): 0.476163733 · Participants: 6936Iron Workers District Council of So Oh & Vicinity Annuity TrustBaker & Hostetler LLP Basic/Step-Rate Retirement Plan, Total assets ($B): 0.472603784 · Participants: 1004Baker & Hostetler LLP Basic/Step-Rate Retirement PlanUniversity of Dayton Defined Contribution Retirement Plan, Total assets ($B): 0.347565671 · Participants: 3080University of Dayton Defined Contribution Retirement PlanNorthwestern Ohio Plumbers and Pipefitters Retirement and Trust, Total assets ($B): 0.342546624 · Participants: 2443Northwestern Ohio Plumbers and Pipefitters Retirement and Trust
The Cleveland Clinic Foundation Cash Balance Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants

The Cleveland Clinic Foundation Cash Balance Plan's out-of-state Money Purchase peers by assets and headcount

Outside Ohio, the nearest Money Purchase by assets is Brookhaven Science Associates, LLC Retirement Plan in NY ($1.4B); by covered participants it is Ufcw Local 2013 Annuity Fund in NY (4,734 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,739 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Cleveland Clinic Foundation Cash Balance Plan assets move in 2023?
The Cleveland Clinic Foundation Cash Balance Plan grew sharply - up 19.6% during 2023, from $1.2B to $1.4B. Reported net income was $231M.
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 The Cleveland Clinic Foundation Cash Balance Plan rank by assets among Form 5500 filers?
The Cleveland Clinic Foundation Cash Balance Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to The Cleveland Clinic Foundation Cash Balance Plan?
Among Money Purchase plans in other states, the closest by assets is Brookhaven Science Associates, LLC Retirement Plan in NY ($1.4B, 2,473 participants).
Which Money Purchase plans cover a similar participant headcount to The Cleveland Clinic Foundation Cash Balance Plan?
Among Money Purchase plans in other states, the closest by covered participants is Ufcw Local 2013 Annuity Fund in NY (4,734 participants, $31M in assets).