Profit Sharing · DOL Form 5500 · 2023

The Cleveland Clinic Foundation Profit Sharing Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
48,582
Participants Very large workforce
99th
Percentile by assets National rank
$30,066
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cleveland Clinic Investment Pension Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance

$1.5B in assets, 48,582 participants

The Cleveland Clinic Foundation's Cleveland Clinic Investment Pension Plan reported $1.5B in total assets and 48,582 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.

  • #17,548 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

Cleveland Clinic Investment Pension Plan covers 48,582 participants in Ohio, 64x the typical Ohio plan (state average ~765 per filing). Assets: $1.5B.

#17,548
in Healthcare & Social Assistance (17,684 peers)
+22.9%
assets growth YoY
15×
vs typical plan assets (national mean)

Cleveland Clinic Investment Pension Plan's outsized position by total assets

Cleveland Clinic Investment Pension Plan vs every filed plan by assets

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

$1,460,661,842 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

Cleveland Clinic Investment Pension Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cleveland Clinic Investment Pension Plan is a mega filing (48,582 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cleveland Clinic Investment Pension Plan reported net income rose from -$193M in the plan year 2022 filing to $272M in the plan year 2023 filing.
  • Cleveland Clinic Investment Pension Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Cleveland Clinic Investment Pension Plan reported participants rose from 46,417 in the plan year 2022 filing to 48,582 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 340714585 · The Cleveland Clinic Foundation PY 2023 · Profit Sharing

Cleveland Clinic Investment Pension Plan · $1.5B · 48,582 · 99th

  • EBSA $1.5B
  • EBSA 48,582
  • EBSA 99th
  • EBSA Profit Sharing
  • EBSA near Operating Engineers Local 825 Profit Sharing Fund
  • EBSA ind #17548

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 →

Cleveland Clinic Investment Pension Plan in the asset neighbourhood

Cleveland Clinic Investment Pension PlanCleveland Clinic Investment …$1.5BOperating Engineers Local 825 Profit Sharing FundOperating Engineers Local 82…$1.4BHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanHeavy & General Laborers' Lo…$1.4BMemorialcare Retirement Plan$1.3BH-E-B Partner Stock Plan$1.3B
End-of-year total assets ($B) among Cleveland Clinic Investment Pension Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.5B
Net Income$272M
Employer EIN340714585
Plan Effective Date2010-01-01
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 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 Scatter plot of 6 data points. -200000200004000060000 00.511.52 Total assets ($B) Participants Cleveland Clinic Investment Pension Plan, Total assets ($B): 1.460661842 · Participants: 48582Cleveland Clinic Investment Pension PlanMasterbrand, Inc. Retirement Savings Plan, Total assets ($B): 0.484719729 · Participants: 7345Masterbrand, Inc. Retirement Savings PlanThe Employer Retirement Savings Plan- Premier Health Partners, Total assets ($B): 0.227674027 · Participants: 11923The Employer Retirement Savings Plan- Premier Health PartnersThree Rivers Annuity Fund, Total assets ($B): 0.199164348 · Participants: 1460Three Rivers Annuity FundHolzer Health System 401a Profit Sharing Plan, Total assets ($B): 0.175394151 · Participants: 1779Holzer Health System 401a Profit Sharing PlanWhite Castle Profit Sharing Plan, Total assets ($B): 0.174108891 · Participants: 4284White Castle Profit Sharing Plan
Cleveland Clinic Investment Pension Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
Compare Cleveland Clinic Investment Pension Plan side-by-side with 3 peers →

Scale composition for Cleveland Clinic Investment Pension Plan

Cleveland Clinic Investment Pension Plan reports $1.5B in end-of-year assets across 48,582 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.052% of 93,925,755 covered participants) - about $30,066 per participant (22% of the national average assets-per-participant) . Net income for plan year 2023 was $272M.

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 Open filing
2023 48,582 $1.5B This page
2024 · index core 51,751 $1.8B Open filing

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

Cleveland Clinic Investment Pension Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is Operating Engineers Local 825 Profit Sharing Fund in NJ ($1.4B); by covered participants it is Southwest Carpenters Annuity Fund in CA (52,075 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (48,582 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 Cleveland Clinic Investment Pension Plan assets move in 2023? ▼
Cleveland Clinic Investment Pension Plan grew sharply - up 22.9% during 2023, from $1.2B to $1.5B. Reported net income was $272M.
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 127,072 plans that reported assets for plan year 2023 (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 Operating Engineers Local 825 Profit Sharing Fund in NJ ($1.4B, 10,336 participants).
Which Profit Sharing plans cover a similar participant headcount to Cleveland Clinic Investment Pension Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Southwest Carpenters Annuity Fund in CA (52,075 participants, $708M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340714585.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.