Profit Sharing · DOL Form 5500 · 2023
The Cleveland Clinic Foundation Profit Sharing Plan
Data updated 2026-08-06
- $1.5B
- Total assets
- 48,582
- Participants
- 99th
- Percentile by assets
- $30,066
- Avg per participant
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.
- 99th percentile by assets (of 126,618 plans)
- #17,490 in Healthcare & Social Assistance (17,626 peers)
Coverage in Ohio
Cleveland Clinic Investment Pension Plan covers 48,582 participants in Ohio, 62x the typical Ohio plan (state average ~787 per filing). Assets: $1.5B.
- $1.5B
- total plan assets (2023 EOY)
- 48,582
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $30,066
- avg assets per participant
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.
Participants vs Ohio filers
In Ohio, the average filing covers about 787 participants across 4,840 plans. Cleveland Clinic Investment Pension Plan reports 48,582 participants - 62x that state average ($1.5B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $272M |
| Employer EIN | 340714585 |
| Plan Effective Date | 2010-01-01 |
| 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 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
- Masterbrand, Inc. Retirement Savings Plan $485M · 7,345
- The Employer Retirement Savings Plan- Premier Health Partners $228M · 11,923
- Three Rivers Annuity Fund $199M · 1,460
- Holzer Health System 401a Profit Sharing Plan $175M · 1,779
- White Castle Profit Sharing Plan $174M · 4,284
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 (0.013% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.054% of 89,805,449 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 Savings and Investment Plan (Other, $9.2B, 65,407 participants)
- Cleveland Clinic Investment Pension Plan (Profit Sharing, $1.8B, 51,751 participants)
- The Cleveland Clinic Foundation Cash Balance Plan (Money Purchase, $1.6B, 4,957 participants)
- The Cchs Retirement Plan (Defined Benefit (Pension), $1.0B, 12,592 participants)
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.
- Operating Engineers Local 825 Profit Sharing Fund (NJ) $1.4B · 10,336
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan (NJ) $1.4B · 8,602
- Memorialcare Retirement Plan (CA) $1.3B · 4,728
- H-E-B Partner Stock Plan (TX) $1.3B · 96,911
Frequently Asked Questions
How did Cleveland Clinic Investment Pension Plan assets move in 2023? ▼
How have The Cleveland Clinic Foundation plan assets changed over time? ▼
Where does Cleveland Clinic Investment Pension Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Cleveland Clinic Investment Pension Plan? ▼
Next read for Cleveland Clinic Investment Pension Plan
Filing takeaways
Ways to act on Cleveland Clinic Investment Pension Plan's numbers.
- By total assets, Cleveland Clinic Investment Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing 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