401(k) · DOL Form 5500 · 2023

Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. 401(k) Plan

Data updated 2026-08-11

$255M
Total assets: 2,867
Participants: 96th
Percentile by assets: $88,942
Avg per participant

Official DOL plan name: Mercy Medical Center, Inc. Retirement Savings Plan · Sponsored by Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. · Ohio · Healthcare & Social Assistance

$255M in assets, 2,867 participants

Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.'s Mercy Medical Center, Inc. Retirement Savings Plan reported $255M in total assets and 2,867 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#16,985 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

Mercy Medical Center, Inc. Retirement Savings Plan covers 2,867 participants in Ohio, 3.7x the typical Ohio plan (state average ~765 per filing). Assets: $255M.

$255M
total plan assets (2023 EOY): 2,867
covered participants: 96th
percentile by assets (of 127,072 plans): $88,942
avg assets per participant

Mercy Medical Center, Inc. Retirement Savings Plan reported net income rose from -$62M in the plan year 2022 filing to $27M in the plan year 2023 filing.
Mercy Medical Center, Inc. Retirement Savings Plan end-of-year assets rose from $228M in the plan year 2022 filing to $255M in the plan year 2023 filing.
Mercy Medical Center, Inc. Retirement Savings Plan reported participants rose from 2,825 in the plan year 2022 filing to 2,867 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Healthcare & Social Assistance

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Mercy Medical Center, Inc. Retirement Savings Plan reports 2,867 participants - 3.7x that state average ($255M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$228M
Net Assets (End of Year)	$255M
Net Income	$27M
Employer EIN	341893439
Plan Effective Date	1999-06-12
Filing Status	FILING RECEIVED

Sponsor Plan History (Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.)

Total plan assets by year, all Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	2,825	$228M
2023	2	5,844	$255M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mercy Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

GE Retirement Savings Plan $19.5B · 59,766
The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
The Progressive 401(k) Plan $9.2B · 56,176
The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
Nationwide Savings Plan $7.6B · 24,715

Compare Mercy Medical Center, Inc. Retirement Sa… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Mercy Medical Center, Inc. Retirement Savings Plan by total assets, not by location.

American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee (TN) $255M · 1,653
Nextgen Healthcare, Inc. 401(k) Plan (CA) $255M · 1,974
Carrix, Inc. 401(k) Plan for Non-Union Employees (WA) $255M · 1,498
Nmb (USA) Inc. Retirement Savings Plus Plan (NH) $255M · 1,229

Frequently Asked Questions

How did Mercy Medical Center, Inc. Retirement Savings Plan assets move in 2023? ▼

Mercy Medical Center, Inc. Retirement Savings Plan grew at a solid clip - up 11.7% during 2023, from $228M to $255M. Reported net income was $27M.

How have Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.'s sponsor-wide assets grew 11.7%, from $228M to $255M.

Where does Mercy Medical Center, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Mercy Medical Center, Inc. Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Mercy Medical Center, Inc. Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee in TN ($255M, 1,653 participants).

Next read for Mercy Medical Center, Inc. Retirement Sa…

Filing takeaways

Ways to act on Mercy Medical Center, Inc. Retirement Savings Plan's numbers.

By total assets, Mercy Medical Center, Inc. Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc.'s sponsor-wide assets have grown 11.7% since 2022 across 2 plan years on file. More Healthcare & Social Assistance plans

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 341893439.