401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$255M
Total assets Near avg plan size
2,867
Participants Above avg headcount
96th
Percentile by assets National rank
$88,942
Avg per participant Below avg balance/head
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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.

  • #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.

#16,985
in Healthcare & Social Assistance (17,684 peers)
+11.7%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Mercy Medical Center, Inc. Retirement Savings Plan's outsized position by total assets

Mercy Medical Center, Inc. Retirement Savings Plan vs every filed plan by assets

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

$254,995,941 Top 4% higher than 96% 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

Mercy Medical Center, Inc. Retirement Savings 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. Mercy Medical Center, Inc. Retirement Savings Plan lands in the large band (2,867 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Published 5500 schedule card

Filing strip 341893439 · Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. PY 2023 · 401(k)

Mercy Medical Center, Inc. Retirement Savings Plan · $255M · 2,867 · 96th

  • NET $255M
  • NET 2,867
  • NET 96th
  • NET 401(k)
  • NET near American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee
  • NET ind #16985

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 →

Mercy Medical Center, Inc. Retirement Savings Plan in the asset neighbourhood

Nmb (USA) Inc. Retirement Savings Plus PlanNmb (USA) Inc. Retirement Sa…$255MCarrix, Inc. 401(k) Plan for Non-Union EmployeesCarrix, Inc. 401(k) Plan for…$255MAmerican Lebanese Syrian Associated Charities, Inc. (Alsac) EmployeeAmerican Lebanese Syrian Ass…$255MMercy Medical Center, Inc. Retirement Savings PlanMercy Medical Center, Inc. R…$255MNextgen Healthcare, Inc. 401(k) PlanNextgen Healthcare, Inc. 401…$255M
End-of-year total assets ($M) among Mercy Medical Center, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$228M
Net Assets (End of Year)$255M
Net Income$27M
Employer EIN341893439
Plan Effective Date1999-06-12
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Cleveland Clinic Mercy Hospital Fka Mercy Medical Center Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$255M 11.72111954545482% vs 2022
2023 filing year
$220M$230M$240M$250M$260M 20222023 $228M $255M ▲ +11.7%
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 Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Mercy Medical Center, Inc. Retirement Savings Plan, Total assets ($B): 0.254995941 · Participants: 2867Mercy Medical Center, Inc. Retirement Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Mercy Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Mercy Medical Center, Inc. Retirement Savings Plan side-by-side with 3 peers →

Mercy Medical Center, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee in TN ($255M); by covered participants it is Wisconsin Pipe Trades 401(k) Plan in WI (2,867 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,867 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 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).
Which 401(k) plans cover a similar participant headcount to Mercy Medical Center, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wisconsin Pipe Trades 401(k) Plan in WI (2,867 participants, $174M 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 341893439.

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.