Defined Benefit (Pension) · DOL Form 5500 · 2023
The Cleveland Clinic Foundation Pension Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- 13,403
- Participants
- 99th
- Percentile by assets
- $82,054
- Avg per participant
Official DOL plan name: The Cchs Retirement Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance
$1.1B in assets, 13,403 participants
The Cleveland Clinic Foundation's The Cchs Retirement Plan reported $1.1B in total assets and 13,403 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 127,072 plans)
- #17,494 in Healthcare & Social Assistance (17,684 peers)
Coverage in Ohio
The Cchs Retirement Plan covers 13,403 participants in Ohio, 18x the typical Ohio plan (state average ~765 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2023 EOY)
- 13,403
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $82,054
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Cchs Retirement Plan reported net income rose from -$343M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
- The Cchs Retirement Plan reported participants fell from 14,345 in the plan year 2022 filing to 13,403 in the plan year 2023 filing.
- The Cchs Retirement Plan end-of-year assets fell from $1.1B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The Cchs Retirement Plan reports 13,403 participants - 18x that state average ($1.1B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$4M |
| Employer EIN | 340714585 |
| Plan Effective Date | 1941-01-01 |
| 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 Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Cchs Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
Scale composition for The Cchs Retirement Plan
The Cchs Retirement Plan reports $1.1B in end-of-year assets across 13,403 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $82,054 per participant (59% of the national average assets-per-participant) . Net income for plan year 2023 was -$4M.
This plan identity (EIN 340714585, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.0B (-5.4%) while covered participants moved from 14,345 to 12,592 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,345 | $1.1B | Open filing |
| 2023 | 13,403 | $1.1B | This page |
| 2024 · index core | 12,592 | $1.0B | 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 Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Cchs Retirement Plan by total assets, not by location.
- Construction Laborers Pension Trust of Greater St. (MO) $1.1B · 3,491
- Operating Engineers Local No. 825 Pension Fund (NJ) $1.1B · 5,237
- Lg&e and Ku Pension Plan (KY) $1.1B · 833
- Lockheed Martin Corporation Pension Plan for Specified Retirees (MD) $1.1B · N/A
Frequently Asked Questions
How did The Cchs Retirement Plan assets move in 2023? ▼
How have The Cleveland Clinic Foundation plan assets changed over time? ▼
Where does The Cchs Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Cchs Retirement Plan? ▼
Next read for The Cchs Retirement Plan
Filing takeaways
Ways to act on The Cchs Retirement Plan's numbers.
- By total assets, The Cchs Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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