Defined Benefit (Pension) · DOL Form 5500 · 2023

The Cleveland Clinic Foundation Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
13,403
Participants Very large workforce
99th
Percentile by assets National rank
$82,054
Avg per participant Below avg balance/head
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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.

  • #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.

#17,494
in Healthcare & Social Assistance (17,684 peers)
-0.4%
assets change YoY
11×
vs typical plan assets (national mean)

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.

The Cchs Retirement Plan's outsized position by total assets

The Cchs Retirement Plan vs every filed plan by assets

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

$1,099,773,913 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

The Cchs Retirement 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. The Cchs Retirement Plan is a mega filing (13,403 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340714585 · The Cleveland Clinic Foundation PY 2023 · Defined Benefit (Pension)

The Cchs Retirement Plan · $1.1B · 13,403 · 99th

  • NET $1.1B
  • NET 13,403
  • NET 99th
  • NET Defined Benefit (Pension)
  • NET near Construction Laborers Pension Trust of Greater St.
  • NET ind #17494

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 →

The Cchs Retirement Plan in the asset neighbourhood

Operating Engineers Local No. 825 Pension FundOperating Engineers Local No…$1.1BLg&e and Ku Pension Plan$1.1BThe Cchs Retirement Plan$1.1BConstruction Laborers Pension Trust of Greater St.Construction Laborers Pensio…$1.1BLockheed Martin Corporation Pension Plan for Specified RetireesLockheed Martin Corporation …$1.1B
End-of-year total assets ($B) among The Cchs Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income-$4M
Employer EIN340714585
Plan Effective Date1941-01-01
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 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 Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants The Cchs Retirement Plan, Total assets ($B): 1.099773913 · Participants: 13403The Cchs Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
The Cchs Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Cchs Retirement Plan side-by-side with 3 peers →

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:

The Cchs Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Construction Laborers Pension Trust of Greater St. in MO ($1.1B); by covered participants it is Sharpsaver Retirement Plan in CA (13,460 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13,403 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 The Cchs Retirement Plan assets move in 2023? ▼
The Cchs Retirement Plan held essentially flat - down 0.4% during 2023, from $1.1B to $1.1B. Reported net income was -$4M.
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 The Cchs Retirement Plan rank by assets among Form 5500 filers? ▼
The Cchs Retirement 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 Defined Benefit (Pension) plans are similar in size to The Cchs Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Construction Laborers Pension Trust of Greater St. in MO ($1.1B, 3,491 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Cchs Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sharpsaver Retirement Plan in CA (13,460 participants, $679M 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.