Other
2023 plan-year Other DOL Form 5500

Cleveland Institute of Music Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Cleveland Institute of Music ยท Ohio ยท Educational Services

What the 2023 filing shows

Cleveland Institute of Music Retirement Plan holds $40M for 130 participants - about $311,228 per participant, up 11.0% over the 2023 plan year.

$40M
total plan assets (2023 EOY)
130
covered participants
$311,228
avg assets per participant
+11.0%
assets growth YoY
Total Assets (2023)
$40M
Participants
130
State
Industry
Educational Services

What the Filing Says About Cleveland Institute of Music Retirement Plan

Cleveland Institute of Music Retirement Plan is a Other retirement plan sponsored by Cleveland Institute of Music, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $40M in total end-of-year assets and covers 130 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 340714600, and the plan has been effective since 1960-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $36M at the beginning of 2023 to $40M at year-end โ€” a gain of 11.0%. Net assets (after liabilities) closed the year at $40M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$36M
Total Assets (End of Year)$40M
Net Assets (End of Year)$40M
Net Income$4M
Plan TypeOther
Employer EIN340714600
Plan Effective Date1960-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland Institute of Music)

Year Plans Participants Total Assets
2022 1 120 $36M
2023 1 130 $40M

Nearby Other Plans in Ohio

Peer Other plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Cleveland Institute of Music Retirement Plan?
As of the 2023 Form 5500 filing, Cleveland Institute of Music Retirement Plan holds $40M in total assets with 130 participants. It is sponsored by Cleveland Institute of Music.
What type of plan is Cleveland Institute of Music Retirement Plan?
Cleveland Institute of Music Retirement Plan is a Other plan. It has been effective since 1960-09-01. The plan is filed with the U.S. Department of Labor under EIN 340714600.
Who sponsors the Cleveland Institute of Music Retirement Plan?
Cleveland Institute of Music Retirement Plan is sponsored by Cleveland Institute of Music, located in Ohio. The sponsor's EIN is 340714600 and the plan operates in the Educational Services industry.
How did Cleveland Institute of Music Retirement Plan perform in 2023?
Cleveland Institute of Music Retirement Plan grew by 11.0% during 2023, moving from $36M to $40M in total assets. Net income was $4M.
Where can I find official filings for Cleveland Institute of Music Retirement Plan?
Official Form 5500 filings for Cleveland Institute of Music Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 340714600 or plan name at efast.dol.gov.
How does Cleveland Institute of Music Retirement Plan compare to other plans?
You can compare Cleveland Institute of Music Retirement Plan against other Other plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 340714600.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.