Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan

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

Sponsored by Cleveland Institute of Art Β· Ohio Β· Educational Services

What the 2023 filing shows

Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan holds $29M for 99 participants - about $295,582 per participant, up 0.9% over the 2024 plan year.

$29M
total plan assets (2024 EOY)
99
covered participants
$295,582
avg assets per participant
+0.9%
assets growth YoY
Total Assets (2023)
$29M
Participants
99
State
Industry
Educational Services

What the Filing Says About Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan

Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan is a Profit Sharing retirement plan sponsored by Cleveland Institute of Art, headquartered in Ohio. As of the 2024 Form 5500 filing, the plan reports $29M in total end-of-year assets and covers 99 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 340714334, and the plan has been effective since 1959-10-24. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2024 to $29M at year-end β€” a gain of 0.9%. Net assets (after liabilities) closed the year at $29M, with reported net income of $270K 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 2 prior plan-year filings 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 β€” 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)$29M
Total Assets (End of Year)$29M
Net Assets (End of Year)$29M
Net Income$270K
Plan TypeProfit Sharing
Employer EIN340714334
Plan Effective Date1959-10-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland Institute of Art)

Year Plans Participants Total Assets
2022 1 96 $28M
2023 1 89 $29M
2024 1 99 $29M

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan?
As of the 2024 Form 5500 filing, Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan holds $29M in total assets with 99 participants. It is sponsored by Cleveland Institute of Art.
What type of plan is Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan?
Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan is a Profit Sharing plan. It has been effective since 1959-10-24. The plan is filed with the U.S. Department of Labor under EIN 340714334.
Who sponsors the Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan?
Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan is sponsored by Cleveland Institute of Art, located in Ohio. The sponsor's EIN is 340714334 and the plan operates in the Educational Services industry.
How did Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan perform in 2024?
Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan grew by 0.9% during 2024, moving from $29M to $29M in total assets. Net income was $270K.
Where can I find official filings for Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan?
Official Form 5500 filings for Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 340714334 or plan name at efast.dol.gov.
How does Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan compare to other plans?
You can compare Cleveland Institute of Art Defined Contribution and Tax Deferred Annuity Plan against other Profit Sharing 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 340714334.

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

Reference: IRS Publication 590-B β€” 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.