Money Purchase · DOL Form 5500 · 2024

The Cleveland Clinic Foundation Money Purchase Plan

Data updated 2026-08-06

$1.6B
Total assets: 4,957
Participants: 99th
Percentile by assets: $327,628
Avg per participant

Official DOL plan name: The Cleveland Clinic Foundation Cash Balance Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance

$1.6B in assets, 4,957 participants

The Cleveland Clinic Foundation's The Cleveland Clinic Foundation Cash Balance Plan reported $1.6B in total assets and 4,957 participants in its 2024 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 116,472 plans)
#15,478 in Healthcare & Social Assistance (15,613 peers)

Coverage in Ohio

The Cleveland Clinic Foundation Cash Balance Plan covers 4,957 participants in Ohio, 6.3x the typical Ohio plan (state average ~787 per filing). Assets: $1.6B.

$1.6B
total plan assets (2024 EOY): 4,957
covered participants: 99th
percentile by assets (of 116,472 plans): $327,628
avg assets per participant

The Cleveland Clinic Foundation Cash Balance Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
The Cleveland Clinic Foundation Cash Balance Plan reported net income fell from $231M in the plan year 2023 filing to $214M in the plan year 2024 filing.
The Cleveland Clinic Foundation Cash Balance Plan reported participants rose from 4,739 in the plan year 2023 filing to 4,957 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Ohio

Industry

Healthcare & Social Assistance

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. The Cleveland Clinic Foundation Cash Balance Plan reports 4,957 participants - 6.3x that state average ($1.6B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$1.4B
Net Assets (End of Year)	$1.6B
Net Income	$214M
Employer EIN	340714585
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Cleveland Clinic Foundation)

Total plan assets by year, all The Cleveland Clinic Foundation plans on file

Year	Plans	Participants	Total Assets
2022	4	116,994	$9.8B
2023	4	121,414	$11.5B
2024	5	134,707	$14.6B

Nearby Money Purchase Plans in Ohio

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

The Cleveland Clinic Foundation Cash Balance Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants

The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.7B · 47,538
Iron Workers District Council of So Oh & Vicinity Annuity Trust $533M · 7,205
University of Dayton Defined Contribution Retirement Plan $382M · 3,130
Northwestern Ohio Plumbers and Pipefitters Retirement and Trust $376M · 2,118
Local Union No 306 IBEW Pension Annuity Plan $302M · 1,151

Compare The Cleveland Clinic Foundation Cash Bal… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to The Cleveland Clinic Foundation Cash Balance Plan by total assets, not by location.

Brookhaven Science Associates, LLC Retirement Plan (NY) $1.5B · 2,624
The George Washington University Retirement Plan for Faculty and Staff (VA) $1.4B · 3,862
Local No. 1 IBEW Pension Benefit Trust Fund (MO) $1.9B · 4,749
Scripps Health Retirement Savings Plan (CA) $1.3B · 16,148

Frequently Asked Questions

How did The Cleveland Clinic Foundation Cash Balance Plan assets move in 2024? ▼

The Cleveland Clinic Foundation Cash Balance Plan grew sharply - up 15.2% during 2024, from $1.4B to $1.6B. Reported net income was $214M.

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 Cleveland Clinic Foundation Cash Balance Plan rank by assets among Form 5500 filers? ▼

The Cleveland Clinic Foundation Cash Balance Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Money Purchase plans are similar in size to The Cleveland Clinic Foundation Cash Balance Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Brookhaven Science Associates, LLC Retirement Plan in NY ($1.5B, 2,624 participants).

Next read for The Cleveland Clinic Foundation Cash Bal…

Filing takeaways

Ways to act on The Cleveland Clinic Foundation Cash Balance Plan's numbers.

By total assets, The Cleveland Clinic Foundation Cash Balance Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Money Purchase 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

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) - original filing retrieval by EIN 340714585.