Defined Benefit (Pension) · DOL Form 5500 · 2024

The Cleveland Clinic Foundation Pension Plan

Data updated 2026-08-06

$1.0B
Total assets
12,592
Participants
98th
Percentile by assets
$82,940
Avg per participant
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Official DOL plan name: The Cchs Retirement Plan · Sponsored by The Cleveland Clinic Foundation · Ohio · Healthcare & Social Assistance

$1.0B in assets, 12,592 participants

The Cleveland Clinic Foundation's The Cchs Retirement Plan reported $1.0B in total assets and 12,592 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)
  • #15,394 in Healthcare & Social Assistance (15,613 peers)

Coverage in Ohio

The Cchs Retirement Plan covers 12,592 participants in Ohio, 16x the typical Ohio plan (state average ~787 per filing). Assets: $1.0B.

$1.0B
total plan assets (2024 EOY)
12,592
covered participants
98th
percentile by assets (of 116,472 plans)
$82,940
avg assets per participant

The plan reported a net loss of $56M 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 2023 → plan year 2024

  • The Cchs Retirement Plan reported net income fell from -$4M in the plan year 2023 filing to -$56M in the plan year 2024 filing.
  • The Cchs Retirement Plan reported participants fell from 13,403 in the plan year 2023 filing to 12,592 in the plan year 2024 filing.
  • The Cchs Retirement Plan end-of-year assets fell from $1.1B in the plan year 2023 filing to $1.0B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. The Cchs Retirement Plan reports 12,592 participants - 16x that state average ($1.0B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.0B
Net Income-$56M
Employer EIN340714585
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cleveland Clinic Foundation)

$8B$10B$12B$14B$16B 202220232024 $9.79B $14.6B ▲ +49.3%
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 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

The Cchs Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 05101520 Total assets ($B) Participants The Cchs Retirement …GE Aerospace Pension…Firstenergy Corp. Ma…American Electric Po…Parker Defined Benef…Nationwide Retiremen…
The Cchs Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Scale composition for The Cchs Retirement Plan

The Cchs Retirement Plan reports $1.0B in end-of-year assets across 12,592 participants (0.009% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $82,940 per participant (61% of the national average assets-per-participant) . Net income for plan year 2024 was -$56M.

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 Open filing
2024 · index core 12,592 $1.0B This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

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.

Frequently Asked Questions

How did The Cchs Retirement Plan assets move in 2024?
The Cchs Retirement Plan pulled back noticeably - down 5.0% during 2024, from $1.1B to $1.0B. Reported net income was -$56M.
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 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
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 Chevron Phillips Chemical Company LP Retirement Plan in TX ($1.0B, 4,433 participants).

Filing takeaways

Ways to act on The Cchs Retirement Plan's numbers.