401(k)
2024 plan-year 401(k) DOL Form 5500

Mayfield Clinic, Inc. Profit Sharing/401(k) Plan

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

Sponsored by Mayfield Clinic, Inc. ยท Ohio ยท Healthcare & Social Assistance

What the 2023 filing shows

Mayfield Clinic, Inc. Profit Sharing/401(k) Plan holds $73M for 261 participants - about $279,523 per participant, up 13.0% over the 2024 plan year.

$73M
total plan assets (2024 EOY)
261
covered participants
$279,523
avg assets per participant
+13.0%
assets growth YoY
Total Assets (2023)
$73M
Participants
261
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mayfield Clinic, Inc. Profit Sharing/401(k) Plan

Mayfield Clinic, Inc. Profit Sharing/401(k) Plan is a 401(k) retirement plan sponsored by Mayfield Clinic, Inc., headquartered in Ohio. As of the 2024 Form 5500 filing, the plan reports $73M in total end-of-year assets and covers 261 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 310588183, and the plan has been effective since 1958-12-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $65M at the beginning of 2024 to $73M at year-end โ€” a gain of 13.0%. Net assets (after liabilities) closed the year at $73M, with reported net income of $8M 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 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)$65M
Total Assets (End of Year)$73M
Net Assets (End of Year)$73M
Net Income$8M
Plan Type401(k)
Employer EIN310588183
Plan Effective Date1958-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayfield Clinic, Inc.)

Year Plans Participants Total Assets
2022 1 216 $54M
2023 1 242 $65M
2024 1 261 $73M

Nearby 401(k) Plans in Ohio

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Frequently Asked Questions

How much money is in the Mayfield Clinic, Inc. Profit Sharing/401(k) Plan?
As of the 2024 Form 5500 filing, Mayfield Clinic, Inc. Profit Sharing/401(k) Plan holds $73M in total assets with 261 participants. It is sponsored by Mayfield Clinic, Inc..
What type of plan is Mayfield Clinic, Inc. Profit Sharing/401(k) Plan?
Mayfield Clinic, Inc. Profit Sharing/401(k) Plan is a 401(k) plan. It has been effective since 1958-12-29. The plan is filed with the U.S. Department of Labor under EIN 310588183.
Who sponsors the Mayfield Clinic, Inc. Profit Sharing/401(k) Plan?
Mayfield Clinic, Inc. Profit Sharing/401(k) Plan is sponsored by Mayfield Clinic, Inc., located in Ohio. The sponsor's EIN is 310588183 and the plan operates in the Healthcare & Social Assistance industry.
How did Mayfield Clinic, Inc. Profit Sharing/401(k) Plan perform in 2024?
Mayfield Clinic, Inc. Profit Sharing/401(k) Plan grew by 13.0% during 2024, moving from $65M to $73M in total assets. Net income was $8M.
Where can I find official filings for Mayfield Clinic, Inc. Profit Sharing/401(k) Plan?
Official Form 5500 filings for Mayfield Clinic, Inc. Profit Sharing/401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 310588183 or plan name at efast.dol.gov.
How does Mayfield Clinic, Inc. Profit Sharing/401(k) Plan compare to other plans?
You can compare Mayfield Clinic, Inc. Profit Sharing/401(k) Plan against other 401(k) 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) โ€” original filing retrieval by EIN 310588183.

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.