Employer · plans filed under one EIN
The Cleveland Clinic Foundation
Cleveland, OH · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
The Cleveland Clinic Foundation, based in Cleveland, Ohio, sponsors 5 retirement plans with 100 or more participants: 4 defined contribution and 1 defined benefit. Together they reported 202,310 participant records and $14.6B in net assets.
The largest is Cleveland Clinic Savings and Investment Plan, a 403(b) plan with 86,817 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $416M and participant contributions $542M in the latest plan years; benefits paid were $1.02B. Schedule C compensation reported to service provider organisations totalled $5.0M.
Combined net assets moved from $2.90B in 2009 to $14.6B in 2024 (up 405%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Cleveland Clinic Savings and Investment Plan | 403(b) plan | 2024 | 86,817 | $9.21B | $106,049 | $2,072 | $5.0M |
| Cleveland Clinic Investment Pension Plan | profit-sharing plan | 2024 | 73,315 | $1.77B | $24,158 | $2,586 | $0 |
| The CCHS Retirement Plan | cash balance pension plan | 2024 | 24,365 | $1.04B | $42,851 | $268 | $0 |
| Cleveland Clinic 401(k) Plan | 401(k) plan | 2024 | 11,295 | $969M | $85,801 | $1,562 | $0 |
| The Cleveland Clinic Foundation Cash Balance Plan | money purchase plan | 2024 | 6,518 | $1.62B | $249,164 | $17,139 | $0 |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 5 | 202,310 | $14.6B | $416M | $542M |
| 2023 | 4 | 172,966 | $11.5B | $329M | $418M |
| 2022 | 4 | 159,854 | $9.79B | $310M | $376M |
| 2021 | 4 | 154,631 | $11.7B | $280M | $337M |
| 2020 | 4 | 150,836 | $10.4B | $245M | $301M |
| 2019 | 4 | 147,943 | $8.89B | $240M | $279M |
| 2018 | 4 | 144,556 | $7.20B | $315M | $247M |
| 2017 | 4 | 141,344 | $7.36B | $217M | $232M |
| 2016 | 4 | 139,405 | $6.29B | $210M | $217M |
| 2015 | 4 | 137,193 | $5.78B | $289M | $197M |
| 2014 | 4 | 143,664 | $5.60B | $187M | $186M |
| 2013 | 4 | 148,690 | $5.29B | $241M | $178M |
| 2012 | 4 | 150,021 | $4.39B | $275M | $166M |
| 2011 | 4 | 145,740 | $3.70B | $290M | $149M |
| 2010 | 4 | 144,751 | $3.49B | $192M | $134M |
| 2009 | 3 | 103,695 | $2.90B | $160M | $118M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Key Private Bank | Investment advisory (participants) | 1 | $1,553,126 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 1 | $1,059,360 |
| CLS Investments LLC | Investment advisory (participants) | 1 | $504,970 |
| Sequoia Financial Advisors | Investment advisory (participants) | 1 | $207,038 |
| Stratos Wealth Advisors LLC | Investment advisory (participants) | 1 | $156,207 |
| Willis Towers Watson | Actuarial | 1 | $138,898 |
| Larson Financial Group, LLC | Investment advisory (participants) | 1 | $128,703 |
| Carnegie Investment Counsel | Investment advisory (participants) | 1 | $103,232 |
| Strategic Wealth Partners | Investment advisory (participants) | 1 | $89,171 |
| Prasad Wealth Partners | Investment advisory (participants) | 1 | $86,084 |
| Potomac Fund Management, Inc. | Investment advisory (participants) | 1 | $81,301 |
| Stratos Wealth Partners | Investment advisory (participants) | 1 | $80,899 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does The Cleveland Clinic Foundation have?
5 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Cleveland Clinic Savings and Investment Plan, Cleveland Clinic Investment Pension Plan, The CCHS Retirement Plan and Cleveland Clinic 401(k) Plan and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does The Cleveland Clinic Foundation contribute to its plans?
$415,667,360 in employer contributions across these plans in their latest plan years, about $2,608 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Key Private Bank, Strategic Advisors, Inc., CLS Investments LLC and Sequoia Financial Advisors and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.