2023 Form 5500 filing — The Cleveland Clinic Foundation Cash Balance Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007124328NAL0007576307001) for The Cleveland Clinic Foundation Cash Balance Plan, reported by The Cleveland Clinic Foundation under EIN 34-0714585 and plan number 003. It reports 6,134 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.4BReported net assets$1,409,816,763
Participants6.1K6,134
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241007124328NAL0007576307001
Plan sponsor
The Cleveland Clinic Foundation
EIN
34-0714585
Plan number
003
Location
Cleveland, OH
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.4B total assets
Net assets$1.4BLiabilities$0
Money in vs. money out
Total income / additions$302.6M
Total expenses$71.5M
Benefits paid / distributions$70M
Contributions
Employer$81.2M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$1,409,816,763
Total liabilities (EOY)
$0
Net assets (EOY)
$1,409,816,763
Employer contributions
$81,245,274
Total income / additions
$302,591,006
Benefits paid
$69,963,481
Administrative expenses
$1,508,261
Total expenses
$71,471,742
Net increase / (decrease)
$231,119,264

Related Form 5500 pages