Employers › Cleveland Clinic Foundation
Recordkeeping fees per participant · Cleveland Clinic 401(k) Plan · plan year 2024
$22.96
Higher than 19% of the 1,697 plans $250M to 1B that report it.
= $245,008 / 10,673
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251012183152NAL0000142163001, received 2025-10-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251012183152NAL0000142163001, received 2025-10-12
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-12.
Administrative expenses excluding investment management, per participant
$24.02
Higher than 13% of the 2,324 plans $250M to 1B that report it.
= $256,392 / 10,673
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251012183152NAL0000142163001, received 2025-10-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251012183152NAL0000142163001, received 2025-10-12
Administrative expenses per participant
$33.58
Higher than 12% of the 2,405 plans $250M to 1B that report it.
= $358,374 / 10,673
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251012183152NAL0000142163001, received 2025-10-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251012183152NAL0000142163001, received 2025-10-12
Administrative expenses as a share of assets
0.037%
Higher than 23% of the 2,407 plans $250M to 1B that report it.
= $358,374 / $969,123,282
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251012183152NAL0000142163001, received 2025-10-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251012183152NAL0000142163001, received 2025-10-12
Employer contributions per participant
$1,226
Higher than 11% of the 2,457 plans $250M to 1B that report it.
= $13,088,735 / 10,673
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251012183152NAL0000142163001, received 2025-10-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251012183152NAL0000142163001, received 2025-10-12
Employer share of total contributions
21.3%
Higher than 19% of the 2,459 plans $250M to 1B that report it.
= $13,088,735 / $61,512,768
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251012183152NAL0000142163001, received 2025-10-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251012183152NAL0000142163001, received 2025-10-12
99.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($33.58 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251012183152NAL0000142163001, received 2025-10-12
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE CLEVELAND CLINIC FOUNDATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Plan name | CLEVELAND CLINIC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Sponsor EIN / plan number | 34-0714585 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Sponsor location | CLEVELAND, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Industry (business code) | 622000, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Filing received | 2025-10-12 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Participants, beginning of year | 0 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Active participants | 8,377 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Participants, end of year | 11,295 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Participants with an account balance | 10,673 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Total assets, beginning of year | $0 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Total assets, end of year | $969,123,282 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Net assets, end of year | $969,123,282 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Total income | $178,529,976 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Net income | $97,408,159 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Employer contributions | $13,088,735 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Participant contributions | $45,205,313 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Other contributions (incl. rollovers) | $3,218,720 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Total contributions | $61,512,768 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Benefit payments | $80,157,191 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Total expenses (incl. benefit payments) | $81,121,817 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Total administrative expenses | $358,374 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Recordkeeping fees | $245,008 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Investment advisory and management fees | $101,982 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Administrative expenses excluding investment management | $256,392 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Held in master trusts | $959,175,236 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251012183152NAL0000142163001, received 2025-10-12 |
| Independent auditor | CBIZ CPAS P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251012183152NAL0000142163001, received 2025-10-12 |
Position = column in the DOL layout for form year 2024. Filing 20251012183152NAL0000142163001, received 2025-10-12.
No Schedule C is attached to this plan's filing; providers are reported on the master trust's filing (below).
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251012183152NAL0000142163001, received 2025-10-12.
THE CCF DC PLANS MASTER TRUST (EIN 846576268, PN 012): plan interest $959,175,236, 22.1% of the trust. The trust's own filing (20251012184010NAL0000864640001, received 2025-10-12) reports net assets $4,340,116,901, administrative expenses $0, recordkeeping fees not reported, investment management fees not reported and 30 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 64 65 71 | $1,457,148 | $322,033 |
| KEY PRIVATE BANK | 26 | $865,937 | $191,374 |
| STRATEGIC ADVISORS, INC. | 27 | $518,915 | $114,681 |
| ORION PORTFOLIO SOLUTIONS (DBA CLS | 26 | $163,787 | $36,197 |
| STRATOS WEALTH ADVISORS LLC | 26 | $85,743 | $18,949 |
| WILLIS TOWERS WATSON | 11 | $65,587 | $14,495 |
| SEQUOIA FINANCIAL ADVISORS | 26 | $63,540 | $14,042 |
| LARSON FINANCIAL GROUP, LLC | 26 | $60,343 | $13,336 |
| CBIZ CPAS P.C. | 10 | $59,749 | $13,205 |
| FAIRPORT, LLC | 26 | $48,058 | $10,621 |
| CARNEGIE INVESTMENT COUNSEL | 26 | $46,433 | $10,262 |
| PRASAD WEALTH PARTNERS | 26 | $36,903 | $8,156 |
| STRATOS WEALTH PARTNERS | 26 | $36,868 | $8,148 |
| STRATEGIC WEALTH PARTNERS | 26 | $35,838 | $7,920 |
| POTOMAC FUND MANAGEMENT, INC. | 26 | $21,730 | $4,802 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Sponsor name as filed: THE CLEVELAND CLINIC FOUNDATION; SEC registrant: Cleveland Clinic Foundation (CIK 1372440, matched by EIN).