# The Cleveland Clinic Foundation 403(b) Plan
Source: https://planprovider.pro/companies/the-cleveland-clinic-foundation-403b-plan

> The Cleveland Clinic Foundation's 403(b) plan: 68,206 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Cleveland Clinic Foundation

- **Sponsor EIN:** 340714585

- **Sponsor Address:** 9500 EUCLID AVENUE AC-244, CLEVELAND, OH, 441950001

- **Plan Type:** 403(b)

- **Total Participants:** 68,206

- **Total Assets:** $9.2B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|68,206|$9.2B|$141.3M|$496.3M|

| 2023|65,407|$7.5B|$118.9M|$417.8M|

| 2022|54,690|$6.3B|$106.8M|$375.7M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| KEY PRIVATE BANK|INVESTMENT ADVISOR|$1,553,126|—|$1,553,126|

| STRATEGIC ADVISORS, INC.|ADVISOR|$1,059,360|—|$1,059,360|

| CLS INVESTMENTS LLC|INVESTMENT ADVISOR|$504,970|—|$504,970|

| SEQUOIA FINANCIAL ADVISORS|INVESTMENT ADVISOR|$207,038|—|$207,038|

| STRATOS WEALTH ADVISORS LLC|INVESTMENT ADVISOR|$156,207|—|$156,207|

| WILLIS TOWERS WATSON|ACTUARIAL|$138,898|—|$138,898|

| LARSON FINANCIAL GROUP, LLC|INVESTMENT ADVISOR|$128,703|—|$128,703|

| CARNEGIE INVESTMENT COUNSEL|INVESTMENT ADVISOR|$103,232|—|$103,232|

| STRATEGIC WEALTH PARTNERS|INVESTMENT ADVISOR|$89,171|—|$89,171|

| PRASAD WEALTH PARTNERS|INVESTMENT ADVISOR|$86,084|—|$86,084|

| POTOMAC FUND MANAGEMENT, INC.|INVESTMENT ADVISOR|$81,301|—|$81,301|

| STRATOS WEALTH PARTNERS|INVESTMENT ADVISOR|$80,899|—|$80,899|

| LINEWEAVER WEALTH ADVISORS LLC|INVESTMENT ADVISOR|$80,852|—|$80,852|

| FAIRPORT, LLC|INVESTMENT ADVISOR|$78,726|—|$78,726|

| GRIES FINANCIAL CORPORATION|INVESTMENT ADVISOR|$77,138|—|$77,138|

| COMMONWEALTH FINANCIAL NETWORK|INVESTMENT ADVISOR|$69,658|—|$69,658|

| ASSETMARK, INC.|INVESTMENT ADVISOR|$64,210|—|$64,210|

| ABSOLUTE CAPITAL MGMT, LLC|INVESTMENT ADVISOR|$45,632|—|$45,632|

| B RILEY WEALTH ADVISORS|INVESTMENT ADVISOR|$43,665|—|$43,665|

| SIGNATURE INVESTMENT ADVISORS|INVESTMENT ADVISOR|$38,562|—|$38,562|

| FSM WEALTH ADVISORS LLC|INVESTMENT ADVISOR|$36,466|—|$36,466|

| ANCORA FAMILY WEALTH|INVESTMENT ADVISOR|$33,826|—|$33,826|

| CBIZ CPAS P.C.|AUDIT|$31,212|—|$31,212|

| BEACON FINANCIAL ADVISORS, LLC|INVESTMENT ADVISOR|$28,588|—|$28,588|

| LPL FINANCIAL - RETIREMENT PARTNERS|INVESTMENT ADVISOR|$27,083|—|$27,083|

| PEAK WEALTH SOLUTIONS INC|INVESTMENT ADVISOR|$24,248|—|$24,248|

| FLEXIBLE PLAN INVESTMENTS|INVESTMENT ADVISOR|$21,843|—|$21,843|

| ELIOS FINANCIAL GROUP INC|INVESTMENT ADVISOR|$17,011|—|$17,011|

| ESSEX PRIVATE WEALTH MANAGEMENT|INVESTMENT ADVISOR|$15,018|—|$15,018|

| CAPITAL ANALYSTS INC|INVESTMENT ADVISOR|$14,055|—|$14,055|

| ARBOR POINT ADVISORS,LLC|INVESTMENT ADVISOR|$12,848|—|$12,848|

| ABOUND WEALTH MANAGEMENT|INVESTMENT ADVISOR|$11,079|—|$11,079|

| PATHFINDER WEALTH ADVISORS|INVESTMENT ADVISOR|$9,571|—|$9,571|

| SIGMA PLANNING CORP.|INVESTMENT ADVISOR|$9,309|—|$9,309|

| MAI WEALTH ADVISORS, LLC|INVESTMENT ADVISOR|$9,089|—|$9,089|

| LINCOLN INVESTMENT PLANNING|INVESTMENT ADVISOR|$7,978|—|$7,978|

| BFC PLANNING, INC|INVESTMENT ADVISOR|$7,524|—|$7,524|

| CADARET GRANT & CO|INVESTMENT ADVISOR|$6,485|—|$6,485|

| CAMBRIDGE INVESTMENT RESEARCH|INVESTMENT ADVISOR|$6,009|—|$6,009|

| 2 KNIGHTS WEALTH MGMT LLC|INVESTMENT ADVISOR|$5,967|—|$5,967|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KEY PRIVATE BANK](https://planprovider.pro/provider/victory-capital-management-inc) — INVESTMENT ADVISOR

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [COMMONWEALTH FINANCIAL NETWORK](https://planprovider.pro/provider/commonwealth-financial-network) — INVESTMENT ADVISOR

- [LPL FINANCIAL - RETIREMENT PARTNERS](https://planprovider.pro/provider/equitable) — INVESTMENT ADVISOR

- [LINCOLN INVESTMENT PLANNING](https://planprovider.pro/provider/lincoln-financial-group) — INVESTMENT ADVISOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $5,022,641

- **Estimated Expense Ratio:** 0.055% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$6,968,146|$4,862,410|—|$31,212|—|

| 2023|$6,316,690|$4,495,921|—|$30,450|—|

| 2022|$7,221,809|$5,476,476|$1,572,013|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-cleveland-clinic-foundation-403b-plan)

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