Plan Snapshot
- Plan Sponsor: The Cleveland Clinic Foundation
- Sponsor EIN: 846576268
- Sponsor Address: 9500 EUCLID AVENUE AC-244, CLEVELAND, OH, 441950001
- Plan Type: 401(k)
- Plan Number: 012
- Total Participants: 0
- Total Assets: $4.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $4.3B | $0 | $0 |
| 2023 | 0 | $3.7B | $0 | $0 |
| 2022 | 0 | $3.1B | $0 | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $1,457,148 | — | $1,457,148 |
| KEY PRIVATE BANK | Investment Advisor | $865,937 | — | $865,937 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $518,915 | — | $518,915 |
| ORION PORTFOLIO SOLUTIONS (DBA CLS | Investment Advisor | $163,787 | — | $163,787 |
| STRATOS WEALTH ADVISORS LLC | Investment Advisor | $85,743 | — | $85,743 |
| WILLIS TOWERS WATSON | Actuary | $65,587 | — | $65,587 |
| SEQUOIA FINANCIAL ADVISORS | Investment Advisor | $63,540 | — | $63,540 |
| LARSON FINANCIAL GROUP, LLC | Investment Advisor | $60,343 | — | $60,343 |
| CBIZ CPAS P.C. | Auditor | $59,749 | — | $59,749 |
| FAIRPORT, LLC | Investment Advisor | $48,058 | — | $48,058 |
| CARNEGIE INVESTMENT COUNSEL | Investment Advisor | $46,433 | — | $46,433 |
| PRASAD WEALTH PARTNERS | Investment Advisor | $36,903 | — | $36,903 |
| STRATOS WEALTH PARTNERS | Investment Advisor | $36,868 | — | $36,868 |
| STRATEGIC WEALTH PARTNERS | Investment Advisor | $35,838 | — | $35,838 |
| POTOMAC FUND MANAGEMENT, INC. | Investment Advisor | $21,730 | — | $21,730 |
| LINEWEAVER WEALTH ADVISORS LLC | Investment Advisor | $21,280 | — | $21,280 |
| ANCORA FAMILY WEALTH | Investment Advisor | $19,354 | — | $19,354 |
| GRIES FINANCIAL CORPORATION | Investment Advisor | $18,743 | — | $18,743 |
| ASSETMARK, INC. | Investment Advisor | $17,667 | — | $17,667 |
| SIGNATURE INVESTMENT ADVISORS | Investment Advisor | $16,796 | — | $16,796 |
| LPL FINANCIAL - RETIREMENT PARTNERS | Investment Advisor | $14,166 | — | $14,166 |
| B. RILEY WEALTH ADVISORS | Investment Advisor | $13,856 | — | $13,856 |
| PEAK WEALTH SOLUTIONS INC | Investment Advisor | $13,308 | — | $13,308 |
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $12,435 | — | $12,435 |
| ABSOLUTE CAPITAL MGMT, LLC | Investment Advisor | $11,540 | — | $11,540 |
| CAPITAL ANALYSTS INC | Investment Advisor | $9,526 | — | $9,526 |
| BEACON FINANCIAL ADVISORS, LLC | Investment Advisor | $8,729 | — | $8,729 |
| FSM WEALTH ADVISORS LLC | Investment Advisor | $8,630 | — | $8,630 |
| FLEXIBLE PLAN INVESTMENTS | Investment Advisor | $7,321 | — | $7,321 |
| ELIOS FINANCIAL GROUP INC | Investment Advisor | $7,081 | — | $7,081 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- KEY PRIVATE BANK — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
- LPL FINANCIAL - RETIREMENT PARTNERS — Investment Advisor
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,767,011
- Estimated Expense Ratio: 0.087% 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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |