The Cleveland Clinic Foundation403(b)

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

The Cleveland Clinic Foundation reported $6,968,146 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,072 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.10% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 6th-largest of 3,295 plans among Ohio employers on file, and the 10th of 11,911 in health care & social assistance. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 54,690 to 68,206 since 2022.