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Company:
The Cleveland Clinic Foundation
Plan:
The Cleveland Clinic Health System Savings and Investment Plan
 

The Cleveland Clinic Foundation

64 Plan:

 
 
64
41
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (64) and the top rated plan (83) could equate to:
[How is this calculated?]
9 additional years of work
Up to $108,500 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The Cleveland Clinic Health System Savings and Investment Plan is a defined contribution plan. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. The Cleveland Clinic Health System Savings and Investment Plan currently has over 49,900 active participants and over $2.0B in plan assets.

 

 Retirement Plan Details

Address 9500 Euclid Avenue
C/O Staff Benefits P38
Cleveland, OH 44195-0001 
Industry Health Care and Social Assistance
Administrator Steven C. Glass
Net Plan Assets $2,050,000,000
Total Participants 50,000
Avg Account Balance $41,000

 Top 3 Funds in this 403b

1. Prudential Guaranteed Investment Contract 12%
2. Fidelity Freedom 2020 6%
3. Fidelity Contrafund 4%

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Carrier MetLife
Insurance Carrier Prudential
Insurance Advisor/Broker Fidelity
Auditor Mayer Hoffman McCann

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