401(k) · DOL Form 5500 · 2022

Hibbing Joint Venture Cliffs Mining Co, Managing Agent 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
485
Participants Below avg headcount
86th
Percentile by assets National rank
$79,151
Avg per participant Below avg balance/head
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Official DOL plan name: Savings Plan for Minnesota Represented Hourly Employees · Sponsored by Hibbing Joint Venture Cliffs Mining Co, Managing Agent · Ohio · Mining & Oil Extraction

$38M in assets, 485 participants

Hibbing Joint Venture Cliffs Mining Co, Managing Agent's Savings Plan for Minnesota Represented Hourly Employees reported $38M in total assets and 485 participants in its 2022 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #660 in Mining & Oil Extraction (892 peers)

Where Savings Plan for Minnesota Represented Hourly Employees sits by assets

Savings Plan for Minnesota Represented Hourly Employees sits in the top quartile of all filed plans by assets, $38M for 485 participants (~$79,151/participant), down 21.1% in 2022.

#660
in Mining & Oil Extraction (892 peers)
-21.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Plan for Minnesota Represented Hourly Employees's outsized position by total assets

Savings Plan for Minnesota Represented Hourly Employees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$38,388,224 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Savings Plan for Minnesota Represented Hourly Employees among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Plan for Minnesota Represented Hourly Employees sits mid-pack in the medium band (485 participants).

Form 5500 schedule snapshot

Filing strip 341120353 · Hibbing Joint Venture Cliffs Mining Co, Managing Agent PY 2022 · 401(k)

Savings Plan for Minnesota Represented Hourly Employees · $38M · 485 · 86th

  • PART $38M
  • TYPE 485
  • NET 86th
  • BOOK 401(k)
  • VS-ST near Century Fence Company Retirement Plan
  • BOY ind #660

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Mining & Oil Extraction retirement plans → · Plans in Ohio →

Savings Plan for Minnesota Represented Hourly Employees in the asset neighbourhood

Oneaz Credit Union 401(k) PlanOneaz Credit Union 401(k) Pl…$38MSavings Plan for Minnesota Represented Hourly EmployeesSavings Plan for Minnesota R…$38MCentury Fence Company Retirement PlanCentury Fence Company Retire…$38M401(k) Plan for Employees of Revere Copper Products, Inc.401(k) Plan for Employees of…$38MSierra Wireless America 401(k) Savings PlanSierra Wireless America 401(…$38M
End-of-year total assets ($M) among Savings Plan for Minnesota Represented Hourly Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$38M
Net Income-$10M
Employer EIN341120353
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hibbing Joint Venture Cliffs Mining Co, Managing Agent)

Sponsor-wide plan assets over time

All Hibbing Joint Venture Cliffs Mining Co, Managing Agent plans reported in each filing year

Latest sponsor-wide plan assets
$52M 35.76719777398402% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.4M $52.1M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 485 $38M
2023 1 503 $47M
2024 1 565 $52M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Savings Plan for Minnesota Represented Hourly Employees vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Savings Plan for Minnesota Represented Hourly Employees, Total assets ($B): 0.038388224 · Participants: 485Savings Plan for Minnesota Represented Hourly EmployeesThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Savings Plan for Minnesota Represented Hourly Employees vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Savings Plan for Minnesota Represented Hourly Employees side-by-side with 3 peers →

Savings Plan for Minnesota Represented Hourly Employees's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Century Fence Company Retirement Plan in WI ($38M); by covered participants it is Timpte 401(k) Retirement Savings and Profit Sharing Plan and Trust in CO (485 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (485 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Savings Plan for Minnesota Represented Hourly Employees assets move in 2022? ▼
Savings Plan for Minnesota Represented Hourly Employees declined sharply - down 21.1% during 2022, from $49M to $38M. Reported net income was -$10M.
How have Hibbing Joint Venture Cliffs Mining Co, Managing Agent plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hibbing Joint Venture Cliffs Mining Co, Managing Agent's sponsor-wide assets grew 35.8%, from $38M to $52M.
Where does Savings Plan for Minnesota Represented Hourly Employees rank by assets among Form 5500 filers? ▼
Savings Plan for Minnesota Represented Hourly Employees ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Plan for Minnesota Represented Hourly Employees? ▼
Among 401(k) plans in other states, the closest by assets is Century Fence Company Retirement Plan in WI ($38M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Minnesota Represented Hourly Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Timpte 401(k) Retirement Savings and Profit Sharing Plan and Trust in CO (485 participants, $29M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341120353.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.