401(k) · DOL Form 5500 · 2022

Northshore Mining Company 401(k) Plan

Data updated 2026-08-25

$122M
Total assets Near avg plan size
612
Participants Below avg headcount
94th
Percentile by assets National rank
$200,124
Avg per participant Above avg balance/head
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Official DOL plan name: Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan · Sponsored by Northshore Mining Company · Ohio · Mining & Oil Extraction

$122M in assets, 612 participants

Northshore Mining Company's Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan reported $122M in total assets and 612 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

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

Where Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits by assets

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits in the top 10% of all filed plans by assets, $122M for 612 participants (~$200,124/participant), down 22.7% in 2022.

#778
in Mining & Oil Extraction (892 peers)
-22.7%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan's outsized position by total assets

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs every filed plan by assets

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

$122,476,084 Top 6% higher than 94% 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

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan 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. Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits mid-pack in the medium band (612 participants).

Form 5500 schedule snapshot

Filing strip 841116857 · Northshore Mining Company PY 2022 · 401(k)

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan · $122M · 612 · 94th

  • SCH $122M
  • SCH 612
  • SCH 94th
  • SCH 401(k)
  • SCH near Defined Contribution Retirement Plan for the Employees of Excela Health Holding Companies
  • SCH ind #778

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 →

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan in the asset neighbourhood

Clarion Partners, LLC 401(k) Profit Sharing PlanClarion Partners, LLC 401(k)…$122MNorthshore Mining Company and Silver Bay Power Company Retirement Savings PlanNorthshore Mining Company an…$122MDefined Contribution Retirement Plan for the Employees of Excela Health Holding CompaniesDefined Contribution Retirem…$122MEversana 401(k) Plan$122MMsc (USA) Holdings Retirement PlanMsc (USA) Holdings Retiremen…$122M
End-of-year total assets ($M) among Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$158M
Net Assets (End of Year)$122M
Net Income-$36M
Employer EIN841116857
Plan Effective Date1994-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northshore Mining Company)

Sponsor-wide plan assets over time

All Northshore Mining Company plans reported in each filing year

Latest sponsor-wide plan assets
$146M 18.806921521102847% vs 2022
2024 filing year
$120M$130M$140M$150M 202220232024 $122M $146M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 612 $122M
2023 1 574 $140M
2024 1 577 $146M

Nearby 401(k) Plans in Ohio

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

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan, Total assets ($B): 0.122476084 · Participants: 612Northshore Mining Company and Silver Bay Power Company Retirement Savings PlanThe 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
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan side-by-side with 3 peers →

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Defined Contribution Retirement Plan for the Employees of Excela Health Holding Companies in PA ($122M); by covered participants it is Acquia, Inc. 401(k) Plan in MA (612 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (612 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 Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan assets move in 2022? ▼
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan declined sharply - down 22.7% during 2022, from $158M to $122M. Reported net income was -$36M.
How have Northshore Mining Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northshore Mining Company's sponsor-wide assets grew 18.8%, from $122M to $146M.
Where does Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Defined Contribution Retirement Plan for the Employees of Excela Health Holding Companies in PA ($122M, 1,076 participants).
Which 401(k) plans cover a similar participant headcount to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Acquia, Inc. 401(k) Plan in MA (612 participants, $55M 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 841116857.

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.