401(k) · DOL Form 5500 · 2022

Northshore Mining Company 401(k) Plan

Data updated 2026-08-11

$122M
Total assets
612
Participants
94th
Percentile by assets
$200,124
Avg per participant
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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.

  • 94th percentile by assets (of 139,126 plans)
  • #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.

$122M
total plan assets (2022 EOY)
612
covered participants
94th
percentile by assets (of 139,126 plans)
$200,124
avg assets per participant

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.

Where Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits 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 $2,010,000,000 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

State

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs the 2022 asset distribution

By assets, Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

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)

$120M$130M$140M$150M 202220232024 $122M $146M ▲ +18.8%
Total plan assets by year, all Northshore Mining Company plans on file
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

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 Co…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan by total assets, not by location.

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).

Next read for Northshore Mining Company and Silver Bay…

Scale reading

Ways to act on Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan's numbers.

  • By total assets, Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • Northshore Mining Company's sponsor-wide assets have grown 18.8% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans