401(k) · DOL Form 5500 · 2022

Cleveland-Cliffs Steel LLC 401(k) Plan

Data updated 2026-08-25

$917M
Total assets Above avg plan size
2,969
Participants Above avg headcount
99th
Percentile by assets National rank
$308,990
Avg per participant High balance/head
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Official DOL plan name: Cleveland-Cliffs Steel LLC Savings and Investment Plan · Sponsored by Cleveland-Cliffs Steel LLC · Illinois · Manufacturing

$917M in assets, 2,969 participants

Cleveland-Cliffs Steel LLC's Cleveland-Cliffs Steel LLC Savings and Investment Plan reported $917M in total assets and 2,969 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,161 in Manufacturing (20,602 peers)

Coverage in Illinois

Cleveland-Cliffs Steel LLC Savings and Investment Plan covers 2,969 participants in Illinois, 3.8x the typical Illinois plan (state average ~779 per filing). Assets: $917M.

#20,161
in Manufacturing (20,602 peers)
-20.8%
assets change YoY
9.2×
vs typical plan assets (national mean)

The plan reported a net loss of $241M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cleveland-Cliffs Steel LLC Savings and Investment Plan's outsized position by total assets

Cleveland-Cliffs Steel LLC Savings and Investment Plan vs every filed plan by assets

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

$917,390,770 Top 1% higher than 99% 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

Cleveland-Cliffs Steel LLC Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cleveland-Cliffs Steel LLC Savings and Investment Plan lands in the large band (2,969 participants).

Plan-year Form 5500 strip

Filing strip 710871875 · Cleveland-Cliffs Steel LLC PY 2022 · 401(k)

Cleveland-Cliffs Steel LLC Savings and Investment Plan · $917M · 2,969 · 99th

  • TYPE $917M
  • NET 2,969
  • BOOK 99th
  • VS-ST 401(k)
  • BOY near Bok Financial 401(k) Plan
  • SCH ind #20161

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 Manufacturing retirement plans → · Plans in Illinois →

Cleveland-Cliffs Steel LLC Savings and Investment Plan in the asset neighbourhood

Crown Castle Inc. 401(k) Plan$919MCleveland-Cliffs Steel LLC Savings and Investment PlanCleveland-Cliffs Steel LLC S…$917MBok Financial 401(k) Plan$917MD.R. Horton, Inc. Profit Sharing Plus PlanD.R. Horton, Inc. Profit Sha…$913MNature Conservancy Savings & Retirement PlanNature Conservancy Savings &…$912M
End-of-year total assets ($M) among Cleveland-Cliffs Steel LLC Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$917M
Net Income-$241M
Employer EIN710871875
Plan Effective Date1998-07-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Steel LLC)

Sponsor-wide plan assets over time

All Cleveland-Cliffs Steel LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4.8B 9.09063287726536% vs 2022
2024 filing year
$4.2B$4.4B$4.6B$4.8B$5B 202220232024 $4.42B $4.82B ▲ +9.0%
Year Plans Participants Total Assets
2022 4 16,064 $4.4B
2023 4 17,325 $4.7B
2024 4 17,273 $4.8B

Nearby 401(k) Plans in Illinois

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

Cleveland-Cliffs Steel LLC Savings and Investment Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Cleveland-Cliffs Steel LLC Savings and Investment Plan, Total assets ($B): 0.91739077 · Participants: 2969Cleveland-Cliffs Steel LLC Savings and Investment PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Cleveland-Cliffs Steel LLC Savings and Investment Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Cleveland-Cliffs Steel LLC Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Bok Financial 401(k) Plan in OK ($917M); by covered participants it is Gilbane 401(k) & Retirement Plan in RI (2,969 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($917M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,969 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 Cleveland-Cliffs Steel LLC Savings and Investment Plan assets move in 2022?
Cleveland-Cliffs Steel LLC Savings and Investment Plan declined sharply - down 20.8% during 2022, from $1.2B to $917M. Reported net income was -$241M.
How have Cleveland-Cliffs Steel LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Steel LLC's sponsor-wide assets grew 9.1%, from $4.4B to $4.8B.
Where does Cleveland-Cliffs Steel LLC Savings and Investment Plan rank by assets among Form 5500 filers?
Cleveland-Cliffs Steel LLC Savings and Investment Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Cleveland-Cliffs Steel LLC Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Bok Financial 401(k) Plan in OK ($917M, 4,683 participants).
Which 401(k) plans cover a similar participant headcount to Cleveland-Cliffs Steel LLC Savings and Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Gilbane 401(k) & Retirement Plan in RI (2,969 participants, $792M in assets).