401(k) · DOL Form 5500 · 2022
Cleveland-Cliffs Steel Corporation 401(k) Plan
Data updated 2026-08-25
- $475M
- Total assets Above avg plan size
- 5,455
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $86,992
- Avg per participant Below avg balance/head
Official DOL plan name: The Cleveland-Cliffs Steel Corporation Thrift Plan · Sponsored by Cleveland-Cliffs Steel Corporation · Ohio · Manufacturing
$475M in assets, 5,455 participants
Cleveland-Cliffs Steel Corporation's The Cleveland-Cliffs Steel Corporation Thrift Plan reported $475M in total assets and 5,455 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- #19,832 in Manufacturing (20,602 peers)
Coverage in Ohio
The Cleveland-Cliffs Steel Corporation Thrift Plan covers 5,455 participants in Ohio, 7.1x the typical Ohio plan (state average ~765 per filing). Assets: $475M.
- #19,832
- in Manufacturing (20,602 peers)
- -17.2%
- assets change YoY
- 4.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $98M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Cleveland-Cliffs Steel Corporation Thrift Plan's outsized position by total assets
The Cleveland-Cliffs Steel Corporation Thrift Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$474,538,803 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Cleveland-Cliffs Steel Corporation Thrift 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. The Cleveland-Cliffs Steel Corporation Thrift Plan lands in the large band (5,455 participants).
Plan-year Form 5500 strip
Filing strip 311267098 · Cleveland-Cliffs Steel Corporation PY 2022 · 401(k)
The Cleveland-Cliffs Steel Corporation Thrift Plan · $475M · 5,455 · 98th
- SCH $475M
- SCH 5,455
- SCH 98th
- SCH 401(k)
- SCH near Nvent Management Company Retirement Savings and Investment Plan
- SCH ind #19832
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 Ohio →
The Cleveland-Cliffs Steel Corporation Thrift Plan in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $573M |
|---|---|
| Net Assets (End of Year) | $475M |
| Net Income | -$98M |
| Employer EIN | 311267098 |
| Plan Effective Date | 1979-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cleveland-Cliffs Steel Corporation)
Sponsor-wide plan assets over time
All Cleveland-Cliffs Steel Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.9B 21.0061458565702% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 9,922 | $2.4B |
| 2023 | 4 | 10,419 | $2.8B |
| 2024 | 4 | 9,597 | $2.9B |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Scale composition for The Cleveland-Cliffs Steel Corporation Thrift Plan
The Cleveland-Cliffs Steel Corporation Thrift Plan reports $475M in end-of-year assets across 5,455 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $86,992 per participant (63% of the national average assets-per-participant) . Net income for plan year 2022 was -$98M.
This plan identity (EIN 311267098, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $475M to $604M (+27.2%) while covered participants moved from 5,455 to 4,363 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,455 | $475M | This page |
| 2023 | 5,824 | $536M | Open filing |
| 2024 · index core | 4,363 | $604M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Cleveland-Cliffs Combined Pension Plan (Defined Benefit (Pension), $1.5B, 2,727 participants)
- The Cleveland-Cliffs Steel Corporation Thrift Plan a (401(k), $783M, 2,501 participants)
- The Cleveland-Cliffs Steel Corporation Thrift Plan C (401(k), $604M, 4,363 participants)
The Cleveland-Cliffs Steel Corporation Thrift Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Nvent Management Company Retirement Savings and Investment Plan in MN ($474M); by covered participants it is Guardian Elder Care, Llc's 401(k) Plan in PA (5,454 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($475M here).
- Nvent Management Company Retirement Savings and Investment Plan (MN) $474M · 2,971
- Holman Enterprises Supplemental Retirement and Savings Plan (NJ) $474M · 5,153
- Lendlease 401(k) Plan (NC) $475M · 1,198
- Vinson & Elkins L. L. P. Retirement Plan a (TX) $474M · 769
Similar participant headcount
Nearest other-state filings by covered participants (5,455 participants); asset peers above are excluded.
- Guardian Elder Care, Llc's 401(k) Plan (PA) 5,454 · 1 off
- Retirement Savings Plan for Daikin Group Affiliated Companies (MN) 5,453 · 2 off
- Watsco, Inc. Profit Sharing Retirement Plan and Trust (FL) 5,457 · 2 off
- 24 Hour Fitness Savings and Investment Plan (CA) 5,461 · 6 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.