Defined Benefit (Pension) · DOL Form 5500 · 2022

Cleveland-Cliffs Steel Corporation Pension Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
1,909
Participants Near avg headcount
99th
Percentile by assets National rank
$646,695
Avg per participant High balance/head
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Official DOL plan name: Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan · Sponsored by Cleveland-Cliffs Steel Corporation · Ohio · Manufacturing

$1.2B in assets, 1,909 participants

Cleveland-Cliffs Steel Corporation's Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan reported $1.2B in total assets and 1,909 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.

  • #20,261 in Manufacturing (20,602 peers)

Coverage in Ohio

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan covers 1,909 participants in Ohio, 2.5x the typical Ohio plan (state average ~765 per filing). Assets: $1.2B.

#20,261
in Manufacturing (20,602 peers)
-22.6%
assets change YoY
12×
vs typical plan assets (national mean)

The plan reported a net loss of $361M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan's outsized position by total assets

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan vs every filed plan by assets

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

$1,234,540,221 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 Corporation Noncontributory Pension 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 Corporation Noncontributory Pension Plan lands in the large band (1,909 participants).

DOL schedule card

Filing strip 311267098 · Cleveland-Cliffs Steel Corporation PY 2022 · Defined Benefit (Pension)

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan · $1.2B · 1,909 · 99th

  • ASSETS $1.2B
  • ASSETS 1,909
  • ASSETS 99th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Regions Financial Corporation Retirement Plan
  • ASSETS ind #20261

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 →

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan in the asset neighbourhood

Kellogg Company Pension Plan$1.2BCleveland-Cliffs Steel Corporation Noncontributory Pension PlanCleveland-Cliffs Steel Corpo…$1.2BRegions Financial Corporation Retirement PlanRegions Financial Corporatio…$1.2BWestern Washington Laborers-Employers Pension PlanWestern Washington Laborers-…$1.2BSprint Retirement Pension PlanSprint Retirement Pension Pl…$1.2B
End-of-year total assets ($B) among Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.2B
Net Income-$361M
Employer EIN311267098
Plan Effective Date1950-01-01
Filing StatusFILING 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
$2.2B$2.4B$2.6B$2.8B$3B 202220232024 $2.37B $2.86B ▲ +20.7%
Year Plans Participants Total Assets
2022 4 9,922 $2.4B
2023 4 10,419 $2.8B
2024 4 9,597 $2.9B

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 02468 Total assets ($B) Participants Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan, Total assets ($B): 1.234540221 · Participants: 1909Cleveland-Cliffs Steel Corporation Noncontributory Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan side-by-side with 3 peers →

Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Regions Financial Corporation Retirement Plan in AL ($1.2B); by covered participants it is Conagra Brands, Inc. Pension Plan in IL (1,906 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,909 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 Corporation Noncontributory Pension Plan assets move in 2022? ▼
Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan declined sharply - down 22.6% during 2022, from $1.6B to $1.2B. Reported net income was -$361M.
How have Cleveland-Cliffs Steel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Steel Corporation's sponsor-wide assets grew 21.0%, from $2.4B to $2.9B.
Where does Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan rank by assets among Form 5500 filers? ▼
Cleveland-Cliffs Steel Corporation Noncontributory Pension 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 Defined Benefit (Pension) plans are similar in size to Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Regions Financial Corporation Retirement Plan in AL ($1.2B, 309 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Conagra Brands, Inc. Pension Plan in IL (1,906 participants, $2.0B 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 311267098.

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.