Defined Benefit (Pension) · DOL Form 5500 · 2022

Cleveland-Cliffs Inc. Pension Plan

Data updated 2026-08-25

$276M
Total assets Near avg plan size
1,023
Participants Near avg headcount
97th
Percentile by assets National rank
$269,929
Avg per participant High balance/head
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Official DOL plan name: Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers · Sponsored by Cleveland-Cliffs Inc. · Ohio · Management of Enterprises

$276M in assets, 1,023 participants

Cleveland-Cliffs Inc.'s Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers reported $276M in total assets and 1,023 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #1,051 in Management of Enterprises (1,193 peers)

Where Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers sits by assets

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers sits in the top 5% of all filed plans by assets, $276M for 1,023 participants (~$269,929/participant), down 20.3% in 2022.

#1,051
in Management of Enterprises (1,193 peers)
-20.3%
assets change YoY
2.8×
vs typical plan assets (national mean)

The plan reported a net loss of $70M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers's outsized position by total assets

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers vs every filed plan by assets

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

$276,137,248 Top 3% higher than 97% 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

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers'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. Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers lands in the large band (1,023 participants).

DOL schedule card

Filing strip 341464672 · Cleveland-Cliffs Inc. PY 2022 · Defined Benefit (Pension)

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers · $276M · 1,023 · 97th

  • TYPE $276M
  • NET 1,023
  • BOOK 97th
  • VS-ST Defined Benefit (Pension)
  • BOY near Henkel of America Retirement Plan
  • SCH ind #1051

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 Management of Enterprises retirement plans → · Plans in Ohio →

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers in the asset neighbourhood

Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc.Non-Contributory Retirement …$276MHenkel of America Retirement PlanHenkel of America Retirement…$276MPension Plan for Employees of Cleveland-Cliffs Inc and Its Associated EmployersPension Plan for Employees o…$276MCarpenters Pension Fund of West VirginiaCarpenters Pension Fund of W…$276MPension Plan of Newmont$276M
End-of-year total assets ($M) among Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$346M
Net Assets (End of Year)$276M
Net Income-$70M
Employer EIN341464672
Plan Effective Date1950-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Inc.)

Sponsor-wide plan assets over time

All Cleveland-Cliffs Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$241M 47.355506663235744% vs 2022
2024 filing year
$200M$300M$400M$500M 202220232024 $458M $241M ▼ -47.4%
Year Plans Participants Total Assets
2022 2 1,725 $458M
2023 2 1,742 $255M
2024 1 1,178 $241M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers, Total assets ($B): 0.276137248 · Participants: 1023Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated EmployersFirstenergy 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
Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Henkel of America Retirement Plan in CT ($276M); by covered participants it is Knights of Columbus Agents Pension Plan in CT (1,022 participants). Same-state nearby plans are listed separately above.

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 Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers assets move in 2022? ▼
Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers declined sharply - down 20.3% during 2022, from $346M to $276M. Reported net income was -$70M.
How have Cleveland-Cliffs Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Inc.'s sponsor-wide assets declined 47.4%, from $458M to $241M.
Where does Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers rank by assets among Form 5500 filers? ▼
Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Henkel of America Retirement Plan in CT ($276M, 501 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Knights of Columbus Agents Pension Plan in CT (1,022 participants, $228M in assets).