Defined Benefit (Pension) · DOL Form 5500 · 2022

The Cleveland-Cliffs Iron Company Pension Plan

Data updated 2026-08-25

$409M
Total assets Above avg plan size
715
Participants Below avg headcount
98th
Percentile by assets National rank
$572,397
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers · Sponsored by The Cleveland-Cliffs Iron Company · Ohio · Mining & Oil Extraction

$409M in assets, 715 participants

The Cleveland-Cliffs Iron Company's Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers reported $409M in total assets and 715 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.

  • #846 in Mining & Oil Extraction (892 peers)

Where Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers sits by assets

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers sits in the top 5% of all filed plans by assets, $409M for 715 participants (~$572,397/participant), down 19.4% in 2022.

#846
in Mining & Oil Extraction (892 peers)
-19.4%
assets change YoY
4.1×
vs typical plan assets (national mean)

The plan reported a net loss of $99M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers's outsized position by total assets

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers vs every filed plan by assets

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

$409,263,874 Top 2% higher than 98% 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 Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers sits mid-pack in the medium band (715 participants).

EBSA filing schedule strip

Filing strip 340677332 · The Cleveland-Cliffs Iron Company PY 2022 · Defined Benefit (Pension)

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers · $409M · 715 · 98th

  • EBSA $409M
  • PART 715
  • TYPE 98th
  • NET Defined Benefit (Pension)
  • BOOK near American United Life Insurance Company Employees Retirement Plan and Trust
  • VS-ST ind #846

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 Mining & Oil Extraction retirement plans → · Plans in Ohio →

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

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated EmployersPension Plan for Hourly Empl…$409MAmerican United Life Insurance Company Employees Retirement Plan and TrustAmerican United Life Insuran…$409MIndiana Electrical Workers Pension PlanIndiana Electrical Workers P…$409MData General Corporation Retirement PlanData General Corporation Ret…$409MEquifax Inc. U.S. Retirement Income PlanEquifax Inc. U.S. Retirement…$409M
End-of-year total assets ($M) among Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company 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)$508M
Net Assets (End of Year)$409M
Net Income-$99M
Employer EIN340677332
Plan Effective Date1950-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cleveland-Cliffs Iron Company)

Sponsor-wide plan assets over time

All The Cleveland-Cliffs Iron Company plans reported in each filing year

Latest sponsor-wide plan assets
$581M 13.463299765812259% vs 2022
2024 filing year
$500M$550M$600M 202220232024 $512M $581M ▲ +13.5%
Year Plans Participants Total Assets
2022 2 1,496 $512M
2023 2 1,494 $547M
2024 2 1,457 $581M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers, Total assets ($B): 0.409263874 · Participants: 715Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company 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 Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company 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 American United Life Insurance Company Employees Retirement Plan and Trust in IN ($409M); by covered participants it is Kuraray America Pension Plan in TX (715 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (715 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 Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers assets move in 2022? ▼
Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers declined sharply - down 19.4% during 2022, from $508M to $409M. Reported net income was -$99M.
How have The Cleveland-Cliffs Iron Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Cleveland-Cliffs Iron Company's sponsor-wide assets grew 13.5%, from $512M to $581M.
Where does Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers rank by assets among Form 5500 filers? ▼
Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers ranks in the 98th 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 Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is American United Life Insurance Company Employees Retirement Plan and Trust in IN ($409M, 1,946 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Hourly Employees of the Cleveland-Cliffs Iron Company and Its Associated Employers? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kuraray America Pension Plan in TX (715 participants, $43M in assets).