Defined Benefit (Pension) · DOL Form 5500 · 2022
Cleveland-Cliffs Steel LLC Pension Plan
Data updated 2026-08-11
- $122M
- Total assets
- N/A
- Participants
- 94th
- Percentile by assets
Official DOL plan name: Retiree Pension Plan · Sponsored by Cleveland-Cliffs Steel LLC · Illinois · Manufacturing
$122M in assets, N/A participants
Cleveland-Cliffs Steel LLC's Retiree Pension Plan reported $122M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 139,126 plans)
- #18,610 in Manufacturing (20,602 peers)
Where Retiree Pension Plan sits by assets
Retiree Pension Plan sits in the top 10% of all filed plans by assets, $122M for N/A participants, down 23.5% in 2022.
- $122M
- total plan assets (2022 EOY)
- N/A
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- -23.5%
- assets change YoY
The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Retiree Pension Plan vs the 2022 asset distribution
By assets, Retiree Pension Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $159M |
|---|---|
| Net Assets (End of Year) | $122M |
| Net Income | -$37M |
| Employer EIN | 710871875 |
| Plan Effective Date | 2017-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cleveland-Cliffs Steel LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 16,064 | $4.4B |
| 2023 | 4 | 17,325 | $4.7B |
| 2024 | 4 | 17,273 | $4.8B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retiree Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retiree Pension Plan by total assets, not by location.
- Contractors Laborers Teamsters & Engineers Pension Plan (NE) $122M · 885
- Retirement Plan for Children's Hospital & Research Center at Oakland Unrepresented Employees (CA) $122M · 195
- Basic Pension Plan for Employees of Jewish Federation Council of Greater Los Angeles (CA) $122M · 124
- Marin General Hospital Retirement Plan (CA) $122M · 1,740
Frequently Asked Questions
How did Retiree Pension Plan assets move in 2022? ▼
How have Cleveland-Cliffs Steel LLC plan assets changed over time? ▼
Where does Retiree Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retiree Pension Plan? ▼
Next read for Retiree Pension Plan
Scale reading
Ways to act on Retiree Pension Plan's numbers.
- By total assets, Retiree Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- Cleveland-Cliffs Steel LLC's sponsor-wide assets have grown 9.1% since 2022 across 3 plan years on file. More Manufacturing plans