401(k) · DOL Form 5500 · 2023

Cleveland-Cliffs Steel LLC 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets: 3,230
Participants: 99th
Percentile by assets: $312,399
Avg per participant

Official DOL plan name: Cleveland-Cliffs Steel LLC Savings and Investment Plan · Sponsored by Cleveland-Cliffs Steel LLC · Illinois · Manufacturing

$1.0B in assets, 3,230 participants

Cleveland-Cliffs Steel LLC's Cleveland-Cliffs Steel LLC Savings and Investment Plan reported $1.0B in total assets and 3,230 participants in its 2023 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.

99th percentile by assets (of 127,072 plans)
#18,272 in Manufacturing (18,722 peers)

Coverage in Illinois

Cleveland-Cliffs Steel LLC Savings and Investment Plan covers 3,230 participants in Illinois, 4.1x the typical Illinois plan (state average ~779 per filing). Assets: $1.0B.

$1.0B
total plan assets (2023 EOY): 3,230
covered participants: 99th
percentile by assets (of 127,072 plans): $312,399
avg assets per participant

Cleveland-Cliffs Steel LLC Savings and Investment Plan reported net income rose from -$241M in the plan year 2022 filing to $92M in the plan year 2023 filing.
Cleveland-Cliffs Steel LLC Savings and Investment Plan end-of-year assets rose from $917M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
Cleveland-Cliffs Steel LLC Savings and Investment Plan reported participants rose from 2,969 in the plan year 2022 filing to 3,230 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Manufacturing

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Cleveland-Cliffs Steel LLC Savings and Investment Plan reports 3,230 participants - 4.1x that state average ($1.0B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$917M
Net Assets (End of Year)	$1.0B
Net Income	$92M
Employer EIN	710871875
Plan Effective Date	1998-07-16
Filing Status	FILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Steel LLC)

Total plan assets by year, all Cleveland-Cliffs Steel LLC plans on file

Year	Plans	Participants	Total Assets
2022	4	16,064	$4.4B
2023	4	17,325	$4.7B
2024	4	17,273	$4.8B

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cleveland-Cliffs Steel LLC Savings and Investment Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Cleveland-Cliffs Steel LLC Savings and I… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cleveland-Cliffs Steel LLC Savings and Investment Plan by total assets, not by location.

Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan (MN) $1.0B · 1,073
Lsegh, Inc. 401(k) Plan (NY) $1.0B · 2,581
Duly Health and Care 401(k) Plan (OH) $1.0B · 5,590
Bio-Rad Laboratories, Inc. 401(k) Profit Sharing Plan (CA) $1.0B · 3,570

Frequently Asked Questions

How did Cleveland-Cliffs Steel LLC Savings and Investment Plan assets move in 2023? ▼

Cleveland-Cliffs Steel LLC Savings and Investment Plan grew at a solid clip - up 10.0% during 2023, from $917M to $1.0B. Reported net income was $92M.

How have Cleveland-Cliffs Steel LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Cleveland-Cliffs Steel LLC's sponsor-wide assets grew 9.1%, from $4.4B to $4.8B.

Where does Cleveland-Cliffs Steel LLC Savings and Investment Plan rank by assets among Form 5500 filers? ▼

Cleveland-Cliffs Steel LLC Savings and Investment Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Cleveland-Cliffs Steel LLC Savings and Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan in MN ($1.0B, 1,073 participants).

Next read for Cleveland-Cliffs Steel LLC Savings and I…

Filing takeaways

Ways to act on Cleveland-Cliffs Steel LLC Savings and Investment Plan's numbers.

By total assets, Cleveland-Cliffs Steel LLC Savings and Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 710871875.