401(k) · DOL Form 5500 · 2023

Cleveland-Cliffs Steel LLC 401(k) Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
3,230
Participants Above avg headcount
99th
Percentile by assets National rank
$312,399
Avg per participant High balance/head
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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.

  • #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.

#18,272
in Manufacturing (18,722 peers)
+10.0%
assets growth YoY
10×
vs typical plan assets (national mean)

Cleveland-Cliffs Steel LLC Savings and Investment Plan's outsized position by total assets

Cleveland-Cliffs Steel LLC Savings and Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,009,050,000 Top 1% higher than 99% of 127,068 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 2023

Cleveland-Cliffs Steel LLC Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cleveland-Cliffs Steel LLC Savings and Investment Plan lands in the large band (3,230 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

EBSA filing schedule strip

Filing strip 710871875 · Cleveland-Cliffs Steel LLC PY 2023 · 401(k)

Cleveland-Cliffs Steel LLC Savings and Investment Plan · $1.0B · 3,230 · 99th

  • PCT $1.0B
  • EIN 3,230
  • RANK 99th
  • PHOTO 401(k)
  • IND near Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan
  • EOY ind #18272

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 Illinois →

Cleveland-Cliffs Steel LLC Savings and Investment Plan in the asset neighbourhood

Cleveland-Cliffs Steel LLC Savings and Investment PlanCleveland-Cliffs Steel LLC S…$1.0BMac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership PlanMac Arthur Co. 2015 Amended …$1.0BLsegh, Inc. 401(k) Plan$1.0BDuly Health and Care 401(k) PlanDuly Health and Care 401(k) …$1.0BBio-Rad Laboratories, Inc. 401(k) Profit Sharing PlanBio-Rad Laboratories, Inc. 4…$1.0B
End-of-year total assets ($B) among Cleveland-Cliffs Steel LLC Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$917M
Net Assets (End of Year)$1.0B
Net Income$92M
Employer EIN710871875
Plan Effective Date1998-07-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Steel LLC)

Sponsor-wide plan assets over time

All Cleveland-Cliffs Steel LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4.8B 9.09063287726536% vs 2022
2024 filing year
$4.2B$4.4B$4.6B$4.8B$5B 202220232024 $4.42B $4.82B ▲ +9.0%
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 Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Cleveland-Cliffs Steel LLC Savings and Investment Plan, Total assets ($B): 1.00905 · Participants: 3230Cleveland-Cliffs Steel LLC Savings and Investment PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Cleveland-Cliffs Steel LLC Savings and Investment Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Cleveland-Cliffs Steel LLC Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Mac Arthur Co. 2015 Amended and Restated 401(k) and Employee Stock Ownership Plan in MN ($1.0B); by covered participants it is The Hillman Group, Inc. Retirement Savings and Profit Sharing Plan in OH (3,230 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,230 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Cleveland-Cliffs Steel LLC Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Hillman Group, Inc. Retirement Savings and Profit Sharing Plan in OH (3,230 participants, $167M in assets).