401(k) · DOL Form 5500 · 2023

Cleveland-Cliffs Steel Corporation 401(k) Plan

Data updated 2026-08-25

$732M
Total assets Above avg plan size
2,781
Participants Above avg headcount
98th
Percentile by assets National rank
$263,302
Avg per participant High balance/head
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Official DOL plan name: The Cleveland-Cliffs Steel Corporation Thrift Plan a · Sponsored by Cleveland-Cliffs Steel Corporation · Ohio · Manufacturing

$732M in assets, 2,781 participants

Cleveland-Cliffs Steel Corporation's The Cleveland-Cliffs Steel Corporation Thrift Plan a reported $732M in total assets and 2,781 participants in its 2023 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.

  • #18,131 in Manufacturing (18,722 peers)

Coverage in Ohio

The Cleveland-Cliffs Steel Corporation Thrift Plan a covers 2,781 participants in Ohio, 3.6x the typical Ohio plan (state average ~765 per filing). Assets: $732M.

#18,131
in Manufacturing (18,722 peers)
+12.3%
assets growth YoY
7.3×
vs typical plan assets (national mean)

The Cleveland-Cliffs Steel Corporation Thrift Plan a's outsized position by total assets

The Cleveland-Cliffs Steel Corporation Thrift Plan a vs every filed plan by assets

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

$732,243,018 Top 2% higher than 98% 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

The Cleveland-Cliffs Steel Corporation Thrift Plan a'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. The Cleveland-Cliffs Steel Corporation Thrift Plan a lands in the large band (2,781 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Cleveland-Cliffs Steel Corporation Thrift Plan a reported net income rose from -$157M in the plan year 2022 filing to $80M in the plan year 2023 filing.
  • The Cleveland-Cliffs Steel Corporation Thrift Plan a end-of-year assets rose from $652M in the plan year 2022 filing to $732M in the plan year 2023 filing.
  • The Cleveland-Cliffs Steel Corporation Thrift Plan a reported participants rose from 2,539 in the plan year 2022 filing to 2,781 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 311267098 · Cleveland-Cliffs Steel Corporation PY 2023 · 401(k)

The Cleveland-Cliffs Steel Corporation Thrift Plan a · $732M · 2,781 · 98th

  • 5500 $732M
  • 5500 2,781
  • 5500 98th
  • 5500 401(k)
  • 5500 near Forvis, LLP Employees' Savings Plan II
  • 5500 ind #18131

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 Ohio →

The Cleveland-Cliffs Steel Corporation Thrift Plan a in the asset neighbourhood

American Air Liquide Holdings, Inc. Enhanced Savings PlanAmerican Air Liquide Holding…$732MForvis, LLP Employees' Savings Plan IIForvis, LLP Employees' Savin…$732MThe Cleveland-Cliffs Steel Corporation Thrift Plan aThe Cleveland-Cliffs Steel C…$732MLennox International Inc. Merged Profit Sharing and 401(k) Retirement Plan for Salaried EmployeesLennox International Inc. Me…$732MFactset Research Systems Inc. PlanFactset Research Systems Inc…$731M
End-of-year total assets ($M) among The Cleveland-Cliffs Steel Corporation Thrift Plan a and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$652M
Net Assets (End of Year)$732M
Net Income$80M
Employer EIN311267098
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Steel Corporation)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$2.9B 21.0061458565702% vs 2022
2024 filing year
$2.2B$2.4B$2.6B$2.8B$3B 202220232024 $2.37B $2.86B ▲ +20.7%
Year Plans Participants Total Assets
2022 4 9,922 $2.4B
2023 4 10,419 $2.8B
2024 4 9,597 $2.9B

Nearby 401(k) Plans in Ohio

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

The Cleveland-Cliffs Steel Corporation Thrift Plan a vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Cleveland-Cliffs Steel Corporation Thrift Plan a, Total assets ($B): 0.732243018 · Participants: 2781The Cleveland-Cliffs Steel Corporation Thrift Plan aGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
The Cleveland-Cliffs Steel Corporation Thrift Plan a vs. nearby 401(k) plans in Ohio, assets vs. participants

The Cleveland-Cliffs Steel Corporation Thrift Plan a's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Forvis, LLP Employees' Savings Plan II in MO ($732M); by covered participants it is Kennametal Thrift Plus Plan in SC (2,781 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,781 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 The Cleveland-Cliffs Steel Corporation Thrift Plan a assets move in 2023?
The Cleveland-Cliffs Steel Corporation Thrift Plan a grew at a solid clip - up 12.3% during 2023, from $652M to $732M. Reported net income was $80M.
How have Cleveland-Cliffs Steel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Steel Corporation's sponsor-wide assets grew 21.0%, from $2.4B to $2.9B.
Where does The Cleveland-Cliffs Steel Corporation Thrift Plan a rank by assets among Form 5500 filers?
The Cleveland-Cliffs Steel Corporation Thrift Plan a ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Cleveland-Cliffs Steel Corporation Thrift Plan a?
Among 401(k) plans in other states, the closest by assets is Forvis, LLP Employees' Savings Plan II in MO ($732M, 3,386 participants).
Which 401(k) plans cover a similar participant headcount to The Cleveland-Cliffs Steel Corporation Thrift Plan a?
Among 401(k) plans in other states, the closest by covered participants is Kennametal Thrift Plus Plan in SC (2,781 participants, $572M in assets).