401(k) · DOL Form 5500 · 2023

Cleveland-Cliffs Steel Corporation 401(k) Plan

Data updated 2026-08-25

$536M
Total assets Above avg plan size
5,824
Participants Above avg headcount
98th
Percentile by assets National rank
$92,095
Avg per participant Below avg balance/head
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Official DOL plan name: The Cleveland-Cliffs Steel Corporation Thrift Plan C · Sponsored by Cleveland-Cliffs Steel Corporation · Ohio · Manufacturing

$536M in assets, 5,824 participants

Cleveland-Cliffs Steel Corporation's The Cleveland-Cliffs Steel Corporation Thrift Plan C reported $536M in total assets and 5,824 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.

  • #17,979 in Manufacturing (18,722 peers)

Coverage in Ohio

The Cleveland-Cliffs Steel Corporation Thrift Plan C covers 5,824 participants in Ohio, 7.6x the typical Ohio plan (state average ~765 per filing). Assets: $536M.

#17,979
in Manufacturing (18,722 peers)
+13.0%
assets growth YoY
5.4×
vs typical plan assets (national mean)

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

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

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

$536,360,297 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 C'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 C lands in the large band (5,824 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Cleveland-Cliffs Steel Corporation Thrift Plan C reported net income rose from -$98M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • The Cleveland-Cliffs Steel Corporation Thrift Plan C end-of-year assets rose from $475M in the plan year 2022 filing to $536M in the plan year 2023 filing.
  • The Cleveland-Cliffs Steel Corporation Thrift Plan C reported participants rose from 5,455 in the plan year 2022 filing to 5,824 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 C · $536M · 5,824 · 98th

  • TYPE $536M
  • NET 5,824
  • BOOK 98th
  • VS-ST 401(k)
  • BOY near Atlassian 401(k) Plan
  • SCH ind #17979

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 C in the asset neighbourhood

Tp Icap 401(k) Plan$537MStoel Rives Retirement Plan$537MAtlassian 401(k) Plan$536MThe Cleveland-Cliffs Steel Corporation Thrift Plan CThe Cleveland-Cliffs Steel C…$536MLendlease 401(k) Plan$536M
End-of-year total assets ($M) among The Cleveland-Cliffs Steel Corporation Thrift Plan C and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$475M
Net Assets (End of Year)$536M
Net Income$62M
Employer EIN311267098
Plan Effective Date1979-01-01
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 C vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Cleveland-Cliffs Steel Corporation Thrift Plan C, Total assets ($B): 0.536360297 · Participants: 5824The Cleveland-Cliffs Steel Corporation Thrift Plan CGE 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 C vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for The Cleveland-Cliffs Steel Corporation Thrift Plan C

The Cleveland-Cliffs Steel Corporation Thrift Plan C reports $536M in end-of-year assets across 5,824 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $92,095 per participant (67% of the national average assets-per-participant) . Net income for plan year 2023 was $62M.

This plan identity (EIN 311267098, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $475M to $604M (+27.2%) while covered participants moved from 5,455 to 4,363 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,455 $475M Open filing
2023 5,824 $536M This page
2024 · index core 4,363 $604M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

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

Outside Ohio, the nearest 401(k) by assets is Atlassian 401(k) Plan in CA ($536M); by covered participants it is The Carefirst 401(k) Plan in MD (5,822 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($536M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,824 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 C assets move in 2023? ▼
The Cleveland-Cliffs Steel Corporation Thrift Plan C grew at a solid clip - up 13.0% during 2023, from $475M to $536M. Reported net income was $62M.
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 C rank by assets among Form 5500 filers? ▼
The Cleveland-Cliffs Steel Corporation Thrift Plan C 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 C? ▼
Among 401(k) plans in other states, the closest by assets is Atlassian 401(k) Plan in CA ($536M, 4,289 participants).
Which 401(k) plans cover a similar participant headcount to The Cleveland-Cliffs Steel Corporation Thrift Plan C? ▼
Among 401(k) plans in other states, the closest by covered participants is The Carefirst 401(k) Plan in MD (5,822 participants, $920M in assets).