401(k) · DOL Form 5500 · 2023

Hibbing Joint Venture Cliffs Mining Co, Managing Agent 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
503
Participants Below avg headcount
85th
Percentile by assets National rank
$93,292
Avg per participant Below avg balance/head
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Official DOL plan name: Savings Plan for Minnesota Represented Hourly Employees · Sponsored by Hibbing Joint Venture Cliffs Mining Co, Managing Agent · Ohio · Mining & Oil Extraction

$47M in assets, 503 participants

Hibbing Joint Venture Cliffs Mining Co, Managing Agent's Savings Plan for Minnesota Represented Hourly Employees reported $47M in total assets and 503 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #583 in Mining & Oil Extraction (811 peers)

Where Savings Plan for Minnesota Represented Hourly Employees sits by assets

Savings Plan for Minnesota Represented Hourly Employees sits in the top quartile of all filed plans by assets, $47M for 503 participants (~$93,292/participant), up 22.2% in 2023.

#583
in Mining & Oil Extraction (811 peers)
+22.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Savings Plan for Minnesota Represented Hourly Employees's outsized position by total assets

Savings Plan for Minnesota Represented Hourly Employees vs every filed plan by assets

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

$46,925,827 Top 15% higher than 85% 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

Savings Plan for Minnesota Represented Hourly Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Plan for Minnesota Represented Hourly Employees sits mid-pack in the medium band (503 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savings Plan for Minnesota Represented Hourly Employees reported net income rose from -$10M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Savings Plan for Minnesota Represented Hourly Employees end-of-year assets rose from $38M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Savings Plan for Minnesota Represented Hourly Employees reported participants rose from 485 in the plan year 2022 filing to 503 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 341120353 · Hibbing Joint Venture Cliffs Mining Co, Managing Agent PY 2023 · 401(k)

Savings Plan for Minnesota Represented Hourly Employees · $47M · 503 · 85th

  • PART $47M
  • TYPE 503
  • NET 85th
  • BOOK 401(k)
  • VS-ST near Healthcare Realty Trust Inc. 401(k) Profit Sharing Plan
  • BOY ind #583

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 Mining & Oil Extraction retirement plans → · Plans in Ohio →

Savings Plan for Minnesota Represented Hourly Employees in the asset neighbourhood

Savings Plan for Minnesota Represented Hourly EmployeesSavings Plan for Minnesota R…$47MHealthcare Realty Trust Inc. 401(k) Profit Sharing PlanHealthcare Realty Trust Inc.…$47MRhf Investments, Inc. 401(k) Savings PlanRhf Investments, Inc. 401(k)…$47MLoretto Employee 401(k) Savings PlanLoretto Employee 401(k) Savi…$47MKisinger Campo & Associates Corporation Savings PlanKisinger Campo & Associates …$47M
End-of-year total assets ($M) among Savings Plan for Minnesota Represented Hourly Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$47M
Net Income$9M
Employer EIN341120353
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hibbing Joint Venture Cliffs Mining Co, Managing Agent)

Sponsor-wide plan assets over time

All Hibbing Joint Venture Cliffs Mining Co, Managing Agent plans reported in each filing year

Latest sponsor-wide plan assets
$52M 35.76719777398402% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.4M $52.1M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 485 $38M
2023 1 503 $47M
2024 1 565 $52M

Nearby 401(k) Plans in Ohio

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

Savings Plan for Minnesota Represented Hourly Employees vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Savings Plan for Minnesota Represented Hourly Employees, Total assets ($B): 0.046925827 · Participants: 503Savings Plan for Minnesota Represented Hourly EmployeesGE 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
Savings Plan for Minnesota Represented Hourly Employees vs. nearby 401(k) plans in Ohio, assets vs. participants

Savings Plan for Minnesota Represented Hourly Employees's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Healthcare Realty Trust Inc. 401(k) Profit Sharing Plan in TN ($47M); by covered participants it is Ehpv 401(k) Plan in NE (503 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (503 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 Savings Plan for Minnesota Represented Hourly Employees assets move in 2023?
Savings Plan for Minnesota Represented Hourly Employees grew sharply - up 22.2% during 2023, from $38M to $47M. Reported net income was $9M.
How have Hibbing Joint Venture Cliffs Mining Co, Managing Agent plan assets changed over time?
Across 3 plan years on file (2022-2024), Hibbing Joint Venture Cliffs Mining Co, Managing Agent's sponsor-wide assets grew 35.8%, from $38M to $52M.
Where does Savings Plan for Minnesota Represented Hourly Employees rank by assets among Form 5500 filers?
Savings Plan for Minnesota Represented Hourly Employees ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Plan for Minnesota Represented Hourly Employees?
Among 401(k) plans in other states, the closest by assets is Healthcare Realty Trust Inc. 401(k) Profit Sharing Plan in TN ($47M, 571 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Minnesota Represented Hourly Employees?
Among 401(k) plans in other states, the closest by covered participants is Ehpv 401(k) Plan in NE (503 participants, $5M in assets).