Defined Benefit (Pension) · DOL Form 5500 · 2023
Cleveland-Cliffs Steel LLC Pension Plan
Data updated 2026-08-25
- $2.1B
- Total assets Very large vs avg
- 982
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $2.1M
- Avg per participant High balance/head
Official DOL plan name: Cleveland-Cliffs Steel LLC Pension Plan · Sponsored by Cleveland-Cliffs Steel LLC · Illinois · Manufacturing
$2.1B in assets, 982 participants
Cleveland-Cliffs Steel LLC's Cleveland-Cliffs Steel LLC Pension Plan reported $2.1B in total assets and 982 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.
- #18,487 in Manufacturing (18,722 peers)
Where Cleveland-Cliffs Steel LLC Pension Plan sits by assets
Cleveland-Cliffs Steel LLC Pension Plan sits among the largest 1% of all filed plans, $2.1B for 982 participants (~$2.1M/participant), up 0.9% in 2023.
- #18,487
- in Manufacturing (18,722 peers)
- +0.9%
- assets growth YoY
- 21×
- vs typical plan assets (national mean)
Cleveland-Cliffs Steel LLC Pension Plan's outsized position by total assets
Cleveland-Cliffs Steel LLC Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,080,082,000 Top 1% higher than 99% of 127,068 filed plans
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 Pension Plan 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. Cleveland-Cliffs Steel LLC Pension Plan sits mid-pack in the medium band (982 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Cleveland-Cliffs Steel LLC Pension Plan reported net income rose from -$609M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Cleveland-Cliffs Steel LLC Pension Plan end-of-year assets rose from $2.1B in the plan year 2022 filing to $2.1B in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 710871875 · Cleveland-Cliffs Steel LLC PY 2023 · Defined Benefit (Pension)
Cleveland-Cliffs Steel LLC Pension Plan · $2.1B · 982 · 99th
- IND $2.1B
- IND 982
- IND 99th
- IND Defined Benefit (Pension)
- IND near The Northwestern Mutual Life Insurance Company Agents Retirement Plan
- IND ind #18487
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 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | $18M |
| Employer EIN | 710871875 |
| Plan Effective Date | 1950-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 16,064 | $4.4B |
| 2023 | 4 | 17,325 | $4.7B |
| 2024 | 4 | 17,273 | $4.8B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
Cleveland-Cliffs Steel LLC Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is The Northwestern Mutual Life Insurance Company Agents Retirement Plan in WI ($2.1B); by covered participants it is Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates in (982 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.1B here).
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan (WI) $2.1B · 7,368
- Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee (TN) $2.1B · 2,710
- Local 804 I.B.T. and Local 447 I.a.M. - UPS Multi-Employer Retirement Plan (GA) $2.1B · 6,026
- Celanese Americas Retirement Pension Plan (TX) $2.1B · 1,192
Similar participant headcount
Nearest other-state filings by covered participants (982 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.