401(k) · DOL Form 5500 · 2023

Cleveland-Cliffs Inc. 401(k) Plan

Data updated 2026-08-25

$255M
Total assets Near avg plan size
709
Participants Below avg headcount
96th
Percentile by assets National rank
$359,963
Avg per participant High balance/head
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Official DOL plan name: Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan · Sponsored by Cleveland-Cliffs Inc. · Ohio · Mining & Oil Extraction

$255M in assets, 709 participants

Cleveland-Cliffs Inc.'s Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan reported $255M in total assets and 709 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

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

Where Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan sits by assets

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan sits in the top 5% of all filed plans by assets, $255M for 709 participants (~$359,963/participant), up 40.1% in 2023.

#742
in Mining & Oil Extraction (811 peers)
+40.1%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan's outsized position by total assets

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan vs every filed plan by assets

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

$255,213,735 Top 4% higher than 96% 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 Inc. & Its Associated Employers Salaried Employees Savings 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 Inc. & Its Associated Employers Salaried Employees Savings Plan sits mid-pack in the medium band (709 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan reported net income rose from -$54M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan end-of-year assets rose from $182M in the plan year 2022 filing to $255M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341464672 · Cleveland-Cliffs Inc. PY 2023 · 401(k)

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan · $255M · 709 · 96th

  • PCT $255M
  • PCT 709
  • PCT 96th
  • PCT 401(k)
  • PCT near West Virginia University Health System 401(k) Plan
  • PCT ind #742

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 →

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan in the asset neighbourhood

Ipg Photonics Corporation 401(k) Retirement PlanIpg Photonics Corporation 40…$255MWest Virginia University Health System 401(k) PlanWest Virginia University Hea…$255MCleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings PlanCleveland-Cliffs Inc. & Its …$255MNmb (USA) Inc. Retirement Savings Plus PlanNmb (USA) Inc. Retirement Sa…$255MCarrix, Inc. 401(k) Plan for Non-Union EmployeesCarrix, Inc. 401(k) Plan for…$255M
End-of-year total assets ($M) among Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$182M
Net Assets (End of Year)$255M
Net Income$38M
Employer EIN341464672
Plan Effective Date1968-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Inc.)

Sponsor-wide plan assets over time

All Cleveland-Cliffs Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$241M 47.355506663235744% vs 2022
2024 filing year
$200M$300M$400M$500M 202220232024 $458M $241M ▼ -47.4%
Year Plans Participants Total Assets
2022 2 1,725 $458M
2023 2 1,742 $255M
2024 1 1,178 $241M

Nearby 401(k) Plans in Ohio

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

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan, Total assets ($B): 0.255213735 · Participants: 709Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings PlanGE 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
Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan side-by-side with 3 peers →

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is West Virginia University Health System 401(k) Plan in WV ($255M); by covered participants it is M&m Transport Services, Inc. Retirement Savings Plan in MA (709 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (709 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 Inc. & Its Associated Employers Salaried Employees Savings Plan assets move in 2023? ▼
Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan surged - up 40.1% during 2023, from $182M to $255M. Reported net income was $38M.
How have Cleveland-Cliffs Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Inc.'s sponsor-wide assets declined 47.4%, from $458M to $241M.
Where does Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan rank by assets among Form 5500 filers? ▼
Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan ranks in the 96th 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 Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is West Virginia University Health System 401(k) Plan in WV ($255M, 2,525 participants).
Which 401(k) plans cover a similar participant headcount to Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is M&m Transport Services, Inc. Retirement Savings Plan in MA (709 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341464672.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.