401(k) · DOL Form 5500 · 2023
Cleveland-Cliffs Inc. 401(k) Plan
Data updated 2026-08-11
- $255M
- Total assets
- 709
- Participants
- 96th
- Percentile by assets
- $359,963
- Avg per participant
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.
- 96th percentile by assets (of 127,072 plans)
- #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.
- $255M
- total plan assets (2023 EOY)
- 709
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $359,963
- avg assets per participant
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.
Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan vs the 2023 asset distribution
By assets, Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $182M |
|---|---|
| Net Assets (End of Year) | $255M |
| Net Income | $38M |
| Employer EIN | 341464672 |
| Plan Effective Date | 1968-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cleveland-Cliffs Inc.)
| 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
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan by total assets, not by location.
- West Virginia University Health System 401(k) Plan (WV) $255M · 2,525
- Ipg Photonics Corporation 401(k) Retirement Plan (MA) $255M · 2,177
- Nmb (USA) Inc. Retirement Savings Plus Plan (NH) $255M · 1,229
- Carrix, Inc. 401(k) Plan for Non-Union Employees (WA) $255M · 1,498
Frequently Asked Questions
How did Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan assets move in 2023? ▼
How have Cleveland-Cliffs Inc. plan assets changed over time? ▼
Where does Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Cleveland-Cliffs Inc. & Its Associated E…
Scale reading
Ways to act on Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan's numbers.
- By total assets, Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- Cleveland-Cliffs Inc.'s sponsor-wide assets have declined 47.4% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans