401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$52M
Total assets Below avg plan size
565
Participants Below avg headcount
85th
Percentile by assets National rank
$92,245
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

$52M in assets, 565 participants

Hibbing Joint Venture Cliffs Mining Co, Managing Agent's Savings Plan for Minnesota Represented Hourly Employees reported $52M in total assets and 565 participants in its 2024 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.

  • #566 in Mining & Oil Extraction (785 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, $52M for 565 participants (~$92,245/participant), up 11.1% in 2024.

#566
in Mining & Oil Extraction (785 peers)
+11.1%
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 2024 · DOL Form 5500

$52,118,616 Top 15% higher than 85% of 123,620 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 2024

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

Plan-year 2024 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 (565 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Savings Plan for Minnesota Represented Hourly Employees reported net income fell from $9M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Savings Plan for Minnesota Represented Hourly Employees reported participants rose from 503 in the plan year 2023 filing to 565 in the plan year 2024 filing.
  • Savings Plan for Minnesota Represented Hourly Employees end-of-year assets rose from $47M in the plan year 2023 filing to $52M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 341120353 · Hibbing Joint Venture Cliffs Mining Co, Managing Agent PY 2024 · 401(k)

Savings Plan for Minnesota Represented Hourly Employees · $52M · 565 · 85th

  • ASSETS $52M
  • PCT 565
  • EIN 85th
  • RANK 401(k)
  • PHOTO near United States Sugar Corporation 401(k) Savings Plan
  • IND ind #566

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

Bay Equity 401(k) Plan$52MSavings Plan for Minnesota Represented Hourly EmployeesSavings Plan for Minnesota R…$52MUnited States Sugar Corporation 401(k) Savings PlanUnited States Sugar Corporat…$52MKeiter, Stephens, Hurst, Gary & Shreaves 401(k) PlanKeiter, Stephens, Hurst, Gar…$52M401(k) Plan and Employees Trust of Oncology Hematology West, P. C.401(k) Plan and Employees Tr…$52M
End-of-year total assets ($M) among Savings Plan for Minnesota Represented Hourly Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$52M
Net Income$5M
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 -505101520 Total assets ($B) Participants Savings Plan for Minnesota Represented Hourly Employees, Total assets ($B): 0.052118616 · Participants: 565Savings Plan for Minnesota Represented Hourly EmployeesGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Savings Plan for Minnesota Represented Hourly Employees vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Savings Plan for Minnesota Represented Hourly Employees side-by-side with 3 peers →

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 United States Sugar Corporation 401(k) Savings Plan in FL ($52M); by covered participants it is Axis Communications, Inc. 401(k) Plan in MA (565 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (565 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Savings Plan for Minnesota Represented Hourly Employees grew at a solid clip - up 11.1% during 2024, from $47M to $52M. Reported net income was $5M.
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 123,622 plans that reported assets for plan year 2024 (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 United States Sugar Corporation 401(k) Savings Plan in FL ($52M, 1,269 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 Axis Communications, Inc. 401(k) Plan in MA (565 participants, $64M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341120353.

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.