401(k) · DOL Form 5500 · 2024

Cleveland-Cliffs Inc. 401(k) Plan

Data updated 2026-08-25

$241M
Total assets Near avg plan size
1,178
Participants Near avg headcount
95th
Percentile by assets National rank
$204,840
Avg per participant Above avg 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

$241M in assets, 1,178 participants

Cleveland-Cliffs Inc.'s Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan reported $241M in total assets and 1,178 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #710 in Mining & Oil Extraction (785 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, $241M for 1,178 participants (~$204,840/participant), down 5.5% in 2024.

#710
in Mining & Oil Extraction (785 peers)
-5.5%
assets change YoY
2.4×
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 2024 · DOL Form 5500

$241,301,834 Top 5% higher than 95% 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

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 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 lands in the large band (1,178 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan reported participants rose from 709 in the plan year 2023 filing to 1,178 in the plan year 2024 filing.
  • Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan reported net income fell from $38M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan end-of-year assets fell from $255M in the plan year 2023 filing to $241M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 341464672 · Cleveland-Cliffs Inc. PY 2024 · 401(k)

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan · $241M · 1,178 · 95th

  • EBSA $241M
  • EBSA 1,178
  • EBSA 95th
  • EBSA 401(k)
  • EBSA near El Paso Electric Company Savings Plan
  • EBSA ind #710

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

Transform 401(k) Savings Plan$242MSpecialtycare 401(k) Plan$241MCleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings PlanCleveland-Cliffs Inc. & Its …$241MEl Paso Electric Company Savings PlanEl Paso Electric Company Sav…$241MCars.Com, LLC 401(k) Retirement PlanCars.Com, LLC 401(k) Retirem…$241M
End-of-year total assets ($M) among Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$255M
Net Assets (End of Year)$241M
Net Income$26M
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 -505101520 Total assets ($B) Participants Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan, Total assets ($B): 0.241301834 · Participants: 1178Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings PlanGE 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
Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

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 El Paso Electric Company Savings Plan in TX ($241M); by covered participants it is Radian Group Inc. Savings Incentive Plan in PA (1,178 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($241M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,178 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 Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan assets move in 2024? ▼
Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan pulled back noticeably - down 5.5% during 2024, from $255M to $241M. Reported net income was $26M.
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 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 El Paso Electric Company Savings Plan in TX ($241M, 1,096 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 Radian Group Inc. Savings Incentive Plan in PA (1,178 participants, $333M in assets).