401(k) · DOL Form 5500 · 2024

Cleveland-Cliffs Inc. 401(k) Plan

Data updated 2026-08-11

$241M
Total assets: 1,178
Participants: 95th
Percentile by assets: $204,840
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

$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.

95th percentile by assets (of 123,622 plans)
#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.

$241M
total plan assets (2024 EOY): 1,178
covered participants: 95th
percentile by assets (of 123,622 plans): $204,840
avg assets per participant

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

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 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 →

State

Ohio

Industry

Mining & Oil Extraction

Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan vs the 2024 asset distribution

By assets, Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$255M
Net Assets (End of Year)	$241M
Net Income	$26M
Employer EIN	341464672
Plan Effective Date	1968-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Inc.)

Total plan assets by year, all Cleveland-Cliffs Inc. plans on file

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 Aerospace Retirement Savings Plan $14.7B · 45,620
The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
The Progressive 401(k) Plan $11.5B · 62,521
The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
Parker Retirement Savings Plan $9.0B · 26,315

Compare Cleveland-Cliffs Inc. & Its Associated E… side-by-side with 3 peers →

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.

El Paso Electric Company Savings Plan (TX) $241M · 1,096
Specialtycare 401(k) Plan (TN) $241M · 1,814
Cars.Com, LLC 401(k) Retirement Plan (IL) $241M · 1,653
Transform 401(k) Savings Plan (IL) $242M · 11,711

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).

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

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 341464672.