401(k) · DOL Form 5500 · 2024

Northshore Mining Company 401(k) Plan

Data updated 2026-08-25

$146M
Total assets Near avg plan size
577
Participants Below avg headcount
93rd
Percentile by assets National rank
$252,184
Avg per participant Above avg balance/head
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Official DOL plan name: Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan · Sponsored by Northshore Mining Company · Ohio · Mining & Oil Extraction

$146M in assets, 577 participants

Northshore Mining Company's Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan reported $146M in total assets and 577 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #678 in Mining & Oil Extraction (785 peers)

Where Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits by assets

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits in the top 10% of all filed plans by assets, $146M for 577 participants (~$252,184/participant), up 3.9% in 2024.

#678
in Mining & Oil Extraction (785 peers)
+3.9%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan's outsized position by total assets

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$145,510,065 Top 7% higher than 93% 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

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan 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. Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan sits mid-pack in the medium band (577 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan reported net income fell from $18M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan end-of-year assets rose from $140M in the plan year 2023 filing to $146M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 841116857 · Northshore Mining Company PY 2024 · 401(k)

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan · $146M · 577 · 93rd

  • EOY $146M
  • EOY 577
  • EOY 93rd
  • EOY 401(k)
  • EOY near Non-Union Employees 401(k) Plan
  • EOY ind #678

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 →

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan in the asset neighbourhood

Boart Longyear Company 401(k) Savings PlanBoart Longyear Company 401(k…$146MNon-Union Employees 401(k) PlanNon-Union Employees 401(k) P…$146MNorthshore Mining Company and Silver Bay Power Company Retirement Savings PlanNorthshore Mining Company an…$146MElliott Davis 401(k) Retirement PlanElliott Davis 401(k) Retirem…$145MPinebridge 401(k) Retirement Savings PlanPinebridge 401(k) Retirement…$145M
End-of-year total assets ($M) among Northshore Mining Company and Silver Bay Power Company Retirement 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)$140M
Net Assets (End of Year)$146M
Net Income$5M
Employer EIN841116857
Plan Effective Date1994-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northshore Mining Company)

Sponsor-wide plan assets over time

All Northshore Mining Company plans reported in each filing year

Latest sponsor-wide plan assets
$146M 18.806921521102847% vs 2022
2024 filing year
$120M$130M$140M$150M 202220232024 $122M $146M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 612 $122M
2023 1 574 $140M
2024 1 577 $146M

Nearby 401(k) Plans in Ohio

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

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan, Total assets ($B): 0.145510065 · Participants: 577Northshore Mining Company and Silver Bay Power Company Retirement 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
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Non-Union Employees 401(k) Plan in MI ($146M); by covered participants it is Azelis Americas, LLC 401(k) Retirement Plan in MA (577 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($146M here).

Similar participant headcount

Nearest other-state filings by covered participants (577 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 Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan assets move in 2024? ▼
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan edged up modestly - up 3.9% during 2024, from $140M to $146M. Reported net income was $5M.
How have Northshore Mining Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northshore Mining Company's sponsor-wide assets grew 18.8%, from $122M to $146M.
Where does Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Non-Union Employees 401(k) Plan in MI ($146M, 839 participants).
Which 401(k) plans cover a similar participant headcount to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Azelis Americas, LLC 401(k) Retirement Plan in MA (577 participants, $92M in assets).