401(k) · DOL Form 5500 · 2024
Northshore Mining Company 401(k) Plan
Data updated 2026-08-11
- $146M
- Total assets
- 577
- Participants
- 93rd
- Percentile by assets
- $252,184
- Avg per participant
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.
- 93rd percentile by assets (of 123,622 plans)
- #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.
- $146M
- total plan assets (2024 EOY)
- 577
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $252,184
- avg assets per participant
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.
Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan vs the 2024 asset distribution
By assets, Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $140M |
|---|---|
| Net Assets (End of Year) | $146M |
| Net Income | $5M |
| Employer EIN | 841116857 |
| Plan Effective Date | 1994-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northshore Mining Company)
| 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
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan by total assets, not by location.
- Non-Union Employees 401(k) Plan (MI) $146M · 839
- Boart Longyear Company 401(k) Savings Plan (UT) $146M · 1,113
- Elliott Davis 401(k) Retirement Plan (SC) $145M · 757
- Pinebridge 401(k) Retirement Savings Plan (NY) $145M · 255
Frequently Asked Questions
How did Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan assets move in 2024? ▼
How have Northshore Mining Company plan assets changed over time? ▼
Where does Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan? ▼
Next read for Northshore Mining Company and Silver Bay…
Scale reading
Ways to act on Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan's numbers.
- By total assets, Northshore Mining Company and Silver Bay Power Company Retirement Savings Plan ranks in the top 10% 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
- Northshore Mining Company's sponsor-wide assets have grown 18.8% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans