401(k) · DOL Form 5500 · 2024

Cleveland-Cliffs Steel Corporation 401(k) Plan

Data updated 2026-08-11

$783M
Total assets
2,501
Participants
98th
Percentile by assets
$312,923
Avg per participant
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Official DOL plan name: The Cleveland-Cliffs Steel Corporation Thrift Plan a · Sponsored by Cleveland-Cliffs Steel Corporation · Ohio · Manufacturing

$783M in assets, 2,501 participants

Cleveland-Cliffs Steel Corporation's The Cleveland-Cliffs Steel Corporation Thrift Plan a reported $783M in total assets and 2,501 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #17,219 in Manufacturing (17,777 peers)

Coverage in Ohio

The Cleveland-Cliffs Steel Corporation Thrift Plan a covers 2,501 participants in Ohio, 3.3x the typical Ohio plan (state average ~765 per filing). Assets: $783M.

$783M
total plan assets (2024 EOY)
2,501
covered participants
98th
percentile by assets (of 123,622 plans)
$312,923
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Cleveland-Cliffs Steel Corporation Thrift Plan a reported net income fell from $80M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • The Cleveland-Cliffs Steel Corporation Thrift Plan a reported participants fell from 2,781 in the plan year 2023 filing to 2,501 in the plan year 2024 filing.
  • The Cleveland-Cliffs Steel Corporation Thrift Plan a end-of-year assets rose from $732M in the plan year 2023 filing to $783M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. The Cleveland-Cliffs Steel Corporation Thrift Plan a reports 2,501 participants - 3.3x that state average ($783M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$732M
Net Assets (End of Year)$783M
Net Income$50M
Employer EIN311267098
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleveland-Cliffs Steel Corporation)

$2.2B$2.4B$2.6B$2.8B$3B 202220232024 $2.37B $2.86B ▲ +20.7%
Total plan assets by year, all Cleveland-Cliffs Steel Corporation plans on file
Year Plans Participants Total Assets
2022 4 9,922 $2.4B
2023 4 10,419 $2.8B
2024 4 9,597 $2.9B

Nearby 401(k) Plans in Ohio

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

The Cleveland-Cliffs Steel Corporation Thrift Plan a vs. nearby 401(k) plans in Ohio, assets vs. participants

The Cleveland-Cliffs Steel Corporation Thrift Plan a vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants The Cleveland-Cliffs…GE Aerospace Retirem…The Kroger Co. 401(k…The Progressive 401(…The Sherwin-Williams…Parker Retirement Sa…
The Cleveland-Cliffs Steel Corporation Thrift Plan a vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Cleveland-Cliffs Steel Corporation Thrift Plan a by total assets, not by location.

Frequently Asked Questions

How did The Cleveland-Cliffs Steel Corporation Thrift Plan a assets move in 2024?
The Cleveland-Cliffs Steel Corporation Thrift Plan a grew at a solid clip - up 6.9% during 2024, from $732M to $783M. Reported net income was $50M.
How have Cleveland-Cliffs Steel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Steel Corporation's sponsor-wide assets grew 21.0%, from $2.4B to $2.9B.
Where does The Cleveland-Cliffs Steel Corporation Thrift Plan a rank by assets among Form 5500 filers?
The Cleveland-Cliffs Steel Corporation Thrift Plan a ranks in the 98th 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 The Cleveland-Cliffs Steel Corporation Thrift Plan a?
Among 401(k) plans in other states, the closest by assets is Baptist Health System, Inc. Matched Savings Plan in FL ($783M, 9,896 participants).

Next read for The Cleveland-Cliffs Steel Corporation T…

Filing takeaways

Ways to act on The Cleveland-Cliffs Steel Corporation Thrift Plan a's numbers.

  • By total assets, The Cleveland-Cliffs Steel Corporation Thrift Plan a 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 Steel Corporation's sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Manufacturing plans