Defined Benefit (Pension) · DOL Form 5500 · 2024
Cleveland-Cliffs Steel LLC Pension Plan
Data updated 2026-08-25
- $2.0B
- Total assets Very large vs avg
- 853
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $2.3M
- Avg per participant High balance/head
Official DOL plan name: Cleveland-Cliffs Steel LLC Pension Plan · Sponsored by Cleveland-Cliffs Steel LLC · Illinois · Manufacturing
$2.0B in assets, 853 participants
Cleveland-Cliffs Steel LLC's Cleveland-Cliffs Steel LLC Pension Plan reported $2.0B in total assets and 853 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #17,520 in Manufacturing (17,777 peers)
Where Cleveland-Cliffs Steel LLC Pension Plan sits by assets
Cleveland-Cliffs Steel LLC Pension Plan sits among the largest 1% of all filed plans, $2.0B for 853 participants (~$2.3M/participant), down 3.9% in 2024.
- #17,520
- in Manufacturing (17,777 peers)
- -3.9%
- assets change YoY
- 20×
- vs typical plan assets (national mean)
The plan reported a net loss of $82M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cleveland-Cliffs Steel LLC Pension Plan's outsized position by total assets
Cleveland-Cliffs Steel LLC Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,998,111,008 Top 1% higher than 99% 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 Steel LLC Pension 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. Cleveland-Cliffs Steel LLC Pension Plan sits mid-pack in the medium band (853 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cleveland-Cliffs Steel LLC Pension Plan reported net income fell from $18M in the plan year 2023 filing to -$82M in the plan year 2024 filing.
- Cleveland-Cliffs Steel LLC Pension Plan reported participants fell from 982 in the plan year 2023 filing to 853 in the plan year 2024 filing.
- Cleveland-Cliffs Steel LLC Pension Plan end-of-year assets fell from $2.1B in the plan year 2023 filing to $2.0B in the plan year 2024 filing.
DOL schedule card
Filing strip 710871875 · Cleveland-Cliffs Steel LLC PY 2024 · Defined Benefit (Pension)
Cleveland-Cliffs Steel LLC Pension Plan · $2.0B · 853 · 99th
- BOOK $2.0B
- VS-ST 853
- BOY 99th
- SCH Defined Benefit (Pension)
- EBSA near Cargill, Inc. and Associated Companies Salaried Employees Pension Plan
- PART ind #17520
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 Manufacturing retirement plans → · Plans in Illinois →
Cleveland-Cliffs Steel LLC Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$82M |
| Employer EIN | 710871875 |
| Plan Effective Date | 1950-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cleveland-Cliffs Steel LLC)
Sponsor-wide plan assets over time
All Cleveland-Cliffs Steel LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.8B 9.09063287726536% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 16,064 | $4.4B |
| 2023 | 4 | 17,325 | $4.7B |
| 2024 | 4 | 17,273 | $4.8B |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Cleveland-Cliffs Steel LLC Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Cargill, Inc. and Associated Companies Salaried Employees Pension Plan in MN ($2.0B); by covered participants it is Dynegy Pension Plan in TX (853 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.0B here).
- Cargill, Inc. and Associated Companies Salaried Employees Pension Plan (MN) $2.0B · 3,346
- United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan (GA) $2.0B · 4,790
- Idaho National Laboratory Employee Retirement Plan (ID) $2.0B · 930
- Twin City Carpenters and Joiners Pension Fund (MN) $2.0B · 6,440
Similar participant headcount
Nearest other-state filings by covered participants (853 participants); asset peers above are excluded.
- Dynegy Pension Plan (TX) 853 · 0 off
- United Association Local 7 Pension Plan (NY) 853 · 0 off
- Pension and Annuity Plan of the Bricklayers Pension Fund (NY) 852 · 1 off
- Iron Workers Pension Trust Fund for Colorado (CO) 854 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.