Defined Benefit (Pension) · DOL Form 5500 · 2024

Cleveland-Cliffs Steel LLC Pension Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
N/A
Participants Small participant base
90th
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Retiree Pension Plan · Sponsored by Cleveland-Cliffs Steel LLC · Ohio · Manufacturing

$97M in assets, N/A participants

Cleveland-Cliffs Steel LLC's Retiree Pension Plan reported $97M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,200 in Manufacturing (17,777 peers)

Where Retiree Pension Plan sits by assets

Retiree Pension Plan sits in the top 10% of all filed plans by assets, $97M for N/A participants, down 12.4% in 2024.

#15,200
in Manufacturing (17,777 peers)
-12.4%
assets change YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retiree Pension Plan's outsized position by total assets

Retiree Pension Plan vs every filed plan by assets

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

$97,137,296 Top 10% higher than 90% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retiree Pension Plan reported net income fell from -$11M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
  • Retiree Pension Plan end-of-year assets fell from $111M in the plan year 2023 filing to $97M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 710871875 · Cleveland-Cliffs Steel LLC PY 2024 · Defined Benefit (Pension)

Retiree Pension Plan · $97M · N/A · 90th

  • EIN $97M
  • RANK N/A
  • PHOTO 90th
  • IND Defined Benefit (Pension)
  • EOY near Pressmens Publishers Pension Fund
  • 5500 ind #15200

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 Ohio →

Retiree Pension Plan in the asset neighbourhood

Aecom Pension Plan$97MRetiree Pension Plan$97MPressmens Publishers Pension FundPressmens Publishers Pension…$97MTwin Cities Bakery Drivers Pension PlanTwin Cities Bakery Drivers P…$97MIron Workers Local #397 Pension FundIron Workers Local #397 Pens…$97M
End-of-year total assets ($M) among Retiree Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$97M
Net Income-$14M
Employer EIN710871875
Plan Effective Date2017-12-31
Filing StatusFILING 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
$4.2B$4.4B$4.6B$4.8B$5B 202220232024 $4.42B $4.82B ▲ +9.0%
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 Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retiree Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Retiree Pension Plan, Total assets ($B): 0.097137296 · Participants: 0Retiree Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Retiree Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Retiree Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Ohio, the nearest Defined Benefit (Pension) by end-of-year assets is Pressmens Publishers Pension Fund in NY at $97M (this filing: $97M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($97M here).

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 Retiree Pension Plan assets move in 2024? ▼
Retiree Pension Plan pulled back noticeably - down 12.4% during 2024, from $111M to $97M. Reported net income was -$14M.
How have Cleveland-Cliffs Steel LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cleveland-Cliffs Steel LLC's sponsor-wide assets grew 9.1%, from $4.4B to $4.8B.
Where does Retiree Pension Plan rank by assets among Form 5500 filers? ▼
Retiree Pension Plan ranks in the 90th 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 Defined Benefit (Pension) plans are similar in size to Retiree Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pressmens Publishers Pension Fund in NY ($97M, N/A participants).