Defined Benefit (Pension) · DOL Form 5500 · 2024
Cleveland-Cliffs Steel LLC Pension Plan
Data updated 2026-08-11
- $97M
- Total assets
- N/A
- Participants
- 90th
- Percentile by assets
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.
- 90th percentile by assets (of 123,622 plans)
- #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.
- $97M
- total plan assets (2024 EOY)
- N/A
- covered participants
- 90th
- percentile by assets (of 123,622 plans)
- -12.4%
- assets change YoY
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.
Where Retiree Pension Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Retiree Pension Plan vs the 2024 asset distribution
By assets, Retiree Pension Plan outranks 90% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $111M |
|---|---|
| Net Assets (End of Year) | $97M |
| Net Income | -$14M |
| Employer EIN | 710871875 |
| Plan Effective Date | 2017-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cleveland-Cliffs Steel LLC)
| 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
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retiree Pension Plan by total assets, not by location.
- Pressmens Publishers Pension Fund (NY) $97M · N/A
- Twin Cities Bakery Drivers Pension Plan (MN) $97M · 251
- Iron Workers Local #397 Pension Fund (TN) $97M · 653
- Aecom Pension Plan (TX) $97M · 122
Frequently Asked Questions
How did Retiree Pension Plan assets move in 2024? ▼
How have Cleveland-Cliffs Steel LLC plan assets changed over time? ▼
Where does Retiree Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retiree Pension Plan? ▼
Next read for Retiree Pension Plan
Scale reading
Ways to act on Retiree Pension Plan's numbers.
- By total assets, Retiree Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
- Cleveland-Cliffs Steel LLC's sponsor-wide assets have grown 9.1% since 2022 across 3 plan years on file. More Manufacturing plans