Defined Benefit (Pension) · DOL Form 5500 · 2024
Cleveland-Cliffs Hibbing Management LLC Pension Plan
Data updated 2026-08-25
- $221M
- Total assets Near avg plan size
- 638
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $345,847
- Avg per participant High balance/head
Official DOL plan name: Cleveland-Cliffs Hibbing Management Pension Plan · Sponsored by Cleveland-Cliffs Hibbing Management LLC · Illinois · Manufacturing
$221M in assets, 638 participants
Cleveland-Cliffs Hibbing Management LLC's Cleveland-Cliffs Hibbing Management Pension Plan reported $221M in total assets and 638 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #16,318 in Manufacturing (17,777 peers)
Where Cleveland-Cliffs Hibbing Management Pension Plan sits by assets
Cleveland-Cliffs Hibbing Management Pension Plan sits in the top 5% of all filed plans by assets, $221M for 638 participants (~$345,847/participant), down 0.8% in 2024.
- #16,318
- in Manufacturing (17,777 peers)
- -0.8%
- assets change YoY
- 2.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cleveland-Cliffs Hibbing Management Pension Plan's outsized position by total assets
Cleveland-Cliffs Hibbing Management Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$220,650,403 Top 5% higher than 95% 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 Hibbing Management 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 Hibbing Management Pension Plan sits mid-pack in the medium band (638 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cleveland-Cliffs Hibbing Management Pension Plan reported net income fell from $6M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Cleveland-Cliffs Hibbing Management Pension Plan reported participants fell from 687 in the plan year 2023 filing to 638 in the plan year 2024 filing.
- Cleveland-Cliffs Hibbing Management Pension Plan end-of-year assets fell from $222M in the plan year 2023 filing to $221M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 834490897 · Cleveland-Cliffs Hibbing Management LLC PY 2024 · Defined Benefit (Pension)
Cleveland-Cliffs Hibbing Management Pension Plan · $221M · 638 · 95th
- BOY $221M
- BOY 638
- BOY 95th
- BOY Defined Benefit (Pension)
- BOY near Insurance Organizations Employees' Retirement Plan
- BOY ind #16318
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 Hibbing Management Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $222M |
|---|---|
| Net Assets (End of Year) | $221M |
| Net Income | -$2M |
| Employer EIN | 834490897 |
| Plan Effective Date | 1950-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cleveland-Cliffs Hibbing Management LLC)
Sponsor-wide plan assets over time
All Cleveland-Cliffs Hibbing Management LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $221M 2.0830185798619465% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 712 | $216M |
| 2023 | 1 | 687 | $222M |
| 2024 | 1 | 638 | $221M |
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 Hibbing Management Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Insurance Organizations Employees' Retirement Plan in MI ($221M); by covered participants it is Parker Health Group Inc. Pension Plan in NJ (639 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($221M here).
- Insurance Organizations Employees' Retirement Plan (MI) $221M · 611
- Contributory Defined Benefit Retirement Plan at Rensselaer Polytechnic Institute (NY) $221M · 57
- Group Pension Plan for Employees of Central Insurance Company (OH) $220M · 726
- O'melveny & Myers LLP Cash Balance Plan (CA) $221M · 243
Similar participant headcount
Nearest other-state filings by covered participants (638 participants); asset peers above are excluded.
- Parker Health Group Inc. Pension Plan (NJ) 639 · 1 off
- Sanoh America, Inc. Pension Plan for Hourly Employees (OH) 637 · 1 off
- Beebe Medical Center Pension Plan (DE) 639 · 1 off
- Teamsters' Construction Industry & Misc Pension Fund (PA) 639 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.