2023 Form 5500 filing — Cleveland-Cliffs Hibbing Management Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011162407NAL0037667104001) for Cleveland-Cliffs Hibbing Management Pension Plan, reported by Cleveland-Cliffs Hibbing Management LLC under EIN 83-4490897 and plan number 001. It reports 1,702 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011162407NAL0037667104001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cleveland-Cliffs Hibbing Management LLC
- EIN
- 83-4490897
- Plan number
- 001
- Location
- Chicago, IL
- Participants
- 1,702
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $222,398,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,398,000
- Employer contributions
- $4,415,000
- Total income / additions
- $25,490,000
- Benefits paid
- $17,583,000
- Administrative expenses
- $1,621,000
- Total expenses
- $19,204,000
- Net increase / (decrease)
- $6,286,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aon | ADMINISTRATION | $275,000 | not reported in the loaded dataset |
| Grant Thornton | AUDITOR | $22,000 | not reported in the loaded dataset |
| The Bank Of New York Mellon | TRUSTEE & CUSTODIAN | $21,000 | not reported in the loaded dataset |
| Vedder Price | LEGAL | $9,000 | not reported in the loaded dataset |
| Designation | ADMINISTRATION | $2,000 | not reported in the loaded dataset |