Pension Plan For Hourly Employees Of The Cleveland-Cliffs Iron Company And Its Associated Employers — Form 5500 plan (The Cleveland-Cliffs Iron Company)
Plain-English plan 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, Pension Plan For Hourly Employees Of The Cleveland-Cliffs Iron Company And Its Associated Employers is a benefit plan reported by The Cleveland-Cliffs Iron Company under EIN 34-0677332 and plan number 004. The latest loaded filing year is 2023. The filing reports 2,936 participants and $427,311,658 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Cleveland-Cliffs Iron Company
- EIN
- 34-0677332
- Plan number
- 004
- Plan type
- 2
- Location
- Cleveland, OH
- Latest filing year
- 2023
- Participants
- 2,936
- End-of-year plan assets
- $427,311,658
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,936 | H, C | 20241014081708NAL0051532642001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $427,311,658
- Net assets (EOY)
- $427,311,658
- Net assets (BOY)
- $409,263,874
Income & contributions
- Employer contributions
- $11,810,000
- Total contributions
- $11,810,000
- Total income / additions
- $56,762,048
Expenses & distributions
- Benefits paid
- $36,358,433
- Administrative expenses
- $2,355,831
- Total expenses
- $38,714,264
- Net increase / (decrease)
- $18,047,784
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sei Investment Management Corp | NONE | $1,293,700 | $0 | 2023 |
| Jp Morgan Investment Management | NONE | $420,531 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | NONE | $372,533 | not reported in the loaded dataset | 2023 |
| Bny Mellon | NONE | $153,055 | $0 | 2023 |
| Meaden & Moore, Ltd. | NONE | $13,250 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Cleveland-Cliffs Iron Company
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Cleveland, OH
- Sei Investment Management Corp — Schedule C compensation
- Jp Morgan Investment Management — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Bny Mellon — Schedule C compensation
- Meaden & Moore, Ltd. — Schedule C compensation