Cleveland-Cliffs Steel LLC Pension Plan — Form 5500 plan (Cleveland-Cliffs Steel LLC)
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, Cleveland-Cliffs Steel LLC Pension Plan is a benefit plan reported by Cleveland-Cliffs Steel LLC under EIN 71-0871875 and plan number 009. The latest loaded filing year is 2023. The filing reports 10,949 participants and $2,080,082,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cleveland-Cliffs Steel LLC
- EIN
- 71-0871875
- Plan number
- 009
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 10,949
- End-of-year plan assets
- $2,080,082,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10,949 | H, C | 20250303151157NAL0002881219001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,080,082,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,080,082,000
- Net assets (BOY)
- $2,062,123,000
Income & contributions
- Employer contributions
- $35,099,000
- Total contributions
- $35,099,000
- Total income / additions
- $253,130,000
Expenses & distributions
- Benefits paid
- $222,845,000
- Administrative expenses
- $12,326,000
- Total expenses
- $235,171,000
- Net increase / (decrease)
- $17,959,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aon | ADMINISTRATION | $680,000 | not reported in the loaded dataset | 2023 |
| The Bank Of New York Mellon | TRUSTEE & CUSTODIAN | $158,052 | not reported in the loaded dataset | 2023 |
| Grant Thornton | AUDITOR | $28,000 | not reported in the loaded dataset | 2023 |
| Designation | ADMINISTRATION | $15,799 | not reported in the loaded dataset | 2023 |
| Alight/Tempo Holding Company | LEGAL | $11,200 | not reported in the loaded dataset | 2023 |
| Transactis | ADMINISTRATION | $3,900 | not reported in the loaded dataset | 2023 |
| Qdro Consultants | 592377440 | $900 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cleveland-Cliffs Steel LLC
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Aon — Schedule C compensation
- The Bank Of New York Mellon — Schedule C compensation
- Grant Thornton — Schedule C compensation
- Designation — Schedule C compensation
- Alight/Tempo Holding Company — Schedule C compensation
- Transactis — Schedule C compensation
- Qdro Consultants — Schedule C compensation