Cleveland-Cliffs Hibbing Management Pension Plan — Form 5500 plan (Cleveland-Cliffs Hibbing Management 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 Hibbing Management Pension Plan is a benefit plan reported by Cleveland-Cliffs Hibbing Management LLC under EIN 83-4490897 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,702 participants and $222,398,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cleveland-Cliffs Hibbing Management LLC
- EIN
- 83-4490897
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 1,702
- End-of-year plan assets
- $222,398,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,702 | H, C | 20241011162407NAL0037667104001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $222,398,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,398,000
- Net assets (BOY)
- $216,112,000
Income & contributions
- Employer contributions
- $4,415,000
- Total contributions
- $4,415,000
- Total income / additions
- $25,490,000
Expenses & distributions
- Benefits paid
- $17,583,000
- Administrative expenses
- $1,621,000
- Total expenses
- $19,204,000
- Net increase / (decrease)
- $6,286,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aon | ADMINISTRATION | $275,000 | not reported in the loaded dataset | 2023 |
| Grant Thornton | AUDITOR | $22,000 | not reported in the loaded dataset | 2023 |
| The Bank Of New York Mellon | TRUSTEE & CUSTODIAN | $21,000 | not reported in the loaded dataset | 2023 |
| Vedder Price | LEGAL | $9,000 | not reported in the loaded dataset | 2023 |
| Designation | ADMINISTRATION | $2,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cleveland-Cliffs Hibbing Management LLC
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Aon — Schedule C compensation
- Grant Thornton — Schedule C compensation
- The Bank Of New York Mellon — Schedule C compensation
- Vedder Price — Schedule C compensation
- Designation — Schedule C compensation