Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
THE CLEVELAND-CLIFFS IRON COMPANY
EIN 34-0677332consumer goodsLatest filing 2024
Plans
4
Retirement
2
$581.2M assets
Welfare
2
$153K premiums
Participants
5,139
200 PUBLIC SQUARE, SUITE 3300 - CLEVELAND, OH 441142315216-694-5505clevelandcliffs.comLinkedIn10001+ employeesconsumer goods
Retirement portfolio analytics
2 plans aggregated / $581.2M assets / 3,723 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
77%top
- THE BANK OF NEW YORK MELLON77%
- (Not disclosed)23%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $153K premiums / 934 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$153K
- Life$132K
Carrier market share
Premium dollars by Schedule A carrier
87%top
- METROPOLITAN LIFE INSURANCE COMPANY87%
- ANTHEM LIFE INSURANCE COMPANY13%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#004
PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS
TraditionalDB
Assets$448.0M
Participants2,878
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#020
SAVINGS PLAN FOR HOURLY EMPLOYEES OF EMPIRE IRON MINING PARTNERSHIP, TILDEN MINING COMPANY,L.C. AND THE CLEVELAND-CLIFFS IRON COMPANY
401k
Assets$133.2M
Participants845
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#504
PROGRAM OF INSURANCE BENEFITS FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$153K
Covered lives934
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501
SUPPLEMENTAL UNEMPLOYMENT BENEFIT PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMP
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 004 | PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS | TraditionalDB | $448.0M | 2,878 | 2024 | |
| 020 | SAVINGS PLAN FOR HOURLY EMPLOYEES OF EMPIRE IRON MINING PARTNERSHIP, TILDEN MINING COMPANY,L.C. AND THE CLEVELAND-CLIFFS IRON COMPANY | 401k | $133.2M | 845 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 504 | PROGRAM OF INSURANCE BENEFITS FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $153K | 934 | 2024 | |
| 501 | SUPPLEMENTAL UNEMPLOYMENT BENEFIT PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMP | Unknown | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans