Cleveland-Cliffs Steel LLC Pension Plan

• Opportunity

  Low returns

  Annual investment return is in the bottom quintile of the peer cohort.

  Schedule H, line 2
• Informational

  Wind-down / frozen

  Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

  Lines 6a and 6g
• Informational

  Recently cancelled plan

  Plan reported a final filing / termination within the last year.

  Part I, line B

Industry

33 - Manufacturing

Plan type

Defined benefit

Participants

<25

Cohort

1,321 peers

Snapshot

2025

• 1B
  Benefits are primarily flat dollar

  Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
• 1C
  Cash balance or similar plan

  A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
• 3F
  Leased employees

  Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
• 3H
  Controlled group member

  Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

This is a legacy paper filing. The plan administrator and contact details are only in the original filing. We have not converted them into data fields.