2023 Form 5500 filing — Cleveland-Cliffs Steel LLC Hourly 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240923161459NAL0015754288001) for Cleveland-Cliffs Steel LLC Hourly 401(K) Plan, reported by Cleveland-Cliffs Steel LLC under EIN 71-0871875 and plan number 007. It reports 15,488 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.5BReported net assets$1,505,443,000
Participants15.5K15,488
Provider compensationNone reported4 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240923161459NAL0015754288001
Plan sponsor
Cleveland-Cliffs Steel LLC
EIN
71-0871875
Plan number
007
Location
Chicago, IL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.5B total assets
Net assets$1.5BLiabilities$0
Money in vs. money out
Total income / additions$322.3M
Total expenses$137.7M
Benefits paid / distributions$137.7M
Contributions
Employer$8.5M
Participant$97.9M
Full reported line items
Total assets (EOY)
$1,505,443,000
Total liabilities (EOY)
$0
Net assets (EOY)
$1,505,443,000
Employer contributions
$8,514,000
Participant contributions
$97,889,000
Total income / additions
$322,294,446
Benefits paid
$137,715,000
Administrative expenses
$0
Total expenses
$137,715,000
Net increase / (decrease)
$184,579,446
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    AUDITOR · Direct $29.4K
  2. 2
    INVESTMENT CONSULTANT · Direct $21.1K
  3. 3
    Alight$2.4K
    OTHER SERVICES · Direct $2.4K
  4. 4
    RECORDKEEPER · Direct -$667.1K

Related Form 5500 pages