Plan Snapshot
- Plan Sponsor: Cleveland-Cliffs INC.
- Sponsor EIN: 341464672
- Sponsor Address: 200 PUBLIC SQUARE, CLEVELAND, OH, 441142315
- Plan Type: DB
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $8.9M | $0 |
| 2022 | 1,033 | $276.1M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SEI INVESTMENT MANAGEMENT CORP | NONE | $929,325 | — | $929,325 |
| TOWERS WATSON DELAWARE INC. | NONE | $323,322 | — | $323,322 |
| JP MORGAN INVESTMENT MANAGEMENT | NONE | $258,226 | — | $258,226 |
| BNY MELLON | NONE | $122,897 | — | $122,897 |
| MEADEN & MOORE, LTD. | NONE | $12,550 | — | $12,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TOWERS WATSON DELAWARE INC. — NONE
- JP MORGAN INVESTMENT MANAGEMENT — NONE
- MEADEN & MOORE, LTD. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,646,320
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $3,570,421 | $1,125,811 | — | $12,550 | — |
| 2022 | $3,525,961 | $1,262,497 | — | — | $335,872 |