Plan Snapshot
- Plan Sponsor: Northshore Mining Company
- Sponsor EIN: 841116857
- Sponsor Address: 200 PUBLIC SQUARE, CLEVELAND, OH, 441142315
- Plan Type: 401(k)
- Total Participants: 546
- Total Assets: $145.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 546 | $145.5M | $1.7M | $5.3M |
| 2023 | 577 | $140.1M | $1.3M | $4.2M |
| 2022 | 574 | $122.5M | $1.1M | $3.4M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $49,015 | — | $49,015 |
| MEADEN & MOORE, LTD | ACCOUNTANT | $14,300 | — | $14,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- MEADEN & MOORE, LTD — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,315
- Estimated Expense Ratio: 0.044% of plan assets
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 |
|---|---|---|---|---|---|
| 2024 | $66,786 | $52,486 | — | $14,300 | — |
| 2023 | $53,207 | $38,225 | — | $13,600 | — |
| 2022 | $82,569 | $47,414 | — | — | — |