Plan Snapshot
- Plan Sponsor: The Cleveland-Cliffs Iron Company
- Sponsor EIN: 340677332
- Sponsor Address: 200 PUBLIC SQUARE, CLEVELAND, OH, 441142315
- Plan Type: DC
- Total Participants: 750
- Total Assets: $133.2M
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. |
|---|---|---|---|---|
| 2024 | 750 | $133.2M | $239,266 | $5.6M |
| 2023 | 782 | $119.9M | $139,295 | $5.1M |
| 2022 | 768 | $103.0M | $77,490 | $5.0M |
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 |
|---|---|---|---|---|
| MEADEN AND MOORE, LTD | ACCOUNTANT | $9,300 | — | $9,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN AND MOORE, LTD — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,300
- Estimated Expense Ratio: 0.007% 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 | $12,864 | $3,564 | — | $9,300 | — |
| 2023 | $20,158 | $8,458 | — | $11,700 | — |
| 2022 | $20,254 | — | — | — | — |