# The Cleveland-Cliffs Iron Company DB Plan
Source: https://planprovider.pro/companies/the-cleveland-cliffs-iron-company-plan

> The Cleveland-Cliffs Iron Company&#39;s DB plan: 685 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Cleveland-Cliffs Iron Company

- **Sponsor EIN:** 340677332

- **Sponsor Address:** 200 PUBLIC SQUARE, CLEVELAND, OH, 441142315

- **Plan Type:** DB

- **Total Participants:** 685

- **Total Assets:** $448.0M

## 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|685|$448.0M|$15.7M|$0|

| 2023|675|$427.3M|$11.8M|$0|

| 2022|726|$409.3M|$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|$900,354|—|$900,354|

| JP MORGAN INVESTMENT MANAGEMENT|NONE|$356,437|—|$356,437|

| WILLIS TOWERS WATSON US LLC|NONE|$235,424|—|$235,424|

| BNY MELLON|NONE|$135,731|—|$135,731|

| MEADEN & MOORE, LTD.|NONE|$14,000|—|$14,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [JP MORGAN INVESTMENT MANAGEMENT](https://planprovider.pro/provider/jp-morgan-asset-management) — NONE

- [WILLIS TOWERS WATSON US LLC](https://planprovider.pro/provider/lincoln-financial-group) — NONE

- [MEADEN & MOORE, LTD.](https://planprovider.pro/provider/meaden-and-moore-ltd) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,641,946

- **Estimated Expense Ratio:** 0.366% 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|$1,759,778|$1,256,791|—|$14,000|—|

| 2023|$2,355,831|$1,681,516|—|$13,250|—|

| 2022|$2,396,136|$1,736,744|—|—|$372,239|

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