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Plan Name | PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS |
Plan identification number | 004 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | THE CLEVELAND-CLIFFS IRON COMPANY |
Employer identification number (EIN): | 340677332 |
NAIC Classification: | 212200 |
NAIC Description: | Metal Ore Mining |
Additional information about THE CLEVELAND-CLIFFS IRON COMPANY
Jurisdiction of Incorporation: | Ohio Secretary of State Business Services Division |
Incorporation Date: | 1947-07-09 |
Company Identification Number: | 202934 |
Legal Registered Office Address: |
200 PUBLIC SQUARE - CLEVELAND United States of America (USA) 44114 |
More information about THE CLEVELAND-CLIFFS IRON COMPANY
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
004 | 2022-01-01 | KURT J. HOLLAND | 2023-10-13 | KURT J. HOLLAND | 2023-10-13 |
004 | 2021-01-01 | KURT J. HOLLAND | 2022-10-14 | KURT J. HOLLAND | 2022-10-14 |
004 | 2020-01-01 | KURT J. HOLLAND | 2021-10-12 | KURT J. HOLLAND | 2021-10-12 |
004 | 2019-01-01 | KURT J. HOLLAND | 2020-10-14 | KURT J. HOLLAND | 2020-10-14 |
004 | 2019-01-01 | KURT J. HOLLAND | 2021-10-12 | KURT J. HOLLAND | 2021-10-12 |
004 | 2018-01-01 | KURT J. HOLLAND | 2019-10-09 | KURT J. HOLLAND | 2019-10-09 |
004 | 2017-01-01 | ||||
004 | 2016-01-01 | ||||
004 | 2015-01-01 | ||||
004 | 2014-01-01 | ||||
004 | 2013-01-01 | KURT J. HOLLAND | |||
004 | 2012-01-01 | KURT J. HOLLAND | |||
004 | 2011-01-01 | K.J.HOLLAND, DIRECTOR-BENEFITS | K.J.HOLLAND, DIRECTOR-BENEFITS | 2012-10-05 | |
004 | 2009-01-01 | K.J.HOLLAND, DIRECTOR-BENEFITS | K.J.HOLLAND, DIRECTOR-BENEFITS | 2010-10-14 |
Measure | Date | Value |
---|---|---|
2022: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2022 401k membership | ||
Market value of plan assets | 2022-12-31 | 507,976,025 |
Acturial value of plan assets | 2022-12-31 | 498,958,926 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 364,245,366 |
Number of terminated vested participants | 2022-12-31 | 244 |
Fundng target for terminated vested participants | 2022-12-31 | 11,966,905 |
Active participant vested funding target | 2022-12-31 | 85,109,787 |
Number of active participants | 2022-12-31 | 715 |
Total funding liabilities for active participants | 2022-12-31 | 99,567,594 |
Total participant count | 2022-12-31 | 2,947 |
Total funding target for all participants | 2022-12-31 | 475,779,865 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 14,635,507 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 10,943,697 |
Amount remaining of carryover balance | 2022-12-31 | 3,691,810 |
Balance of carryovers at beginning of current year | 2022-12-31 | 4,286,191 |
Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 6,833,479 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 2,947 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 726 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 1,517 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 233 |
Total of all active and inactive participants | 2022-01-01 | 2,476 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 460 |
Total participants | 2022-01-01 | 2,936 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 1 |
2021: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2021 401k membership | ||
Market value of plan assets | 2021-12-31 | 471,316,756 |
Acturial value of plan assets | 2021-12-31 | 447,568,980 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 366,765,433 |
Number of terminated vested participants | 2021-12-31 | 258 |
Fundng target for terminated vested participants | 2021-12-31 | 12,846,032 |
Active participant vested funding target | 2021-12-31 | 79,517,441 |
Number of active participants | 2021-12-31 | 745 |
Total funding liabilities for active participants | 2021-12-31 | 93,244,615 |
Total participant count | 2021-12-31 | 3,016 |
Total funding target for all participants | 2021-12-31 | 472,856,080 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 26,400,087 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 13,313,976 |
Amount remaining of carryover balance | 2021-12-31 | 13,086,111 |
Balance of carryovers at beginning of current year | 2021-12-31 | 14,635,507 |
Balance of prefunding at beginning of current year | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 6,554,949 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 39,922,607 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 10,943,697 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 10,943,697 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 3,016 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 715 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 1,531 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 240 |
Total of all active and inactive participants | 2021-01-01 | 2,486 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 461 |
Total participants | 2021-01-01 | 2,947 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2020 401k membership | ||
Market value of plan assets | 2020-12-31 | 455,202,332 |
Acturial value of plan assets | 2020-12-31 | 444,898,106 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 367,443,746 |
Number of terminated vested participants | 2020-12-31 | 296 |
Fundng target for terminated vested participants | 2020-12-31 | 13,823,302 |
Active participant vested funding target | 2020-12-31 | 80,028,683 |
Number of active participants | 2020-12-31 | 757 |
Total funding liabilities for active participants | 2020-12-31 | 98,883,369 |
Total participant count | 2020-12-31 | 3,071 |
Total funding target for all participants | 2020-12-31 | 480,150,417 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 38,301,274 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 15,378,562 |
Amount remaining of carryover balance | 2020-12-31 | 22,922,712 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 26,400,087 |
Balance of prefunding at beginning of current year | 2020-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 7,159,746 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 61,652,398 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 13,313,976 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 13,313,976 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 3,071 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 745 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 1,560 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 254 |
Total of all active and inactive participants | 2020-01-01 | 2,559 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 457 |
Total participants | 2020-01-01 | 3,016 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 1 |
2019: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2019 401k membership | ||
Market value of plan assets | 2019-12-31 | 429,407,088 |
Acturial value of plan assets | 2019-12-31 | 444,632,768 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 382,811,842 |
Number of terminated vested participants | 2019-12-31 | 313 |
Fundng target for terminated vested participants | 2019-12-31 | 14,709,341 |
Active participant vested funding target | 2019-12-31 | 80,208,874 |
Number of active participants | 2019-12-31 | 771 |
Total funding liabilities for active participants | 2019-12-31 | 98,005,029 |
Total participant count | 2019-12-31 | 3,143 |
Total funding target for all participants | 2019-12-31 | 495,526,212 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 134,837,163 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 6,453,955 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 128,383,208 |
Amount remaining of prefunding balance | 2019-12-31 | 0 |
Present value of excess contributions | 2019-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 85,357,432 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 38,301,274 |
Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 7,131,811 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 89,194,718 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 21,624,860 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 21,624,860 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 3,143 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 757 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 1,561 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 282 |
Total of all active and inactive participants | 2019-01-01 | 2,600 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 471 |
Total participants | 2019-01-01 | 3,071 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 483,003,798 |
Acturial value of plan assets | 2018-12-31 | 487,321,349 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 368,420,763 |
Number of terminated vested participants | 2018-12-31 | 239 |
Fundng target for terminated vested participants | 2018-12-31 | 10,596,731 |
Active participant vested funding target | 2018-12-31 | 77,838,301 |
Number of active participants | 2018-12-31 | 887 |
Total funding liabilities for active participants | 2018-12-31 | 93,120,496 |
Total participant count | 2018-12-31 | 3,231 |
Total funding target for all participants | 2018-12-31 | 472,137,990 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 134,837,163 |
Amount remaining of carryover balance | 2018-12-31 | 134,837,163 |
Balance of carryovers at beginning of current year | 2018-12-31 | 134,837,163 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 6,453,955 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 6,453,955 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 6,453,955 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 3,231 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 771 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 1,579 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 309 |
Total of all active and inactive participants | 2018-01-01 | 2,659 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 484 |
Total participants | 2018-01-01 | 3,143 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2017 401k membership | ||
Current value of assets | 2017-12-31 | 443,634,851 |
Acturial value of assets for funding standard account | 2017-12-31 | 444,125,435 |
Accrued liability for plan using immediate gains methods | 2017-12-31 | 413,929,707 |
Accrued liability under unit credit cost method | 2017-12-31 | 394,774,495 |
RPA 94 current liability | 2017-12-31 | 633,136,049 |
Expected increase in current liability due to benefits accruing during the plan year | 2017-12-31 | 11,285,564 |
Expected release from RPA 94 current liability for plan year | 2017-12-31 | 36,426,816 |
Expected plan disbursements for the plan year | 2017-12-31 | 36,426,816 |
Current value of assets | 2017-12-31 | 443,634,851 |
Number of retired participants and beneficiaries receiving payment | 2017-12-31 | 2,115 |
Current liability for retired participants and beneficiaries receiving payment | 2017-12-31 | 461,137,977 |
Number of terminated vested participants | 2017-12-31 | 233 |
Current liability for terminated vested participants | 2017-12-31 | 15,456,079 |
Current liability for active participants non vested benefits | 2017-12-31 | 19,166,389 |
Current liability for active participants vested benefits | 2017-12-31 | 137,375,604 |
Total number of active articipats | 2017-12-31 | 943 |
Current liability for active participants | 2017-12-31 | 156,541,993 |
Total participant count with liabilities | 2017-12-31 | 3,291 |
Total current liabilitoes for participants with libailities | 2017-12-31 | 633,136,049 |
Total employer contributions in plan year | 2017-12-31 | 10,478,899 |
Employer’s normal cost for plan year as of valuation date | 2017-12-31 | 3,108,704 |
Prior year credit balance | 2017-12-31 | 138,023,759 |
Amortization credits as of valuation date | 2017-12-31 | 11,699,094 |
Total participants, beginning-of-year | 2017-01-01 | 3,291 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 887 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 1,601 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 234 |
Total of all active and inactive participants | 2017-01-01 | 2,722 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 509 |
Total participants | 2017-01-01 | 3,231 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2016 401k membership | ||
Current value of assets | 2016-12-31 | 436,677,328 |
Acturial value of assets for funding standard account | 2016-12-31 | 441,607,447 |
Accrued liability for plan using immediate gains methods | 2016-12-31 | 409,129,968 |
Accrued liability under unit credit cost method | 2016-12-31 | 393,060,385 |
RPA 94 current liability | 2016-12-31 | 604,024,520 |
Expected increase in current liability due to benefits accruing during the plan year | 2016-12-31 | 11,368,380 |
Expected release from RPA 94 current liability for plan year | 2016-12-31 | 35,574,400 |
Expected plan disbursements for the plan year | 2016-12-31 | 35,574,400 |
Current value of assets | 2016-12-31 | 436,677,328 |
Number of retired participants and beneficiaries receiving payment | 2016-12-31 | 2,094 |
Current liability for retired participants and beneficiaries receiving payment | 2016-12-31 | 442,586,160 |
Number of terminated vested participants | 2016-12-31 | 190 |
Current liability for terminated vested participants | 2016-12-31 | 11,174,445 |
Current liability for active participants non vested benefits | 2016-12-31 | 20,382,551 |
Current liability for active participants vested benefits | 2016-12-31 | 129,881,364 |
Total number of active articipats | 2016-12-31 | 1,039 |
Current liability for active participants | 2016-12-31 | 150,263,915 |
Total participant count with liabilities | 2016-12-31 | 3,323 |
Total current liabilitoes for participants with libailities | 2016-12-31 | 604,024,520 |
Total employer contributions in plan year | 2016-12-31 | 6,773,370 |
Employer’s normal cost for plan year as of valuation date | 2016-12-31 | 3,768,045 |
Prior year credit balance | 2016-12-31 | 147,567,808 |
Amortization credits as of valuation date | 2016-12-31 | 11,699,094 |
Total participants, beginning-of-year | 2016-01-01 | 3,323 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 943 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 1,605 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 228 |
Total of all active and inactive participants | 2016-01-01 | 2,776 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 515 |
Total participants | 2016-01-01 | 3,291 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 1 |
2015: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2015 401k membership | ||
Current value of assets | 2015-12-31 | 476,238,054 |
Acturial value of assets for funding standard account | 2015-12-31 | 477,307,435 |
Accrued liability for plan using immediate gains methods | 2015-12-31 | 394,540,992 |
Accrued liability under unit credit cost method | 2015-12-31 | 377,912,651 |
RPA 94 current liability | 2015-12-31 | 587,343,421 |
Expected increase in current liability due to benefits accruing during the plan year | 2015-12-31 | 11,254,491 |
Expected release from RPA 94 current liability for plan year | 2015-12-31 | 34,734,686 |
Expected plan disbursements for the plan year | 2015-12-31 | 34,734,686 |
Current value of assets | 2015-12-31 | 476,238,054 |
Number of retired participants and beneficiaries receiving payment | 2015-12-31 | 2,150 |
Current liability for retired participants and beneficiaries receiving payment | 2015-12-31 | 438,171,602 |
Number of terminated vested participants | 2015-12-31 | 202 |
Current liability for terminated vested participants | 2015-12-31 | 12,140,856 |
Current liability for active participants non vested benefits | 2015-12-31 | 19,666,338 |
Current liability for active participants vested benefits | 2015-12-31 | 117,364,625 |
Total number of active articipats | 2015-12-31 | 1,080 |
Current liability for active participants | 2015-12-31 | 137,030,963 |
Total participant count with liabilities | 2015-12-31 | 3,432 |
Total current liabilitoes for participants with libailities | 2015-12-31 | 587,343,421 |
Employer’s normal cost for plan year as of valuation date | 2015-12-31 | 3,309,966 |
Prior year credit balance | 2015-12-31 | 156,271,663 |
Amortization credits as of valuation date | 2015-12-31 | 11,909,689 |
Total participants, beginning-of-year | 2015-01-01 | 3,432 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 1,039 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 1,612 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 186 |
Total of all active and inactive participants | 2015-01-01 | 2,837 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 486 |
Total participants | 2015-01-01 | 3,323 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 7 |
2014: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2014 401k membership | ||
Current value of assets | 2014-12-31 | 451,816,357 |
Acturial value of assets for funding standard account | 2014-12-31 | 447,153,104 |
Accrued liability for plan using immediate gains methods | 2014-12-31 | 394,936,786 |
Accrued liability under unit credit cost method | 2014-12-31 | 375,319,774 |
RPA 94 current liability | 2014-12-31 | 574,182,499 |
Expected increase in current liability due to benefits accruing during the plan year | 2014-12-31 | 11,760,764 |
Expected release from RPA 94 current liability for plan year | 2014-12-31 | 33,362,435 |
Expected plan disbursements for the plan year | 2014-12-31 | 33,383,434 |
Current value of assets | 2014-12-31 | 451,816,357 |
Number of retired participants and beneficiaries receiving payment | 2014-12-31 | 2,081 |
Current liability for retired participants and beneficiaries receiving payment | 2014-12-31 | 385,633,254 |
Number of terminated vested participants | 2014-12-31 | 210 |
Current liability for terminated vested participants | 2014-12-31 | 12,099,364 |
Current liability for active participants non vested benefits | 2014-12-31 | 42,953,758 |
Current liability for active participants vested benefits | 2014-12-31 | 133,496,123 |
Total number of active articipats | 2014-12-31 | 1,228 |
Current liability for active participants | 2014-12-31 | 176,449,881 |
Total participant count with liabilities | 2014-12-31 | 3,519 |
Total current liabilitoes for participants with libailities | 2014-12-31 | 574,182,499 |
Total employer contributions in plan year | 2014-12-31 | 21,364,427 |
Prior year funding deficiency | 2014-12-31 | 0 |
Employer’s normal cost for plan year as of valuation date | 2014-12-31 | 3,247,706 |
Prior year credit balance | 2014-12-31 | 145,433,472 |
Amortization credits as of valuation date | 2014-12-31 | 10,989,941 |
Total participants, beginning-of-year | 2014-01-01 | 3,519 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 1,080 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 1,626 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 198 |
Total of all active and inactive participants | 2014-01-01 | 2,904 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 528 |
Total participants | 2014-01-01 | 3,432 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 14 |
Number of employers contributing to the scheme | 2014-01-01 | 2 |
2013: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2013 401k membership | ||
Current value of assets | 2013-12-31 | 412,140,900 |
Acturial value of assets for funding standard account | 2013-12-31 | 410,606,056 |
Accrued liability for plan using immediate gains methods | 2013-12-31 | 391,623,704 |
Accrued liability under unit credit cost method | 2013-12-31 | 375,992,374 |
RPA 94 current liability | 2013-12-31 | 560,030,258 |
Expected increase in current liability due to benefits accruing during the plan year | 2013-12-31 | 12,409,110 |
Expected release from RPA 94 current liability for plan year | 2013-12-31 | 31,846,183 |
Expected plan disbursements for the plan year | 2013-12-31 | 31,868,588 |
Current value of assets | 2013-12-31 | 412,140,900 |
Number of retired participants and beneficiaries receiving payment | 2013-12-31 | 2,092 |
Current liability for retired participants and beneficiaries receiving payment | 2013-12-31 | 366,692,522 |
Number of terminated vested participants | 2013-12-31 | 221 |
Current liability for terminated vested participants | 2013-12-31 | 11,641,997 |
Current liability for active participants non vested benefits | 2013-12-31 | 40,583,887 |
Current liability for active participants vested benefits | 2013-12-31 | 141,111,852 |
Total number of active articipats | 2013-12-31 | 1,347 |
Current liability for active participants | 2013-12-31 | 181,695,739 |
Total participant count with liabilities | 2013-12-31 | 3,660 |
Total current liabilitoes for participants with libailities | 2013-12-31 | 560,030,258 |
Total employer contributions in plan year | 2013-12-31 | 22,686,569 |
Employer’s normal cost for plan year as of valuation date | 2013-12-31 | 4,550,143 |
Prior year credit balance | 2013-12-31 | 137,026,245 |
Amortization credits as of valuation date | 2013-12-31 | 9,217,808 |
Total participants, beginning-of-year | 2013-01-01 | 3,660 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 1,228 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 1,534 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 206 |
Total of all active and inactive participants | 2013-01-01 | 2,968 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 551 |
Total participants | 2013-01-01 | 3,519 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 52 |
Number of employers contributing to the scheme | 2013-01-01 | 2 |
2012: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 3,563 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 1,347 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 1,506 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 218 |
Total of all active and inactive participants | 2012-01-01 | 3,071 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 589 |
Total participants | 2012-01-01 | 3,660 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 3 |
Number of employers contributing to the scheme | 2012-01-01 | 2 |
2011: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 3,513 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 1,222 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 1,507 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 235 |
Total of all active and inactive participants | 2011-01-01 | 2,964 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 599 |
Total participants | 2011-01-01 | 3,563 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 2 |
Number of employers contributing to the scheme | 2011-01-01 | 2 |
2009: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 3,498 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 1,160 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 1,487 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 258 |
Total of all active and inactive participants | 2009-01-01 | 2,905 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 630 |
Total participants | 2009-01-01 | 3,535 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 4 |
Number of employers contributing to the scheme | 2009-01-01 | 2 |
Measure | Date | Value |
---|---|---|
2022 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2022 401k financial data | ||
Total income from all sources (including contributions) | 2022-12-31 | $-61,383,361 |
Total of all expenses incurred | 2022-12-31 | $37,328,790 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $34,932,654 |
Value of total assets at end of year | 2022-12-31 | $409,263,874 |
Value of total assets at beginning of year | 2022-12-31 | $507,976,025 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,396,136 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $372,239 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Administrative expenses (other) incurred | 2022-12-31 | $287,153 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-98,712,151 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $409,263,874 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $507,976,025 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $1,736,744 |
Value of interest in master investment trust accounts at end of year | 2022-12-31 | $409,263,874 |
Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $507,976,025 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $34,932,654 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2022-12-31 | 341818258 |
2021 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2021 401k financial data | ||
Total income from all sources (including contributions) | 2021-12-31 | $74,650,045 |
Total of all expenses incurred | 2021-12-31 | $37,990,776 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $35,695,628 |
Value of total assets at end of year | 2021-12-31 | $507,976,025 |
Value of total assets at beginning of year | 2021-12-31 | $471,316,756 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,295,148 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $379,183 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Administrative expenses (other) incurred | 2021-12-31 | $317,599 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $36,659,269 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $507,976,025 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $471,316,756 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $1,598,366 |
Value of interest in master investment trust accounts at end of year | 2021-12-31 | $507,976,025 |
Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $471,316,756 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $35,695,628 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2021-12-31 | 341818258 |
2020 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2020 401k financial data | ||
Total income from all sources (including contributions) | 2020-12-31 | $53,514,266 |
Total of all expenses incurred | 2020-12-31 | $37,399,842 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $35,221,360 |
Value of total assets at end of year | 2020-12-31 | $471,316,756 |
Value of total assets at beginning of year | 2020-12-31 | $455,202,332 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,178,482 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $144,395 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Administrative expenses (other) incurred | 2020-12-31 | $290,472 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $16,114,424 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $471,316,756 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $455,202,332 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $1,743,615 |
Value of interest in master investment trust accounts at end of year | 2020-12-31 | $471,316,756 |
Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $455,202,332 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $35,221,360 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2020-12-31 | 341818258 |
2019 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2019 401k financial data | ||
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $27,562 |
Total income from all sources (including contributions) | 2019-12-31 | $64,294,298 |
Total of all expenses incurred | 2019-12-31 | $38,471,490 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $36,074,691 |
Value of total assets at end of year | 2019-12-31 | $455,202,332 |
Value of total assets at beginning of year | 2019-12-31 | $429,407,086 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,396,799 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $180,523 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $27,562 |
Administrative expenses (other) incurred | 2019-12-31 | $308,425 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $25,822,808 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $455,202,332 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $429,379,524 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $1,907,851 |
Value of interest in master investment trust accounts at end of year | 2019-12-31 | $455,202,332 |
Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $429,407,086 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $36,074,691 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2019-12-31 | 341818258 |
2018 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2018 401k financial data | ||
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $27,562 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $59,338 |
Total income from all sources (including contributions) | 2018-12-31 | $-15,061,354 |
Total of all expenses incurred | 2018-12-31 | $38,914,011 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $36,682,511 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
Value of total assets at end of year | 2018-12-31 | $429,407,086 |
Value of total assets at beginning of year | 2018-12-31 | $483,414,227 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,231,500 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $247,240 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $27,562 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $59,338 |
Administrative expenses (other) incurred | 2018-12-31 | $311,623 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-53,975,365 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $429,379,524 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $483,354,889 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $1,672,637 |
Value of interest in master investment trust accounts at end of year | 2018-12-31 | $429,407,086 |
Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $472,935,328 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $0 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $10,478,899 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $36,682,511 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2018-12-31 | 341818258 |
2017 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2017 401k financial data | ||
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $59,338 |
Total income from all sources (including contributions) | 2017-12-31 | $78,491,983 |
Total of all expenses incurred | 2017-12-31 | $38,771,945 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $36,584,661 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $10,478,899 |
Value of total assets at end of year | 2017-12-31 | $483,414,227 |
Value of total assets at beginning of year | 2017-12-31 | $443,634,851 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,187,284 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $117,678 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $59,338 |
Administrative expenses (other) incurred | 2017-12-31 | $319,196 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $39,720,038 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $483,354,889 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $443,634,851 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $1,750,410 |
Value of interest in master investment trust accounts at end of year | 2017-12-31 | $472,935,328 |
Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $436,861,481 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $10,478,899 |
Employer contributions (assets) at end of year | 2017-12-31 | $10,478,899 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $6,773,370 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $36,584,661 |
Contract administrator fees | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2017-12-31 | 341818258 |
2016 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2016 401k financial data | ||
Total income from all sources (including contributions) | 2016-12-31 | $45,668,233 |
Total of all expenses incurred | 2016-12-31 | $38,710,710 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $36,189,989 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $6,773,370 |
Value of total assets at end of year | 2016-12-31 | $443,634,851 |
Value of total assets at beginning of year | 2016-12-31 | $436,677,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,520,721 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $140,713 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Administrative expenses (other) incurred | 2016-12-31 | $437,693 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $6,957,523 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $443,634,851 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $436,677,328 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $1,925,148 |
Value of interest in master investment trust accounts at end of year | 2016-12-31 | $436,861,481 |
Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $436,677,328 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $6,773,370 |
Employer contributions (assets) at end of year | 2016-12-31 | $6,773,370 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $36,189,989 |
Contract administrator fees | 2016-12-31 | $17,167 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2016-12-31 | 341818258 |
2015 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2015 401k financial data | ||
Total income from all sources (including contributions) | 2015-12-31 | $-1,112,301 |
Total of all expenses incurred | 2015-12-31 | $38,448,425 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $36,151,914 |
Value of total assets at end of year | 2015-12-31 | $436,677,328 |
Value of total assets at beginning of year | 2015-12-31 | $476,238,054 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $2,296,511 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $76,622 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $10 |
Administrative expenses (other) incurred | 2015-12-31 | $284,157 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-39,560,726 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $436,677,328 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $476,238,054 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $1,881,147 |
Value of interest in master investment trust accounts at end of year | 2015-12-31 | $436,677,328 |
Value of interest in master investment trust accounts at beginning of year | 2015-12-31 | $454,873,615 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $2 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $2 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Employer contributions (assets) at end of year | 2015-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $21,364,427 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $36,151,914 |
Contract administrator fees | 2015-12-31 | $54,585 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2015-12-31 | 341818258 |
2014 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2014 401k financial data | ||
Total income from all sources (including contributions) | 2014-12-31 | $58,880,925 |
Total of all expenses incurred | 2014-12-31 | $34,459,227 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $32,736,742 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $21,364,427 |
Value of total assets at end of year | 2014-12-31 | $476,238,054 |
Value of total assets at beginning of year | 2014-12-31 | $451,816,356 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $1,722,485 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $78,214 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $10 |
Administrative expenses (other) incurred | 2014-12-31 | $185,689 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $24,421,698 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $476,238,054 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $451,816,356 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $1,402,642 |
Value of interest in master investment trust accounts at end of year | 2014-12-31 | $454,873,615 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $427,286,640 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $2 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $1,843,147 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $1,843,147 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $21,364,427 |
Employer contributions (assets) at end of year | 2014-12-31 | $21,364,427 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $22,686,569 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $32,736,742 |
Contract administrator fees | 2014-12-31 | $55,940 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2014-12-31 | 341818258 |
2013 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2013 401k financial data | ||
Total income from all sources (including contributions) | 2013-12-31 | $72,870,996 |
Total of all expenses incurred | 2013-12-31 | $33,197,787 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $31,744,012 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $22,686,569 |
Value of total assets at end of year | 2013-12-31 | $451,816,356 |
Value of total assets at beginning of year | 2013-12-31 | $412,143,147 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,453,775 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $40,063 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2013-12-31 | 0 |
Minimum employer required contribution for this plan year | 2013-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $30 |
Other income not declared elsewhere | 2013-12-31 | $-2,216 |
Administrative expenses (other) incurred | 2013-12-31 | $148,487 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $39,673,209 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $451,816,356 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $412,143,147 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Investment advisory and management fees | 2013-12-31 | $1,195,764 |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $427,286,640 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $390,353,486 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $1,843,147 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $2,217 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $2,217 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $22,686,569 |
Employer contributions (assets) at end of year | 2013-12-31 | $22,686,569 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $21,787,414 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $31,744,012 |
Contract administrator fees | 2013-12-31 | $69,461 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2013-12-31 | 341818258 |
2012 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2012 401k financial data | ||
Total income from all sources (including contributions) | 2012-12-31 | $70,800,223 |
Total of all expenses incurred | 2012-12-31 | $31,728,860 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $30,311,183 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $21,787,414 |
Value of total assets at end of year | 2012-12-31 | $412,143,147 |
Value of total assets at beginning of year | 2012-12-31 | $373,071,784 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,417,677 |
Total interest from all sources | 2012-12-31 | $266 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $90,988 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2012-12-31 | 0 |
Minimum employer required contribution for this plan year | 2012-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $30 |
Administrative expenses (other) incurred | 2012-12-31 | $93,563 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $39,071,363 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $412,143,147 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $373,071,784 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $1,130,998 |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $390,353,486 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $343,880,815 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $2,217 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $21,134 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $21,134 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $266 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $21,787,414 |
Employer contributions (assets) at end of year | 2012-12-31 | $21,787,414 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $29,169,835 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $30,311,183 |
Contract administrator fees | 2012-12-31 | $102,128 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2012-12-31 | 341818258 |
2011 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2011 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets to this plan | 2011-12-31 | $0 |
Total transfer of assets from this plan | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $39,005,858 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $31,273,743 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $30,106,186 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $29,169,835 |
Value of total assets at end of year | 2011-12-31 | $373,071,784 |
Value of total assets at beginning of year | 2011-12-31 | $365,339,669 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,167,557 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $29,015 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Administrative expenses (other) incurred | 2011-12-31 | $88,617 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $7,732,115 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $373,071,784 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $365,339,669 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $974,106 |
Value of interest in master investment trust accounts at end of year | 2011-12-31 | $343,880,815 |
Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $340,879,329 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $21,134 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $11,330 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $11,330 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $29,169,835 |
Employer contributions (assets) at end of year | 2011-12-31 | $29,169,835 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $24,449,010 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $30,106,186 |
Contract administrator fees | 2011-12-31 | $75,819 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | MEADEN & MOORE LTD |
Accountancy firm EIN | 2011-12-31 | 341818258 |
2010 : PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2010 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $69,238,730 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $30,291,005 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $29,295,924 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $24,449,010 |
Value of total assets at end of year | 2010-12-31 | $365,339,669 |
Value of total assets at beginning of year | 2010-12-31 | $326,391,944 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $995,081 |
Total interest from all sources | 2010-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $57,718 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | Yes |
Amount of non-exempt transactions with any party-in-interest | 2010-12-31 | $38,740 |
Administrative expenses (other) incurred | 2010-12-31 | $91,878 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $38,947,725 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $365,339,669 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $326,391,944 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $783,018 |
Value of interest in master investment trust accounts at end of year | 2010-12-31 | $340,879,329 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $305,038,640 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $11,330 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $16,724 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $16,724 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $24,449,010 |
Employer contributions (assets) at end of year | 2010-12-31 | $24,449,010 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $21,336,580 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $29,295,924 |
Contract administrator fees | 2010-12-31 | $62,467 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | MEADEN & MOORE, LTD. |
Accountancy firm EIN | 2010-12-31 | 341818258 |
2022: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Plan is a collectively bargained plan | Yes |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Plan is a collectively bargained plan | Yes |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Plan is a collectively bargained plan | Yes |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | Yes |
2019-01-01 | Plan is a collectively bargained plan | Yes |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
2018: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2018 form 5500 responses | ||
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Plan is a collectively bargained plan | Yes |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Multi-employer plan |
2017-01-01 | Plan is a collectively bargained plan | Yes |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |
2016: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2016 form 5500 responses | ||
2016-01-01 | Type of plan entity | Multi-employer plan |
2016-01-01 | Plan is a collectively bargained plan | Yes |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Multi-employer plan |
2015-01-01 | Plan is a collectively bargained plan | Yes |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Multi-employer plan |
2014-01-01 | Plan is a collectively bargained plan | Yes |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Multi-employer plan |
2013-01-01 | Submission has been amended | Yes |
2013-01-01 | Plan is a collectively bargained plan | Yes |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Multi-employer plan |
2012-01-01 | Submission has been amended | Yes |
2012-01-01 | Plan is a collectively bargained plan | Yes |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Multi-employer plan |
2011-01-01 | Submission has been amended | No |
2011-01-01 | This submission is the final filing | No |
2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2011-01-01 | Plan is a collectively bargained plan | Yes |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2009: PENSION PLAN FOR HOURLY EMPLOYEES OF THE CLEVELAND-CLIFFS IRON COMPANY AND ITS ASSOCIATED EMPLOYERS 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Multi-employer plan |
2009-01-01 | Submission has been amended | No |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2009-01-01 | Plan is a collectively bargained plan | Yes |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |