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Original filing (PDF)20251014143229NAL0004250240005
CLEVELAND-CLIFFS STEEL LLC
Form 5500
FILING_RECEIVED
CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN
Health & welfare plan
Signals · 2
37% in single holding6 service providers
Active participants
—
Accounts w/ balance
—
Plan assets (EOY)
$459.6M
Net assets (EOY)
$454.6M
How this plan invests
This plan
5 pooled trusts
Schedule D
9 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
81
Total plan cost
65
Vendor stack
100
Participation health
90
Knocking points off
- Top holding "[DFE: STATE STREET RUSSELL 3000(R) INDEX NON-LENDING FUND (extraction pending)]" is 37% of plan.
- 37 bps in Schedule C fees — 273% above peer band of 10 bps.
- No active participants reported but plan still holds assets.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CLEVELAND-CLIFFS STEEL LLC.
Plan sponsor
Name
CLEVELAND-CLIFFS STEEL LLC
EIN
71-0871875
Address
1 SOUTH DEARBORN, 19TH FLOOR · CHICAGO, IL · 60603
Phone
(312) 899-3400
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
515
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
Audit & trust (Schedule H)
Auditor
MEADEN & MOORE LTD.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsCustodian
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE BANK OF NEW YORK MELLON | 11-5156038 | — | TRUSTEE/CUSTODIAN | $13K | — |
Advisor / Consultant
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILLIS TOWERS WATSON | 53-0181291 | — | INVESTMENT MANAGER | $181K | — |
| JP MORGAN | 13-2625764 | — | INVESTMENT MANAGER | $107K | — |
| AMG TIMESQUARE | 20-2246187 | — | INVESTMENT MANAGER | $95K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SOLIDARITY HEALTH NETWORK | 34-1874065 | — | CONTRACT ADMINISTRATOR | $1.3M | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GRANT THORNTON LLP | 36-6055558 | — | AUDITOR | $32K | — |
Investments
5 direct securities · 5 pooled funds· $265.9M(58% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$238.0M
5 holdings
Uncategorized
$27.9M
5 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| RUSSELL 3000 INDEX STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 042 | Common Collective Trust | — | — | $88.9M | 19.3% | |
| US HIGH YIELD BB-B CONSTRAINED STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-3508891 / PN 001 | Common Collective Trust | — | — | $52.2M | 11.4% | |
| LONG US GOVT BOND INDEX STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-6928353 / PN 001 | Common Collective Trust | — | — | $44.4M | 9.7% | |
| MSCI ACWI EX US FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 80-6103053 / PN 001 | Common Collective Trust | — | — | $27.9M | 6.1% | |
| REAL ESTATE NL CTF STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 27-6455179 / PN 001 | Common Collective Trust | — | — | $24.7M | 5.4% | |
| MSCI EAFE INDX NL CTF ECTF | — | — | — | $12.0M | 2.6% | |
| MSCI EMG MKTS INDX NL CTF EMFUNL | — | — | — | $5.7M | 1.2% | |
| MSCI ACWI INDEX NL CTF ZVRJ | — | — | — | $4.4M | 1.0% | |
| MSCI ACWI IMI NL INDEX CTF ZVQL | — | — | — | $4.3M | 0.9% | |
| MSCI CAD INDX NL CTF CADCTF | — | — | — | $1.6M | 0.3% |