Employers › Cleveland-Cliffs Tubular Components › plan 002
Recordkeeping fees per participant · Cleveland-cliffs Tubular Components LLC Columbus, Indiana Plant 401(k) Plan · plan year 2023
$26.26
Higher than 32% of the 8,500 plans $1 to 10M that report it.
= $2,468 / 94
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241009110456NAL0010547987004, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009110456NAL0010547987004, received 2024-10-09
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-09.
Administrative expenses excluding investment management, per participant
$165.66
Higher than 74% of the 17,126 plans $1 to 10M that report it.
= $15,572 / 94
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241009110456NAL0010547987004, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009110456NAL0010547987004, received 2024-10-09
Administrative expenses per participant
$166.46
Higher than 59% of the 17,762 plans $1 to 10M that report it.
= $15,647 / 94
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241009110456NAL0010547987004, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009110456NAL0010547987004, received 2024-10-09
Administrative expenses as a share of assets
0.249%
Higher than 29% of the 17,798 plans $1 to 10M that report it.
= $15,647 / $6,275,360
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241009110456NAL0010547987004, received 2024-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241009110456NAL0010547987004, received 2024-10-09
Employer contributions per participant
$2,633
Higher than 87% of the 15,688 plans $1 to 10M that report it.
= $247,503 / 94
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241009110456NAL0010547987004, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009110456NAL0010547987004, received 2024-10-09
Employer share of total contributions
36.4%
Higher than 77% of the 15,721 plans $1 to 10M that report it.
= $247,503 / $679,855
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241009110456NAL0010547987004, received 2024-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241009110456NAL0010547987004, received 2024-10-09
95.0% of this plan's assets are held in a master trust. The trust's own filing was not found in the data, so its costs cannot be shown. Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241009110456NAL0010547987004, received 2024-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CLEVELAND-CLIFFS TUBULAR COMPONENTS LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Plan name | CLEVELAND-CLIFFS TUBULAR COMPONENTS LLC COLUMBUS, INDIANA PLANT 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Sponsor EIN / plan number | 31-1781514 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Sponsor location | WALBRIDGE, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Industry (business code) | 332900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Filing received | 2024-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Participants, beginning of year | 316 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Active participants | 180 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Participants, end of year | 191 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Participants with an account balance | 94 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Total assets, beginning of year | $6,314,293 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Total assets, end of year | $6,275,360 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Net assets, end of year | $6,275,360 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Total income | $1,810,962 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Net income | $-38,933 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Employer contributions | $247,503 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Participant contributions | $397,275 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Other contributions (incl. rollovers) | $35,077 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Total contributions | $679,855 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Benefit payments | $1,827,800 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Total expenses (incl. benefit payments) | $1,849,895 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Total administrative expenses | $15,647 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Recordkeeping fees | $2,468 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| IQPA audit fees | $13,104 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Investment advisory and management fees | $75 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Administrative expenses excluding investment management | $15,572 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Held in master trusts | $5,962,494 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20241009110456NAL0010547987004, received 2024-10-09 |
| Independent auditor | MEADEN & MOORE, LTD. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241009110456NAL0010547987004, received 2024-10-09 |
Position = column in the DOL layout for form year 2023. Filing 20241009110456NAL0010547987004, received 2024-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MEADEN AND MOORE | AUDITOR | 10 Accounting (including auditing) | $13,104 | no |
| FIDELITY INV INST OPERATIONS LLCrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $2,468 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20241009110456NAL0010547987004, received 2024-10-09.
CLEVELAND-CLIFFS INC. DC PLAN MT (EIN 341935031, PN 001): plan interest $5,962,494, 0.1% of the trust. The trust's own filing (20241008060103NAL0029201264004, received 2024-10-08) reports net assets $4,283,388,735, administrative expenses not reported, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.