Department of Labor filing

CLEVELAND-CLIFFS TUBULAR COMPONENTS LLC

AK TUBE LLC COLUMBUS, INDIANA PLANT 401(K) PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 9, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

52filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,375

Reported employer contributions per active participant.

Higher than about 40% of comparable plans

#People in the filing

180

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$50 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 81% of comparable plans

↗Investment performance

Not available

Plan assets changed -0.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202352out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions40th percentileTypical peer $1,655 · based on 1,151 comparable plans

Lower reported administrative expense81st percentileTypical peer $159 · based on 1,159 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, CLEVELAND-CLIFFS TUBULAR COMPONENTS LLC reported $247,503 in employer contributions across the plan and 180 active participants. That works out to $1,375 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy94%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 63.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 119.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context52/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $247,503
Participant contributions: $397,275
Other contributions: $35,077
Employer share of reported contributions: 38.4%
Beginning assets: $6,314,293
Ending assets: $6,275,360
Ending net assets: $6,275,360
Ending liabilities: Not reported
Total income: $1,810,962
Total expenses: $1,849,895
Administrative expenses: $15,647
Participant loans: $312,866

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$843

2023

$1,375

Plan-paid administrative expenses per participant

2022

$23

2023

$50

Active participants

2022

297

2023

180

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$1,375	180	6.3M	20241009110456NAL0010547987004
2022	$843	297	6.3M	20231006143616NAL0023360881004

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 5.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 311781514-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Sep 1, 2003
Industry: Industry group 332
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2R3D3H

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Filing ACK_ID20241009110456NAL0010547987004

Data sourceDOL Form 5500 bulk data ↗

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