CLEVELAND-CLIFFS STEEL LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN
401k plan membership statisitcs for CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN
Measure | Date | Value |
---|
2022 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2022 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-47,340,000 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-47,340,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $9,579,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $11,568,000 |
Total income from all sources (including contributions) | 2022-12-31 | $28,136,000 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $64,009,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $62,018,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $66,635,000 |
Value of total assets at end of year | 2022-12-31 | $459,241,000 |
Value of total assets at beginning of year | 2022-12-31 | $497,103,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,991,000 |
Total interest from all sources | 2022-12-31 | $6,189,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,652,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $9,203,000 |
Participant contributions at end of year | 2022-12-31 | $440,000 |
Participant contributions at beginning of year | 2022-12-31 | $430,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $23,061,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $1,545,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $4,476,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $6,642,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $7,706,000 |
Administrative expenses (other) incurred | 2022-12-31 | $1,991,000 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $2,881,000 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $3,862,000 |
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 | $-35,873,000 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $449,662,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $485,535,000 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $55,710,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $27,060,000 |
Interest earned on other investments | 2022-12-31 | $6,189,000 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $167,927,000 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $199,954,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $2,720,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $17,216,000 |
Asset value of US Government securities at end of year | 2022-12-31 | $113,502,000 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $109,055,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
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 |
Contributions received in cash from employer | 2022-12-31 | $57,432,000 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $27,138,000 |
Income. Dividends from common stock | 2022-12-31 | $2,652,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $21,741,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $60,106,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $61,444,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $57,291,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $67,440,000 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $56,000 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2022-12-31 | $106,000 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2022-12-31 | 366055558 |
2021 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2021 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $17,226,000 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $17,226,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $11,568,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $7,020,000 |
Total income from all sources (including contributions) | 2021-12-31 | $128,112,000 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $67,725,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $65,771,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $103,768,000 |
Value of total assets at end of year | 2021-12-31 | $497,103,000 |
Value of total assets at beginning of year | 2021-12-31 | $432,168,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,954,000 |
Total interest from all sources | 2021-12-31 | $4,526,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,592,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $10,122,000 |
Participant contributions at end of year | 2021-12-31 | $430,000 |
Participant contributions at beginning of year | 2021-12-31 | $399,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $22,700,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $4,476,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $1,572,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $7,706,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $4,444,000 |
Administrative expenses (other) incurred | 2021-12-31 | $1,954,000 |
Liabilities. Value of operating payables at end of year | 2021-12-31 | $3,862,000 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $2,576,000 |
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 | $60,387,000 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $485,535,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $425,148,000 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $27,060,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,371,000 |
Interest earned on other investments | 2021-12-31 | $4,526,000 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $199,954,000 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $193,317,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $2,166,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $2,166,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $19,222,000 |
Asset value of US Government securities at end of year | 2021-12-31 | $109,055,000 |
Asset value of US Government securities at beginning of year | 2021-12-31 | $102,717,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
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 |
Contributions received in cash from employer | 2021-12-31 | $93,646,000 |
Employer contributions (assets) at end of year | 2021-12-31 | $27,138,000 |
Income. Dividends from common stock | 2021-12-31 | $2,592,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $23,849,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2021-12-31 | $61,444,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2021-12-31 | $64,661,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $67,440,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $60,840,000 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
Assets. Value of buildings and other operty used in plan operation at end of year | 2021-12-31 | $106,000 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2021-12-31 | $125,000 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2021-12-31 | 366055558 |
2020 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2020 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $24,025,000 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $24,025,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $7,020,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $7,712,000 |
Total income from all sources (including contributions) | 2020-12-31 | $43,737,000 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $66,898,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $65,141,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $10,932,000 |
Value of total assets at end of year | 2020-12-31 | $432,168,000 |
Value of total assets at beginning of year | 2020-12-31 | $456,021,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,757,000 |
Total interest from all sources | 2020-12-31 | $6,263,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $2,517,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $75,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $10,932,000 |
Participant contributions at end of year | 2020-12-31 | $399,000 |
Participant contributions at beginning of year | 2020-12-31 | $356,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $17,154,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $1,572,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $1,115,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $4,444,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $5,154,000 |
Administrative expenses (other) incurred | 2020-12-31 | $1,757,000 |
Liabilities. Value of operating payables at end of year | 2020-12-31 | $2,576,000 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $2,558,000 |
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 | $-23,161,000 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $425,148,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $448,309,000 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $6,371,000 |
Interest earned on other investments | 2020-12-31 | $6,263,000 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $193,317,000 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $198,953,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $2,166,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $2,109,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $2,109,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $21,840,000 |
Asset value of US Government securities at end of year | 2020-12-31 | $102,717,000 |
Asset value of US Government securities at beginning of year | 2020-12-31 | $134,708,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
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 |
Income. Dividends from common stock | 2020-12-31 | $2,517,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $26,147,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2020-12-31 | $64,661,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2020-12-31 | $1,856,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $60,840,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $116,817,000 |
Assets. Value of buildings and other operty used in plan operation at end of year | 2020-12-31 | $125,000 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2020-12-31 | $107,000 |
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 | Disclaimer |
Accountancy firm name | 2020-12-31 | GRANT THORNTON LLP |
Accountancy firm EIN | 2020-12-31 | 366055558 |
2019 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2019 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $27,330,000 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $27,330,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $7,712,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $4,666,000 |
Total income from all sources (including contributions) | 2019-12-31 | $68,596,000 |
Total loss/gain on sale of assets | 2019-12-31 | $12,376,000 |
Total of all expenses incurred | 2019-12-31 | $74,005,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $72,113,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $18,559,000 |
Value of total assets at end of year | 2019-12-31 | $456,021,000 |
Value of total assets at beginning of year | 2019-12-31 | $458,384,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,892,000 |
Total interest from all sources | 2019-12-31 | $10,205,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $126,000 |
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 | $1,892,000 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $100,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $11,619,000 |
Participant contributions at end of year | 2019-12-31 | $356,000 |
Participant contributions at beginning of year | 2019-12-31 | $361,000 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $107,000 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $130,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $19,662,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $1,115,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $1,546,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $5,154,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $4,203,000 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $2,558,000 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $463,000 |
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 | $-5,409,000 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $448,309,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $453,718,000 |
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 |
Interest earned on other investments | 2019-12-31 | $10,205,000 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $198,953,000 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $181,162,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,109,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $3,465,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $3,465,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $23,807,000 |
Asset value of US Government securities at end of year | 2019-12-31 | $134,708,000 |
Asset value of US Government securities at beginning of year | 2019-12-31 | $129,281,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
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 |
Contributions received in cash from employer | 2019-12-31 | $6,940,000 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $2,586,000 |
Income. Dividends from common stock | 2019-12-31 | $126,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $28,644,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2019-12-31 | $1,856,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2019-12-31 | $3,947,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $116,817,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $135,906,000 |
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 |
Aggregate proceeds on sale of assets | 2019-12-31 | $464,776,000 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $452,400,000 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2019-12-31 | 366055558 |
2018 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2018 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-15,282,000 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-15,282,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $4,666,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $11,740,000 |
Total income from all sources (including contributions) | 2018-12-31 | $41,314,000 |
Total loss/gain on sale of assets | 2018-12-31 | $-2,354,000 |
Total of all expenses incurred | 2018-12-31 | $74,133,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $72,250,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $48,984,000 |
Value of total assets at end of year | 2018-12-31 | $458,384,000 |
Value of total assets at beginning of year | 2018-12-31 | $498,277,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,883,000 |
Total interest from all sources | 2018-12-31 | $9,846,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $120,000 |
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 | $1,883,000 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $75,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $11,595,000 |
Participant contributions at end of year | 2018-12-31 | $361,000 |
Participant contributions at beginning of year | 2018-12-31 | $501,000 |
Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $130,000 |
Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $104,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $16,483,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $1,546,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $4,915,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $4,203,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $5,886,000 |
Liabilities. Value of operating payables at end of year | 2018-12-31 | $463,000 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $3,686,000 |
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 | $-32,819,000 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $453,718,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $486,537,000 |
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 |
Interest earned on other investments | 2018-12-31 | $9,846,000 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $181,162,000 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $196,783,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $3,465,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $6,545,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $6,545,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $25,247,000 |
Asset value of US Government securities at end of year | 2018-12-31 | $129,281,000 |
Asset value of US Government securities at beginning of year | 2018-12-31 | $145,753,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
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 | $37,389,000 |
Employer contributions (assets) at end of year | 2018-12-31 | $2,586,000 |
Income. Dividends from common stock | 2018-12-31 | $120,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $30,520,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2018-12-31 | $3,947,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2018-12-31 | $4,250,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $135,906,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $139,426,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $2,168,000 |
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 |
Aggregate proceeds on sale of assets | 2018-12-31 | $274,055,000 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $276,409,000 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2018-12-31 | 366055558 |
2017 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $14,456,000 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $14,456,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $11,740,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $20,146,000 |
Total income from all sources (including contributions) | 2017-12-31 | $46,515,000 |
Total loss/gain on sale of assets | 2017-12-31 | $8,591,000 |
Total of all expenses incurred | 2017-12-31 | $95,630,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $93,674,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $13,439,000 |
Value of total assets at end of year | 2017-12-31 | $498,277,000 |
Value of total assets at beginning of year | 2017-12-31 | $555,798,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,956,000 |
Total interest from all sources | 2017-12-31 | $10,014,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $15,000 |
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 | $1,956,000 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $100,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | Yes |
Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $1,131,000 |
Contributions received from participants | 2017-12-31 | $12,308,000 |
Participant contributions at end of year | 2017-12-31 | $501,000 |
Participant contributions at beginning of year | 2017-12-31 | $227,000 |
Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $104,000 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $147,000 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $1,131,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $33,406,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $4,915,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $3,973,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $5,886,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $17,174,000 |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $3,686,000 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $1,003,000 |
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 | $-49,115,000 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $486,537,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $535,652,000 |
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 |
Interest earned on other investments | 2017-12-31 | $10,014,000 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $196,783,000 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $169,392,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $6,545,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $11,677,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $11,677,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $27,144,000 |
Asset value of US Government securities at end of year | 2017-12-31 | $145,753,000 |
Asset value of US Government securities at beginning of year | 2017-12-31 | $184,470,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
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 |
Income. Dividends from common stock | 2017-12-31 | $15,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $33,124,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2017-12-31 | $4,250,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2017-12-31 | $11,514,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $139,426,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $174,398,000 |
Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $2,168,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $1,969,000 |
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 |
Aggregate proceeds on sale of assets | 2017-12-31 | $363,000,000 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $354,409,000 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2017-12-31 | 366055558 |
2016 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $13,938,000 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $13,938,000 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $20,146,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $22,381,000 |
Total income from all sources (including contributions) | 2016-12-31 | $36,520,000 |
Total loss/gain on sale of assets | 2016-12-31 | $2,693,000 |
Total of all expenses incurred | 2016-12-31 | $135,030,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $132,965,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $7,420,000 |
Value of total assets at end of year | 2016-12-31 | $555,798,000 |
Value of total assets at beginning of year | 2016-12-31 | $656,543,000 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,065,000 |
Total interest from all sources | 2016-12-31 | $7,836,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $3,318,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $100,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $3,473,000 |
Participant contributions at end of year | 2016-12-31 | $227,000 |
Participant contributions at beginning of year | 2016-12-31 | $121,000 |
Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $147,000 |
Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $141,000 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $54,197,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $3,973,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $18,060,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $17,174,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $19,189,000 |
Administrative expenses (other) incurred | 2016-12-31 | $2,065,000 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $1,003,000 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $808,000 |
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 | $-98,510,000 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $535,652,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $634,162,000 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $14,695,000 |
Interest earned on other investments | 2016-12-31 | $7,836,000 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $169,392,000 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $166,975,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $11,677,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $4,636,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $4,636,000 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $10,231,000 |
Asset value of US Government securities at end of year | 2016-12-31 | $184,470,000 |
Asset value of US Government securities at beginning of year | 2016-12-31 | $241,072,000 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,315,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
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 | $3,947,000 |
Income. Dividends from common stock | 2016-12-31 | $3,318,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $68,537,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2016-12-31 | $11,514,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2016-12-31 | $16,066,000 |
Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $174,398,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $192,855,000 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $1,922,000 |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $1,969,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $2,384,000 |
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 |
Aggregate proceeds on sale of assets | 2016-12-31 | $360,543,000 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $357,850,000 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2016-12-31 | 366055558 |
2015 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-4,886,613 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-4,886,613 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $22,381,000 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $18,414,950 |
Total income from all sources (including contributions) | 2015-12-31 | $90,841,387 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $146,918,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $144,956,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $84,772,000 |
Value of total assets at end of year | 2015-12-31 | $656,543,000 |
Value of total assets at beginning of year | 2015-12-31 | $708,653,563 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,962,000 |
Total interest from all sources | 2015-12-31 | $7,997,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $2,959,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $2,959,000 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $100,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $2,940,000 |
Participant contributions at end of year | 2015-12-31 | $121,000 |
Participant contributions at beginning of year | 2015-12-31 | $115,125 |
Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $141,000 |
Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $352,452 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $46,622,000 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $18,060,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $5,511,301 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $19,189,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $15,157,494 |
Administrative expenses (other) incurred | 2015-12-31 | $1,962,000 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $808,000 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $809,139 |
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 | $-56,076,613 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $634,162,000 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $690,238,613 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $14,695,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $13,904,487 |
Interest earned on other investments | 2015-12-31 | $7,997,000 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $166,975,000 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $140,383,817 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $4,636,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $4,746,721 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $4,746,721 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $633,000 |
Asset value of US Government securities at end of year | 2015-12-31 | $241,072,000 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $239,679,576 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
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 |
Contributions received in cash from employer | 2015-12-31 | $81,832,000 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $25,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $97,701,000 |
Asset. Corporate debt instrument preferred debt at end of year | 2015-12-31 | $16,066,000 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2015-12-31 | $14,810,551 |
Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $192,855,000 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $181,100,096 |
Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $1,922,000 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $83,049,437 |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $2,384,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $2,448,317 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2015-12-31 | 366055558 |
2014 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $1,578,920 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $1,578,920 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $18,414,950 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $16,985,283 |
Total income from all sources (including contributions) | 2014-12-31 | $131,536,532 |
Total loss/gain on sale of assets | 2014-12-31 | $-710,886 |
Total of all expenses incurred | 2014-12-31 | $136,689,508 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $134,607,266 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $106,867,791 |
Value of total assets at end of year | 2014-12-31 | $708,653,563 |
Value of total assets at beginning of year | 2014-12-31 | $712,376,872 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $2,082,242 |
Total interest from all sources | 2014-12-31 | $8,054,186 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $2,534,942 |
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 | $72,258 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $100,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $2,728,328 |
Participant contributions at end of year | 2014-12-31 | $115,125 |
Participant contributions at beginning of year | 2014-12-31 | $108,502 |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $352,452 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $111,245 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-12-31 | $32,590,857 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $5,511,301 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $5,905,408 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $15,157,494 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $13,709,348 |
Administrative expenses (other) incurred | 2014-12-31 | $42,614 |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $809,139 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $838,532 |
Total non interest bearing cash at end of year | 2014-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $0 |
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 | $-5,152,976 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $690,238,613 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $695,391,589 |
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 |
Assets. partnership/joint venture interests at end of year | 2014-12-31 | $83,049,437 |
Investment advisory and management fees | 2014-12-31 | $626,311 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $13,904,487 |
Interest earned on other investments | 2014-12-31 | $12,650 |
Income. Interest from US Government securities | 2014-12-31 | $3,565,977 |
Income. Interest from corporate debt instruments | 2014-12-31 | $4,439,746 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $677,259,625 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $140,383,817 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $4,746,721 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $3,992,092 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $3,992,092 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $35,813 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $802,117 |
Asset value of US Government securities at end of year | 2014-12-31 | $239,679,576 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $13,211,579 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
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 | $104,139,463 |
Employer contributions (assets) at end of year | 2014-12-31 | $25,000,000 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $25,000,000 |
Income. Dividends from common stock | 2014-12-31 | $2,534,942 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $101,214,292 |
Asset. Corporate debt instrument preferred debt at end of year | 2014-12-31 | $14,810,551 |
Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $181,100,096 |
Contract administrator fees | 2014-12-31 | $1,341,059 |
Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $2,448,317 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $2,437,403 |
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 |
Aggregate proceeds on sale of assets | 2014-12-31 | $246,399,086 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $247,109,972 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2014-12-31 | 366055558 |
2013 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $16,985,283 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $15,896,704 |
Total income from all sources (including contributions) | 2013-12-31 | $161,770,872 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $127,854,422 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $125,755,028 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $108,427,568 |
Value of total assets at end of year | 2013-12-31 | $712,376,872 |
Value of total assets at beginning of year | 2013-12-31 | $677,371,843 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $2,099,394 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
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 | $123,663 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $60,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $2,800,617 |
Participant contributions at end of year | 2013-12-31 | $108,502 |
Participant contributions at beginning of year | 2013-12-31 | $105,869 |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $111,245 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $105,075 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $28,424,684 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $5,905,408 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $7,110,620 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $13,709,348 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $12,187,837 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $838,532 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $1,226,139 |
Total non interest bearing cash at end of year | 2013-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $4,637,824 |
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 | $33,916,450 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $695,391,589 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $661,475,139 |
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 | $599,731 |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $677,259,625 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $640,412,455 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $3,992,092 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $681,122 |
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 | $105,626,951 |
Employer contributions (assets) at end of year | 2013-12-31 | $25,000,000 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $25,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $96,649,222 |
Contract administrator fees | 2013-12-31 | $1,376,000 |
Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $2,437,403 |
Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $2,482,728 |
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 | GRANT THRONTON LLP |
Accountancy firm EIN | 2013-12-31 | 366055558 |
2012 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2012 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $15,896,704 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $13,874,890 |
Total income from all sources (including contributions) | 2012-12-31 | $140,124,761 |
Total of all expenses incurred | 2012-12-31 | $123,479,208 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $121,530,718 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $121,819,573 |
Value of total assets at end of year | 2012-12-31 | $677,371,843 |
Value of total assets at beginning of year | 2012-12-31 | $658,704,476 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,948,490 |
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 | $171,999 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $60,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $2,873,014 |
Participant contributions at end of year | 2012-12-31 | $105,869 |
Participant contributions at beginning of year | 2012-12-31 | $101,677 |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $105,075 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $96,110 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $13,143,994 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $28,116,135 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $7,110,620 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $6,807,383 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $12,187,837 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $9,407,690 |
Liabilities. Value of operating payables at end of year | 2012-12-31 | $1,226,139 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $878,465 |
Total non interest bearing cash at end of year | 2012-12-31 | $4,637,824 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $953,600 |
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 | $16,645,553 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $661,475,139 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $644,829,586 |
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 | $495,988 |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $640,412,455 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $471,398,706 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $541,765 |
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 | $105,802,565 |
Employer contributions (assets) at end of year | 2012-12-31 | $25,000,000 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $179,347,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $92,872,818 |
Contract administrator fees | 2012-12-31 | $1,280,503 |
Liabilities. Value of benefit claims payable at end of year | 2012-12-31 | $2,482,728 |
Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $3,588,735 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2012-12-31 | 366055558 |
2011 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2011 401k financial data |
---|
Total transfer of assets to this plan | 2011-12-31 | $8,059,019 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $13,874,890 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $10,100,769 |
Total income from all sources (including contributions) | 2011-12-31 | $105,544,324 |
Total of all expenses incurred | 2011-12-31 | $128,430,726 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $126,481,906 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $108,011,701 |
Value of total assets at end of year | 2011-12-31 | $658,704,476 |
Value of total assets at beginning of year | 2011-12-31 | $669,757,738 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,948,820 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $60,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $2,913,273 |
Participant contributions at end of year | 2011-12-31 | $101,677 |
Participant contributions at beginning of year | 2011-12-31 | $96,116 |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $96,110 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $89,050 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $22,932,740 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $6,807,383 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $4,343,947 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $9,407,690 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $6,900,360 |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $878,465 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $669,913 |
Total non interest bearing cash at end of year | 2011-12-31 | $953,600 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $292,494 |
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 | $-22,886,402 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $644,829,586 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $659,656,969 |
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 | $524,066 |
Value of interest in master investment trust accounts at end of year | 2011-12-31 | $471,398,706 |
Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $460,114,276 |
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 | $105,098,428 |
Employer contributions (assets) at end of year | 2011-12-31 | $179,347,000 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $204,821,855 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $103,549,166 |
Contract administrator fees | 2011-12-31 | $1,424,754 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $3,588,735 |
Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $2,530,496 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2011-12-31 | 366055558 |
2010 : CLEVELAND-CLIFFS STEEL LLC VEBA RETIREE BENEFITS PLAN 2010 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $10,100,769 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $3,185,938 |
Total income from all sources (including contributions) | 2010-12-31 | $124,926,607 |
Total of all expenses incurred | 2010-12-31 | $117,548,230 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $115,625,616 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $107,741,567 |
Value of total assets at end of year | 2010-12-31 | $669,757,738 |
Value of total assets at beginning of year | 2010-12-31 | $655,464,530 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,922,614 |
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 | $1,340,009 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $60,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $2,919,712 |
Participant contributions at end of year | 2010-12-31 | $96,116 |
Participant contributions at beginning of year | 2010-12-31 | $89,994 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $89,050 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $21,070,433 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $4,343,947 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $7,033,126 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $6,900,360 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $216,224 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $669,913 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $623,333 |
Total non interest bearing cash at end of year | 2010-12-31 | $292,494 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $153,942 |
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 | $7,378,377 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $659,656,969 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $652,278,592 |
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 | $582,605 |
Value of interest in master investment trust accounts at end of year | 2010-12-31 | $460,114,276 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $523,187,468 |
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 | $104,821,855 |
Employer contributions (assets) at end of year | 2010-12-31 | $204,821,855 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $125,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $94,555,183 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $2,530,496 |
Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $2,346,381 |
Did the plan have assets held for investment | 2010-12-31 | No |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2010-12-31 | 366055558 |