DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Cleveland-Cliffs Combined Pension Plan

Corporate pensionWest Chester, OH
Assets
$1.5B
Total assets, Dec 31, 2024 reported
Funded
116.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Cleveland-Cliffs Steel Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Insurance company general account 0.0%
  • Master trust investment accounts 100.0%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
31 readings
Total assets
$1.5B Dec 31, 2024 reported Form 5500
$1.5B (2023-12) · $1.2B (2022-12)
Plan assets
$1.5B Jan 1, 2024 reported Form 5500
$1.2B (2023-01) · $1.6B (2022-01)
Net assets
$1.5B Dec 31, 2024 reported Form 5500
$1.5B (2023-12) · $1.2B (2022-12)
Funded ratio
116.4% Jan 1, 2024 reported Form 5500
123.8% (2023-01) · 118.4% (2022-01)
Funding target
$1.3B Jan 1, 2024 reported Form 5500
$1.1B (2023-01) · $1.2B (2022-01)
Discount rate
5.04% Jan 1, 2024 reported Form 5500
5.13% (2023-01) · 5.29% (2022-01)
Participants
11,463 Jan 1, 2024 reported Form 5500
9,189 (2023-01) · 9,629 (2022-01)
Contributions
$0 Dec 31, 2022 reported Form 5500
Benefits paid
$130M Dec 31, 2024 reported Form 5500
$103M (2023-12) · $148M (2022-12)
Net investment income
$-26.3M Dec 31, 2024 reported Form 5500
$-23.1M (2023-12) · $-361M (2022-12)
Investment management fees
$3.8M Dec 31, 2024 reported Form 5500
$4.0M (2023-12) · $5.9M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202411,463$1.5B$1.3B116.4%$1.5Bn/a$1.5Bn/a
2023 to Dec 31, 20239,189$1.2B$1.1B123.8%$1.5Bn/a$1.5Bn/a
2022 to Dec 31, 20229,629$1.6B$1.2B118.4%$1.2Bn/a$1.2Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Manager relationship started
    BNY Mellon appears on Cleveland-Cliffs Combined Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Bank of New York Mellonaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Cleveland-Cliffs Combined Pension Plan funded ratio 123.8% -> 116.4% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Cleveland-Cliffs Combined Pension Plan plan assets $1.2B -> $1.5B (+20.4%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Assets changed
    Cleveland-Cliffs Combined Pension Plan total assets $1.2B -> $1.5B (+21.3%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Cleveland-Cliffs Combined Pension Plan funded ratio 118.4% -> 123.8% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Cleveland-Cliffs Combined Pension Plan plan assets $1.6B -> $1.2B (-22.1%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 311267098-003
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.