Cleveland-Cliffs Inc.
Overview
Cleveland-Cliffs Inc. sponsors a self-funded health plan that covered 802 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 802 · prior year 802
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Benefits Choice Program, plan 515 (802 participants); Insurance Benefits Program for Retirees & Surviving Spouses of Cleveland-Cliffs Inc. & ITS Assoc Employers, plan 512 (679 participants)
- Broker compensation
- $428K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Accident High Plan, Long-term disability, Critical Illness Insurance, Accident, Group Legal | 3,009 | $5.6M | $428K |
| Anthem Blue Cross Blue Shield | Medical, Prescription drug, PPO | 763 | $1.4M | — |
| Community Insurance Company Anthem Blue Cross Blue Shield | Employee Assistance Program | 719 | $21K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 802 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Cleveland-Cliffs Inc.
- Sponsor EIN
- 34-1464672
- Plan numbers
- 515, 512
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 34-1464672 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Cleveland-Cliffs Inc. & ITS Associated Employers Salaried Employees Savings Plan
- Type
- 401(k) plan
- Participants
- 1,165
About this data
Source: Cleveland-Cliffs Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Cleveland-Cliffs Inc..