Cleveland-Cliffs Steel LLC
Updated Filing received by DOL
Cleveland-Cliffs Steel LLC, a manufacturing — metal, equipment, transportation employer in Chicago, Illinois, reported 30,075 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 12 insurance contracts with no premium reported and $500,634 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 14, 2025, within the extension window.
Who was paid on Cleveland-Cliffs Steel LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Cleveland-Cliffs Steel LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Pacific Resources Benefits Advisors · Boston, MA | $376,860 | $0 | $376,860 | 1 |
| Strategic Non Medical Solutions LLC · Boston, MA | $121,330 | $0 | $121,330 | 1 |
| Img · Indianapolis, IN | $0 | $2,444 | $2,444 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Prudential Insurance Company of Americalife | 1,183 | — | — | — |
| Anthem Blue Cross Blue ShieldPPO | 7,246 | — | — | — |
| The Prudential Insurance Company of Americacoverage not coded | 40 | — | — | — |
| Metropolitan Life Insurance Companylife | 2,861 | — | — | — |
| Metropolitan Life Insurance Companylife | 663 | — | — | — |
| Metropolitan Life Insurance Companylong-term disability | 2,798 | — | — | — |
| The Prudential Insurance Company of Americalife | 11,735 | — | $500,634 | — |
| The Prudential Insurance Company of Americalife | 12,835 | — | — | — |
| The Prudential Insurance Company of Americacoverage not coded | 11,077 | — | — | — |
| Anthem Blue Cross Blue Shieldhealth, dental, prescription drug, PPO | 18,158 | — | — | — |
| The Prudential Insurance Company of Americalife | 13,347 | — | — | — |
| The Prudential Insurance Company of Americacoverage not coded | 6,625 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Cleveland-Cliffs Steel LLC compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 32,879 | 30,075 | −8.5% |
| Premiums filed | $10,105,000 | $0 | — |
| Broker commissions + fees | $518,312 | $500,634 | −3.4% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Cleveland-Cliffs Steel LLC Veba Retiree Benefits Plan#515 · insurance, trust | December 31, 2024 | October 14, 2025 | within extension | 30,075 |
| Cleveland-Cliffs Steel LLC Welfare Benefits Plan#506 · insurance, general assets | December 31, 2024 | October 1, 2025 | within extension | 15,977 |
| Cleveland-Cliffs Steel LLC Retiree Welfare Benefits Plan#516 · insurance, general assets | December 31, 2024 | October 1, 2025 | within extension | 13,621 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Cleveland-Cliffs Steel LLC pay in health insurance broker commissions in 2024?
Cleveland-Cliffs Steel LLC's 2024 Form 5500 reports $500,634 in broker commissions and fees across 12 insurance contracts ($498,190 in commissions, $2,444 in fees), with Pacific Resources Benefits Advisors receiving the largest share.
Is Cleveland-Cliffs Steel LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Anthem Blue Cross Blue Shield.
How does Cleveland-Cliffs Steel LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Cleveland-Cliffs Steel LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.