United States Steel Corporation has filed its annual Form 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for the United States Steel Corporation Savings Fund Plan for Salaried Employees, which is a defined contribution plan covering most non-union salaried employees. The independent audit, conducted by PricewaterhouseCoopers LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes therein. The Plan's net assets available for benefits increased from $1,335,820,000 at the end of 2022 to $1,631,490,000 at the end of 2023. The Plan received contributions from both employees and the employer, with total additions amounting to $411,746,000 for the year. The Plan also includes a variety of investment options...Show More

United States Steel Corporation has filed its annual Form 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for the United States Steel Corporation Savings Fund Plan for Salaried Employees, which is a defined contribution plan covering most non-union salaried employees. The independent audit, conducted by PricewaterhouseCoopers LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes therein. The Plan's net assets available for benefits increased from $1,335,820,000 at the end of 2022 to $1,631,490,000 at the end of 2023. The Plan received contributions from both employees and the employer, with total additions amounting to $411,746,000 for the year. The Plan also includes a variety of investment options for participants and is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA). The Plan has undergone amendments to accommodate the merger of UPI Plans and to expand hardship withdrawal reasons, among other changes. The report was signed by Joseph A. Wyse of the United States Steel and Carnegie Pension Fund, the Plan Administrator, on June 28, 2024.