401(k) · DOL Form 5500 · 2022

Asarco LLC 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
1,149
Participants Near avg headcount
90th
Percentile by assets National rank
$54,474
Avg per participant Low balance/head
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Official DOL plan name: The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$63M in assets, 1,149 participants

Asarco LLC's The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported $63M in total assets and 1,149 participants in its 2022 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #713 in Mining & Oil Extraction (892 peers)

Coverage in Arizona

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC covers 1,149 participants in Arizona, 2.0x the typical Arizona plan (state average ~564 per filing). Assets: $63M.

#713
in Mining & Oil Extraction (892 peers)
-26.3%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's outsized position by total assets

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$62,590,592 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC lands in the large band (1,149 participants).

EBSA filing schedule strip

Filing strip 810666284 · Asarco LLC PY 2022 · 401(k)

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC · $63M · 1,149 · 90th

  • BOY $63M
  • SCH 1,149
  • EBSA 90th
  • PART 401(k)
  • TYPE near Stepstone Group LP 401(k) Retirement Plan
  • NET ind #713

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Mining & Oil Extraction retirement plans → · Plans in Arizona →

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC in the asset neighbourhood

Altus Group 401(k) Plan$63MThe 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLCThe 401(k) Savings Plan for …$63MStepstone Group LP 401(k) Retirement PlanStepstone Group LP 401(k) Re…$63MDtn 401(k) Plan$63MFaurecia USA Holdings, Inc. Union Retirement Savings PlanFaurecia USA Holdings, Inc. …$63M
End-of-year total assets ($M) among The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Arizona filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$63M
Net Income-$22M
Employer EIN810666284
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asarco LLC)

Sponsor-wide plan assets over time

All Asarco LLC plans reported in each filing year

Latest sponsor-wide plan assets
$557M 0.9116772427316683% vs 2022
2024 filing year
$555M$560M$565M$570M 202220232024 $562M $557M ▼ -0.9%
Year Plans Participants Total Assets
2022 4 2,051 $562M
2023 4 1,978 $567M
2024 4 2,060 $557M

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -101234 Total assets ($B) Participants The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC, Total assets ($B): 0.062590592 · Participants: 1149The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLCBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Stepstone Group LP 401(k) Retirement Plan in CA ($63M); by covered participants it is Woodard & Curran, Inc. 401(k) Profit Sharing Plan in ME (1,149 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($63M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,149 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC assets move in 2022?
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC declined sharply - down 26.3% during 2022, from $85M to $63M. Reported net income was -$22M.
How have Asarco LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Asarco LLC's sponsor-wide assets declined 0.9%, from $562M to $557M.
Where does The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC rank by assets among Form 5500 filers?
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC?
Among 401(k) plans in other states, the closest by assets is Stepstone Group LP 401(k) Retirement Plan in CA ($63M, 477 participants).
Which 401(k) plans cover a similar participant headcount to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC?
Among 401(k) plans in other states, the closest by covered participants is Woodard & Curran, Inc. 401(k) Profit Sharing Plan in ME (1,149 participants, $186M in assets).