Defined Benefit (Pension) · DOL Form 5500 · 2022

Asarco LLC Pension Plan

Data updated 2026-08-25

$245M
Total assets Near avg plan size
406
Participants Below avg headcount
96th
Percentile by assets National rank
$604,268
Avg per participant High balance/head
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Official DOL plan name: Retirement Income Plan for Hourly-Rated Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$245M in assets, 406 participants

Asarco LLC's Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported $245M in total assets and 406 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

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

Where Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits by assets

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits in the top 5% of all filed plans by assets, $245M for 406 participants (~$604,268/participant), down 17.4% in 2022.

#827
in Mining & Oil Extraction (892 peers)
-17.4%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC's outsized position by total assets

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC vs every filed plan by assets

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

$245,332,875 Top 4% higher than 96% 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

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits mid-pack in the medium band (406 participants).

Published 5500 schedule card

Filing strip 810666284 · Asarco LLC PY 2022 · Defined Benefit (Pension)

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC · $245M · 406 · 96th

  • TYPE $245M
  • TYPE 406
  • TYPE 96th
  • TYPE Defined Benefit (Pension)
  • TYPE near Covestro LLC Pension Plan
  • TYPE ind #827

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 →

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC in the asset neighbourhood

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$246MThe Nielsen Company Retirement PlanThe Nielsen Company Retireme…$246MPerkinelmer, Inc. Employees Retirement PlanPerkinelmer, Inc. Employees …$246MCovestro LLC Pension Plan$246MRetirement Income Plan for Hourly-Rated Employees of Asarco LLCRetirement Income Plan for H…$245M
End-of-year total assets ($M) among Retirement Income Plan for Hourly-Rated Employees of Asarco LLC and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$245M
Net Income-$52M
Employer EIN810666284
Plan Effective Date1986-11-18
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 Defined Benefit (Pension) Plans in Arizona

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 01234 Total assets ($B) Participants Retirement Income Plan for Hourly-Rated Employees of Asarco LLC, Total assets ($B): 0.245332875 · Participants: 406Retirement Income Plan for Hourly-Rated Employees of Asarco LLCPinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.218517042 · Participants: 5840Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.527412379 · Participants: 4802Salt River Project Employees' Retirement PlanFreeport Minerals Corporation Retirement Plan, Total assets ($B): 1.392187623 · Participants: 2788Freeport Minerals Corporation Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 0.96033994 · Participants: 25673Desert States Employers & Ufcw Unions Pension PlanAvnet Pension Plan, Total assets ($B): 0.591298167 · Participants: 2609Avnet Pension Plan
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Arizona, the nearest Defined Benefit (Pension) by assets is Covestro LLC Pension Plan in PA ($246M); by covered participants it is Retirement Plan for Employees of White Plains Hospital Medical Center in NY (406 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (406 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 Retirement Income Plan for Hourly-Rated Employees of Asarco LLC assets move in 2022? ▼
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC declined sharply - down 17.4% during 2022, from $297M to $245M. Reported net income was -$52M.
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 Retirement Income Plan for Hourly-Rated Employees of Asarco LLC rank by assets among Form 5500 filers? ▼
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Income Plan for Hourly-Rated Employees of Asarco LLC? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Covestro LLC Pension Plan in PA ($246M, 823 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Income Plan for Hourly-Rated Employees of Asarco LLC? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of White Plains Hospital Medical Center in NY (406 participants, $126M in assets).