Defined Benefit (Pension) · DOL Form 5500 · 2022
Asarco LLC Pension Plan
Data updated 2026-08-11
- $245M
- Total assets
- 406
- Participants
- 96th
- Percentile by assets
- $604,268
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $245M
- total plan assets (2022 EOY)
- 406
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $604,268
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Retirement Income Plan for Hourly-Rated Employees of Asarco LLC outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $297M |
|---|---|
| Net Assets (End of Year) | $245M |
| Net Income | -$52M |
| Employer EIN | 810666284 |
| Plan Effective Date | 1986-11-18 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Asarco LLC)
| 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
- Pinnacle West Capital Corporation Retirement Plan $3.2B · 5,840
- Salt River Project Employees' Retirement Plan $2.5B · 4,802
- Freeport Minerals Corporation Retirement Plan $1.4B · 2,788
- Desert States Employers & Ufcw Unions Pension Plan $960M · 25,673
- Avnet Pension Plan $591M · 2,609
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Income Plan for Hourly-Rated Employees of Asarco LLC by total assets, not by location.
Frequently Asked Questions
How did Retirement Income Plan for Hourly-Rated Employees of Asarco LLC assets move in 2022? ▼
How have Asarco LLC plan assets changed over time? ▼
Where does Retirement Income Plan for Hourly-Rated Employees of Asarco LLC rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Income Plan for Hourly-Rated Employees of Asarco LLC? ▼
Next read for Retirement Income Plan for Hourly-Rated …
Scale reading
Ways to act on Retirement Income Plan for Hourly-Rated Employees of Asarco LLC's numbers.
- By total assets, Retirement Income Plan for Hourly-Rated Employees of Asarco LLC ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Arizona. Compare plans
- Asarco LLC's sponsor-wide assets have declined 0.9% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans