401(k) · DOL Form 5500 · 2023

Freeport-Mcmoran Inc. 401(k) Plan

Data updated 2026-08-06

$2.3B
Total assets
13,105
Participants
99th
Percentile by assets
$177,269
Avg per participant
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Official DOL plan name: Freeport-Mcmoran Inc. Employee Capital Accumulation Program · Sponsored by Freeport-Mcmoran Inc. · Arizona · Mining & Oil Extraction

$2.3B in assets, 13,105 participants

Freeport-Mcmoran Inc.'s Freeport-Mcmoran Inc. Employee Capital Accumulation Program reported $2.3B in total assets and 13,105 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #799 in Mining & Oil Extraction (807 peers)

Coverage in Arizona

Freeport-Mcmoran Inc. Employee Capital Accumulation Program covers 13,105 participants in Arizona, 23x the typical Arizona plan (state average ~577 per filing). Assets: $2.3B.

$2.3B
total plan assets (2023 EOY)
13,105
covered participants
99th
percentile by assets (of 126,618 plans)
$177,269
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freeport-Mcmoran Inc. Employee Capital Accumulation Program reported net income rose from -$325M in the plan year 2022 filing to $400M in the plan year 2023 filing.
  • Freeport-Mcmoran Inc. Employee Capital Accumulation Program end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
  • Freeport-Mcmoran Inc. Employee Capital Accumulation Program reported participants rose from 12,362 in the plan year 2022 filing to 13,105 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Arizona filers

In Arizona, the average filing covers about 577 participants across 2,182 plans. Freeport-Mcmoran Inc. Employee Capital Accumulation Program reports 13,105 participants - 23x that state average ($2.3B EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.3B
Net Income$400M
Employer EIN742480931
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freeport-Mcmoran Inc.)

$1.5B$2B$2.5B$3B 202220232024 $1.92B $2.67B ▲ +39.1%
Total plan assets by year, all Freeport-Mcmoran Inc. plans on file
Year Plans Participants Total Assets
2022 1 12,362 $1.9B
2023 1 13,105 $2.3B
2024 1 13,770 $2.7B

Nearby 401(k) Plans in Arizona

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

Freeport-Mcmoran Inc. Employee Capital Accumulation Program vs. nearby 401(k) plans in Arizona, assets vs. participants

Freeport-Mcmoran Inc. Employee Capital Accumulation Program vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 123456 Total assets ($B) Participants Freeport-Mcmoran Inc…Bechtel Trust & Thri…Banner Health Employ…Republic Services, I…Stantec 401(k) PlanReliance, Inc. Maste…
Freeport-Mcmoran Inc. Employee Capital Accumulation Program vs. nearby 401(k) plans in Arizona, assets vs. participants

Scale composition for Freeport-Mcmoran Inc. Employee Capital Accumulation Program

Freeport-Mcmoran Inc. Employee Capital Accumulation Program reports $2.3B in end-of-year assets across 13,105 participants (0.020% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $177,269 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $400M.

This plan identity (EIN 742480931, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $2.7B (+38.9%) while covered participants moved from 12,362 to 13,770 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,362 $1.9B Open filing
2023 13,105 $2.3B This page
2024 · index core 13,770 $2.7B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Freeport-Mcmoran Inc. Employee Capital Accumulation Program by total assets, not by location.

Frequently Asked Questions

How did Freeport-Mcmoran Inc. Employee Capital Accumulation Program assets move in 2023?
Freeport-Mcmoran Inc. Employee Capital Accumulation Program grew sharply - up 20.8% during 2023, from $1.9B to $2.3B. Reported net income was $400M.
How have Freeport-Mcmoran Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Freeport-Mcmoran Inc.'s sponsor-wide assets grew 38.9%, from $1.9B to $2.7B.
Where does Freeport-Mcmoran Inc. Employee Capital Accumulation Program rank by assets among Form 5500 filers?
Freeport-Mcmoran Inc. Employee Capital Accumulation Program ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Freeport-Mcmoran Inc. Employee Capital Accumulation Program?
Among 401(k) plans in other states, the closest by assets is Idaho National Laboratory Employee Investment Plan in ID ($2.3B, 6,419 participants).

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Filing takeaways

Ways to act on Freeport-Mcmoran Inc. Employee Capital Accumulation Program's numbers.