401(k) · DOL Form 5500 · 2023
Freeport-Mcmoran Inc. 401(k) Plan
Data updated 2026-08-25
- $2.3B
- Total assets Very large vs avg
- 13,105
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $177,269
- Avg per participant Above avg balance/head
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.
- #803 in Mining & Oil Extraction (811 peers)
Coverage in Arizona
Freeport-Mcmoran Inc. Employee Capital Accumulation Program covers 13,105 participants in Arizona, 23x the typical Arizona plan (state average ~564 per filing). Assets: $2.3B.
- #803
- in Mining & Oil Extraction (811 peers)
- +20.8%
- assets growth YoY
- 23×
- vs typical plan assets (national mean)
Freeport-Mcmoran Inc. Employee Capital Accumulation Program's outsized position by total assets
Freeport-Mcmoran Inc. Employee Capital Accumulation Program vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,323,111,586 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Freeport-Mcmoran Inc. Employee Capital Accumulation Program's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freeport-Mcmoran Inc. Employee Capital Accumulation Program is a mega filing (13,105 participants), the rightmost band on the breakdown.
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.
EBSA filing schedule strip
Filing strip 742480931 · Freeport-Mcmoran Inc. PY 2023 · 401(k)
Freeport-Mcmoran Inc. Employee Capital Accumulation Program · $2.3B · 13,105 · 99th
- IND $2.3B
- EOY 13,105
- 5500 99th
- ASSETS 401(k)
- PCT near Idaho National Laboratory Employee Investment Plan
- EIN ind #803
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 →
Freeport-Mcmoran Inc. Employee Capital Accumulation Program in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $2.3B |
| Net Income | $400M |
| Employer EIN | 742480931 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Freeport-Mcmoran Inc.)
Sponsor-wide plan assets over time
All Freeport-Mcmoran Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.7B 38.863932000765146% vs 2022
- 2024 filing year
| 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.
- Bechtel Trust & Thrift Plan $5.7B · 7,448
- Banner Health Employees 401(k) Plan $4.3B · 52,452
- Republic Services, Inc. 401(k) Plan $2.4B · 28,131
- Stantec 401(k) Plan $2.0B · 10,719
- Reliance, Inc. Master 401(k) Plan $1.5B · 10,729
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 (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 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:
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program (401(k), $2.7B, 13,770 participants)
Freeport-Mcmoran Inc. Employee Capital Accumulation Program's out-of-state 401(k) peers by assets and headcount
Outside Arizona, the nearest 401(k) by assets is Idaho National Laboratory Employee Investment Plan in ID ($2.3B); by covered participants it is Cleveland-Cliffs Steel LLC Hourly 401(k) Plan in IL (13,113 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.3B here).
- Idaho National Laboratory Employee Investment Plan (ID) $2.3B · 6,419
- Bellsouth Savings and Security Plan (TX) $2.3B · 12,774
- Hartford Healthcare 401(k) Retirement Plan (CT) $2.3B · 26,064
- The Boston Consulting Group, Inc. Employees' Savings Plan and Profit Sharing Retirement Fund (MA) $2.3B · 9,903
Similar participant headcount
Nearest other-state filings by covered participants (13,105 participants); asset peers above are excluded.
- Cleveland-Cliffs Steel LLC Hourly 401(k) Plan (IL) 13,113 · 8 off
- Sony USA 401(k) Plan (NY) 13,118 · 13 off
- Guitar Center, Inc. 401(k) Plan (CA) 13,065 · 40 off
- Baystate Health, Inc Retirement Plan (MA) 13,151 · 46 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.