401(k) · DOL Form 5500 · 2023

Asarco LLC 401(k) Plan

Data updated 2026-08-11

$107M
Total assets
371
Participants
92nd
Percentile by assets
$287,968
Avg per participant
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Official DOL plan name: Savings Plan of Asarco LLC and Participating Subsidiaries · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$107M in assets, 371 participants

Asarco LLC's Savings Plan of Asarco LLC and Participating Subsidiaries reported $107M in total assets and 371 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #678 in Mining & Oil Extraction (811 peers)

Where Savings Plan of Asarco LLC and Participating Subsidiaries sits by assets

Savings Plan of Asarco LLC and Participating Subsidiaries sits in the top 10% of all filed plans by assets, $107M for 371 participants (~$287,968/participant), up 14.0% in 2023.

$107M
total plan assets (2023 EOY)
371
covered participants
92nd
percentile by assets (of 127,072 plans)
$287,968
avg assets per participant

Where Savings Plan of Asarco LLC and Participating Subsidiaries sits by total assets

Savings Plan of Asarco LLC and Participating Subsidiaries vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$106,836,090 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savings Plan of Asarco LLC and Participating Subsidiaries reported net income rose from -$26M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Savings Plan of Asarco LLC and Participating Subsidiaries end-of-year assets rose from $94M in the plan year 2022 filing to $107M in the plan year 2023 filing.
  • Savings Plan of Asarco LLC and Participating Subsidiaries reported participants fell from 380 in the plan year 2022 filing to 371 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Savings Plan of Asarco LLC and Participating Subsidiaries vs the 2023 asset distribution

By assets, Savings Plan of Asarco LLC and Participating Subsidiaries outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$107M
Net Income$12M
Employer EIN810666284
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asarco LLC)

$555M$560M$565M$570M 202220232024 $562M $557M ▼ -0.9%
Total plan assets by year, all Asarco LLC plans on file
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.

Savings Plan of Asarco LLC and Participating Subsidiaries vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Savings Plan of Asar…, Total assets ($B): 0.10683609 · Participants: 371Savings Plan of Asar…Bechtel Trust & Thri…, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thri…Banner Health Employ…, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employ…Republic Services, I…, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, I…Freeport-Mcmoran Inc…, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc…Stantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Savings Plan of Asarco LLC and Participating Subsidiaries vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savings Plan of Asarco LLC and Participating Subsidiaries by total assets, not by location.

Frequently Asked Questions

How did Savings Plan of Asarco LLC and Participating Subsidiaries assets move in 2023?
Savings Plan of Asarco LLC and Participating Subsidiaries grew at a solid clip - up 14.0% during 2023, from $94M to $107M. Reported net income was $12M.
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 Savings Plan of Asarco LLC and Participating Subsidiaries rank by assets among Form 5500 filers?
Savings Plan of Asarco LLC and Participating Subsidiaries ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Plan of Asarco LLC and Participating Subsidiaries?
Among 401(k) plans in other states, the closest by assets is Exchange Bank Savings and Profit Sharing Plan in CA ($107M, 370 participants).

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