401(k) · DOL Form 5500 · 2023

Asarco LLC 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
1,168
Participants Near avg headcount
88th
Percentile by assets National rank
$58,463
Avg per participant Low balance/head
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Official DOL plan name: The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$68M in assets, 1,168 participants

Asarco LLC's The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported $68M in total assets and 1,168 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #625 in Mining & Oil Extraction (811 peers)

Coverage in Arizona

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC covers 1,168 participants in Arizona, 2.1x the typical Arizona plan (state average ~564 per filing). Assets: $68M.

#625
in Mining & Oil Extraction (811 peers)
+9.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's outsized position by total assets

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs every filed plan by assets

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

$68,284,351 Top 12% higher than 88% of 127,068 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 2023

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC lands in the large band (1,168 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported net income rose from -$22M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC end-of-year assets rose from $63M in the plan year 2022 filing to $68M in the plan year 2023 filing.
  • The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported participants rose from 1,149 in the plan year 2022 filing to 1,168 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 810666284 · Asarco LLC PY 2023 · 401(k)

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC · $68M · 1,168 · 88th

  • PCT $68M
  • EIN 1,168
  • RANK 88th
  • PHOTO 401(k)
  • IND near Lindsay Automotive Family Retirement Plan
  • EOY ind #625

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 →

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC in the asset neighbourhood

Lindsay Automotive Family Retirement PlanLindsay Automotive Family Re…$68MThe 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLCThe 401(k) Savings Plan for …$68MMadison Square Garden 401(k) Union PlanMadison Square Garden 401(k)…$68MCommunity Behavioral Health 403(b) PlanCommunity Behavioral Health …$68MRobert E. Mason & Associates, Inc. Profit Sharing PlanRobert E. Mason & Associates…$68M
End-of-year total assets ($M) among The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$68M
Net Income$6M
Employer EIN810666284
Plan Effective Date1990-07-01
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 401(k) Plans in Arizona

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

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC, Total assets ($B): 0.068284351 · Participants: 1168The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLCBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Lindsay Automotive Family Retirement Plan in VA ($68M); by covered participants it is Harbor Group Inc. 401(k) Plan in IA (1,168 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,168 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC assets move in 2023? ▼
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC grew at a solid clip - up 9.1% during 2023, from $63M to $68M. Reported net income was $6M.
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 The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC rank by assets among Form 5500 filers? ▼
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC? ▼
Among 401(k) plans in other states, the closest by assets is Lindsay Automotive Family Retirement Plan in VA ($68M, 763 participants).
Which 401(k) plans cover a similar participant headcount to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC? ▼
Among 401(k) plans in other states, the closest by covered participants is Harbor Group Inc. 401(k) Plan in IA (1,168 participants, $113M in assets).