401(k) · DOL Form 5500 · 2023

Asarco LLC 401(k) Plan

Data updated 2026-08-11

$68M
Total assets
1,168
Participants
88th
Percentile by assets
$58,463
Avg per participant
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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.

  • 88th percentile by assets (of 127,072 plans)
  • #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.

$68M
total plan assets (2023 EOY)
1,168
covered participants
88th
percentile by assets (of 127,072 plans)
$58,463
avg assets per participant

Where The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC sits 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 $2,010,000,000 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

  • 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 →

State
Arizona
Industry
Mining & Oil Extraction

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reports 1,168 participants - 2.1x that state average ($68M EOY assets).

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)

$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.

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 ($B) Participants The 401(k) Savings P…, Total assets ($B): 0.068284351 · Participants: 1168The 401(k) Savings P…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
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare The 401(k) Savings Plan for Eligible Hou… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC by total assets, not by location.

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).

Next read for The 401(k) Savings Plan for Eligible Hou…

Filing takeaways

Ways to act on The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 810666284.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.