Defined Benefit (Pension) · DOL Form 5500 · 2023
Asarco LLC Pension Plan
Data updated 2026-08-25
- $241M
- Total assets Near avg plan size
- 342
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $704,173
- Avg per participant High balance/head
Official DOL plan name: Retirement Income Plan for Hourly-Rated Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction
$241M in assets, 342 participants
Asarco LLC's Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported $241M in total assets and 342 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #738 in Mining & Oil Extraction (811 peers)
Where Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits by assets
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits in the top 5% of all filed plans by assets, $241M for 342 participants (~$704,173/participant), down 1.8% in 2023.
- #738
- in Mining & Oil Extraction (811 peers)
- -1.8%
- assets change YoY
- 2.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC's outsized position by total assets
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$240,827,071 Top 5% higher than 95% 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
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits mid-pack in the medium band (342 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported net income rose from -$52M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
- Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported participants fell from 406 in the plan year 2022 filing to 342 in the plan year 2023 filing.
- Retirement Income Plan for Hourly-Rated Employees of Asarco LLC end-of-year assets fell from $245M in the plan year 2022 filing to $241M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 810666284 · Asarco LLC PY 2023 · Defined Benefit (Pension)
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC · $241M · 342 · 95th
- EBSA $241M
- EBSA 342
- EBSA 95th
- EBSA Defined Benefit (Pension)
- EBSA near Capital One Financial Corporation Cash Balance Pension Plan
- EBSA ind #738
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 →
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $245M |
|---|---|
| Net Assets (End of Year) | $241M |
| Net Income | -$5M |
| Employer EIN | 810666284 |
| Plan Effective Date | 1986-11-18 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 2,051 | $562M |
| 2023 | 4 | 1,978 | $567M |
| 2024 | 4 | 2,060 | $557M |
Nearby Defined Benefit (Pension) Plans in Arizona
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Pinnacle West Capital Corporation Retirement Plan $3.3B · 5,824
- Salt River Project Employees' Retirement Plan $2.8B · 4,790
- Freeport Minerals Corporation Retirement Plan $1.4B · 2,597
- Desert States Employers & Ufcw Unions Pension Plan $1.0B · 19,139
- Avnet Pension Plan $501M · 2,483
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Arizona, the nearest Defined Benefit (Pension) by assets is Capital One Financial Corporation Cash Balance Pension Plan in VA ($241M); by covered participants it is Ing Financial Services LLC Retirement Plan in NY (342 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($241M here).
- Capital One Financial Corporation Cash Balance Pension Plan (VA) $241M · 649
- Dtts Pension Plan (NY) $241M · 1,872
- Steamfitters Local Union No. 464 Pension Plan (NE) $240M · 1,136
- Westchester Teamsters Local 456 Pension Fund (NY) $241M · 983
Similar participant headcount
Nearest other-state filings by covered participants (342 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.