Defined Benefit (Pension) · DOL Form 5500 · 2023

Asarco LLC Pension Plan

Data updated 2026-08-25

$151M
Total assets Near avg plan size
97
Participants Small participant base
94th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: Retirement Benefit Plan for Salaried Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$151M in assets, 97 participants

Asarco LLC's Retirement Benefit Plan for Salaried Employees of Asarco LLC reported $151M in total assets and 97 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

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

Where Retirement Benefit Plan for Salaried Employees of Asarco LLC sits by assets

Retirement Benefit Plan for Salaried Employees of Asarco LLC sits in the top 10% of all filed plans by assets, $151M for 97 participants (~$1.6M/participant), down 5.6% in 2023.

#706
in Mining & Oil Extraction (811 peers)
-5.6%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Benefit Plan for Salaried Employees of Asarco LLC's outsized position by total assets

Retirement Benefit Plan for Salaried Employees of Asarco LLC vs every filed plan by assets

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

$151,086,524 Top 6% higher than 94% 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

Retirement Benefit Plan for Salaried Employees of Asarco LLC among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Benefit Plan for Salaried Employees of Asarco LLC is a small filing (97 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Benefit Plan for Salaried Employees of Asarco LLC reported net income rose from -$32M in the plan year 2022 filing to -$9M in the plan year 2023 filing.
  • Retirement Benefit Plan for Salaried Employees of Asarco LLC reported participants fell from 116 in the plan year 2022 filing to 97 in the plan year 2023 filing.
  • Retirement Benefit Plan for Salaried Employees of Asarco LLC end-of-year assets fell from $160M in the plan year 2022 filing to $151M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 810666284 · Asarco LLC PY 2023 · Defined Benefit (Pension)

Retirement Benefit Plan for Salaried Employees of Asarco LLC · $151M · 97 · 94th

  • PART $151M
  • TYPE 97
  • NET 94th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Retirement Plan of the Unite Here International
  • BOY ind #706

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 Benefit Plan for Salaried Employees of Asarco LLC in the asset neighbourhood

Acco Brands Corporation Pension PlanAcco Brands Corporation Pens…$151MSunbeam Television Corporation Retirement PlanSunbeam Television Corporati…$151MRetirement Benefit Plan for Salaried Employees of Asarco LLCRetirement Benefit Plan for …$151MRetirement Plan of the Unite Here InternationalRetirement Plan of the Unite…$151MAkron General Medical Center Retirement Income PlanAkron General Medical Center…$151M
End-of-year total assets ($M) among Retirement Benefit Plan for Salaried Employees of Asarco LLC and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$160M
Net Assets (End of Year)$151M
Net Income-$9M
Employer EIN810666284
Plan Effective Date1986-11-18
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 Defined Benefit (Pension) Plans in Arizona

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Benefit Plan for Salaried Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Retirement Benefit Plan for Salaried Employees of Asarco LLC, Total assets ($B): 0.151086524 · Participants: 97Retirement Benefit Plan for Salaried Employees of Asarco LLCPinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.271793253 · Participants: 5824Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.784269809 · Participants: 4790Salt River Project Employees' Retirement PlanFreeport Minerals Corporation Retirement Plan, Total assets ($B): 1.443465749 · Participants: 2597Freeport Minerals Corporation Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 1.005171309 · Participants: 19139Desert States Employers & Ufcw Unions Pension PlanAvnet Pension Plan, Total assets ($B): 0.50129138 · Participants: 2483Avnet Pension Plan
Retirement Benefit Plan for Salaried Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Retirement Benefit Plan for Salaried 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 Retirement Plan of the Unite Here International in NY ($151M); by covered participants it is Cwc Castings Div of Textron, Inc. Hry-Rated Ees' Pen Plan in RI (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 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 Retirement Benefit Plan for Salaried Employees of Asarco LLC assets move in 2023?
Retirement Benefit Plan for Salaried Employees of Asarco LLC pulled back noticeably - down 5.6% during 2023, from $160M to $151M. Reported net income was -$9M.
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 Retirement Benefit Plan for Salaried Employees of Asarco LLC rank by assets among Form 5500 filers?
Retirement Benefit Plan for Salaried Employees of Asarco LLC ranks in the 94th 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 Defined Benefit (Pension) plans are similar in size to Retirement Benefit Plan for Salaried Employees of Asarco LLC?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of the Unite Here International in NY ($151M, 668 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Benefit Plan for Salaried Employees of Asarco LLC?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cwc Castings Div of Textron, Inc. Hry-Rated Ees' Pen Plan in RI (97 participants, $105M in assets).