Defined Benefit (Pension) · DOL Form 5500 · 2023

Southern Copper Corporation Pension Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
N/A
Participants Small participant base
57th
Percentile by assets National rank
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Official DOL plan name: Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation · Sponsored by Southern Copper Corporation · Arizona · Mining & Oil Extraction

$9M in assets, N/A participants

Southern Copper Corporation's Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation reported $9M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

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

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation ranks #296 of 811 2023 filers by assets (1295% of the sector average)-$9M for N/A participants.

#296
in Mining & Oil Extraction (811 peers)
-8.7%
assets change YoY

The plan reported a net loss of $889K 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 Southern Copper Corporation's mid-pack asset rank among Mining & Oil Extraction and all filers

Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation vs every filed plan by assets

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

$9,496,324 Top 43% higher than 57% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation end-of-year assets fell from $10M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133849074 · Southern Copper Corporation PY 2023 · Defined Benefit (Pension)

Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation · $9M · N/A · 57th

  • BOOK $9M
  • BOOK N/A
  • BOOK 57th
  • BOOK Defined Benefit (Pension)
  • BOOK near Alaska Communications Systems Retirement Plan
  • BOOK ind #296

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 Southern Copper Corporation in the asset neighbourhood

Defined Benefit Pension Plan of Ladacin Network, Inc.Defined Benefit Pension Plan…$10MRetirement Benefit Plan for Salaried Employees of Southern Copper CorporationRetirement Benefit Plan for …$9MHolsum De Puerto Rico, Inc. Employees' Retirement PlanHolsum De Puerto Rico, Inc. …$9MAlaska Communications Systems Retirement PlanAlaska Communications System…$9MInvensys Pension Plan$9M
End-of-year total assets ($M) among Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$889K
Employer EIN133849074
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Copper Corporation)

Sponsor-wide plan assets over time

All Southern Copper Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 11.036745315993105% vs 2022
2024 filing year
$9M$9.5M$10M$10.5M$11M 202220232024 $10.4M $9.25M ▼ -11.1%
Year Plans Participants Total Assets
2022 1 N/A $10M
2023 1 N/A $9M
2024 1 N/A $9M

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 Southern Copper Corporation vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation, Total assets ($B): 0.009496324 · Participants: 0Retirement Benefit Plan for Salaried Employees of Southern Copper CorporationPinnacle 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 Southern Copper Corporation vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Arizona, the nearest Defined Benefit (Pension) by end-of-year assets is Alaska Communications Systems Retirement Plan in AK at $9M (this filing: $9M).

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 Southern Copper Corporation assets move in 2023?
Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation pulled back noticeably - down 8.7% during 2023, from $10M to $9M. Reported net income was -$889K.
How have Southern Copper Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Copper Corporation's sponsor-wide assets declined 11.0%, from $10M to $9M.
Which Defined Benefit (Pension) plans are similar in size to Retirement Benefit Plan for Salaried Employees of Southern Copper Corporation?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska Communications Systems Retirement Plan in AK ($9M, 2 participants).