401(k) · DOL Form 5500 · 2024

Kennecott Utah Copper LLC 401(k) Plan

Data updated 2026-08-11

$130M
Total assets
1,322
Participants
92nd
Percentile by assets
$98,684
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees · Sponsored by Kennecott Utah Copper LLC · Utah · Mining & Oil Extraction

$130M in assets, 1,322 participants

Kennecott Utah Copper LLC's Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees reported $130M in total assets and 1,322 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #670 in Mining & Oil Extraction (785 peers)

Coverage in Utah

Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees covers 1,322 participants in Utah, 2.2x the typical Utah plan (state average ~592 per filing). Assets: $130M.

$130M
total plan assets (2024 EOY)
1,322
covered participants
92nd
percentile by assets (of 123,622 plans)
$98,684
avg assets per participant

Where Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees sits by total assets

Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$130,460,901 Top 8% higher than 92% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees reported net income fell from $21M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees end-of-year assets rose from $115M in the plan year 2023 filing to $130M in the plan year 2024 filing.
  • Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees reported participants fell from 1,353 in the plan year 2023 filing to 1,322 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees reports 1,322 participants - 2.2x that state average ($130M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$115M
Net Assets (End of Year)$130M
Net Income$17M
Employer EIN133108078
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennecott Utah Copper LLC)

$80M$100M$120M$140M 202220232024 $95.7M $130M ▲ +36.4%
Total plan assets by year, all Kennecott Utah Copper LLC plans on file
Year Plans Participants Total Assets
2022 1 1,285 $96M
2023 1 1,353 $115M
2024 1 1,322 $130M

Nearby 401(k) Plans in Utah

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

Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Kennecott Utah Coppe…, Total assets ($B): 0.130460901 · Participants: 1322Kennecott Utah Coppe…Intermountain Health…, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health…Deseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation…, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation…Skywest, Inc. Employ…, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employ…Rio Tinto America In…, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America In…
Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees by total assets, not by location.

Frequently Asked Questions

How did Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees assets move in 2024?
Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees grew at a solid clip - up 13.8% during 2024, from $115M to $130M. Reported net income was $17M.
How have Kennecott Utah Copper LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennecott Utah Copper LLC's sponsor-wide assets grew 36.4%, from $96M to $130M.
Where does Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees rank by assets among Form 5500 filers?
Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees?
Among 401(k) plans in other states, the closest by assets is Grocery Outlet Inc. Retirement Plan in CA ($130M, 868 participants).

Next read for Kennecott Utah Copper 401(k) Savings and…

Filing takeaways

Ways to act on Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees's numbers.

  • By total assets, Kennecott Utah Copper 401(k) Savings and Retirement Contribution Plan for Represented Employees ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
  • Kennecott Utah Copper LLC's sponsor-wide assets have grown 36.4% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans