Defined Benefit (Pension) · DOL Form 5500 · 2023

Freeport Minerals Corporation Pension Plan

Data updated 2026-08-11

$39M
Total assets
12
Participants
83rd
Percentile by assets
$3.2M
Avg per participant
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Official DOL plan name: Freeport-Mcmoran Pension Plan · Sponsored by Freeport Minerals Corporation · Arizona · Mining & Oil Extraction

$39M in assets, 12 participants

Freeport Minerals Corporation's Freeport-Mcmoran Pension Plan reported $39M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 127,072 plans)
  • #557 in Mining & Oil Extraction (811 peers)

Where Freeport-Mcmoran Pension Plan sits by assets

Freeport-Mcmoran Pension Plan sits in the top quartile of all filed plans by assets, $39M for 12 participants (~$3.2M/participant), down 2.1% in 2023.

$39M
total plan assets (2023 EOY)
12
covered participants
83rd
percentile by assets (of 127,072 plans)
$3.2M
avg assets per participant

The plan reported a net loss of $807K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Freeport-Mcmoran Pension Plan sits by total assets

Freeport-Mcmoran Pension Plan vs every filed plan by assets

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

$38,985,371 Top 17% higher than 83% 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

  • Freeport-Mcmoran Pension Plan reported net income rose from -$3M in the plan year 2022 filing to -$807K in the plan year 2023 filing.
  • Freeport-Mcmoran Pension Plan reported participants fell from 14 in the plan year 2022 filing to 12 in the plan year 2023 filing.
  • Freeport-Mcmoran Pension Plan end-of-year assets fell from $40M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Arizona
Industry
Mining & Oil Extraction

Freeport-Mcmoran Pension Plan vs the 2023 asset distribution

By assets, Freeport-Mcmoran Pension Plan outranks 83% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$39M
Net Income-$807K
Employer EIN131808503
Plan Effective Date1951-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freeport Minerals Corporation)

$1.42B$1.44B$1.46B$1.48B$1.5B 20222023 $1.43B $1.48B ▲ +3.5%
Total plan assets by year, all Freeport Minerals Corporation plans on file
Year Plans Participants Total Assets
2022 2 2,802 $1.4B
2023 2 2,609 $1.5B

Nearby Defined Benefit (Pension) Plans in Arizona

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

Freeport-Mcmoran Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Freeport-Mcmoran Pen…, Total assets ($B): 0.038985371 · Participants: 12Freeport-Mcmoran Pen…Pinnacle West Capita…, Total assets ($B): 3.271793253 · Participants: 5824Pinnacle West Capita…Salt River Project E…, Total assets ($B): 2.784269809 · Participants: 4790Salt River Project E…Freeport Minerals Co…, Total assets ($B): 1.443465749 · Participants: 2597Freeport Minerals Co…Desert States Employ…, Total assets ($B): 1.005171309 · Participants: 19139Desert States Employ…Avnet Pension Plan, Total assets ($B): 0.50129138 · Participants: 2483Avnet Pension Plan
Freeport-Mcmoran Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
Compare Freeport-Mcmoran Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Freeport-Mcmoran Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Freeport-Mcmoran Pension Plan assets move in 2023? ▼
Freeport-Mcmoran Pension Plan edged down modestly - down 2.1% during 2023, from $40M to $39M. Reported net income was -$807K.
How have Freeport Minerals Corporation plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Freeport Minerals Corporation's sponsor-wide assets grew 3.5%, from $1.4B to $1.5B.
Where does Freeport-Mcmoran Pension Plan rank by assets among Form 5500 filers? ▼
Freeport-Mcmoran Pension Plan ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to Freeport-Mcmoran Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of Jersey Shore Steel Company, Inc. in PA ($39M, 35 participants).

Next read for Freeport-Mcmoran Pension Plan

Scale reading

Ways to act on Freeport-Mcmoran Pension Plan'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 131808503.

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.