Defined Benefit (Pension) · DOL Form 5500 · 2023

Freeport Minerals Corporation Pension Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
12
Participants Small participant base
83rd
Percentile by assets National rank
$3.2M
Avg per participant High balance/head
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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.

  • #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.

#557
in Mining & Oil Extraction (811 peers)
-2.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Freeport-Mcmoran Pension Plan's outsized position 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 $2,050,000,000 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

Freeport-Mcmoran Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freeport-Mcmoran Pension Plan is a small filing (12 participants) on this national headcount ladder.

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 →

Published 5500 schedule card

Filing strip 131808503 · Freeport Minerals Corporation PY 2023 · Defined Benefit (Pension)

Freeport-Mcmoran Pension Plan · $39M · 12 · 83rd

  • BOY $39M
  • SCH 12
  • EBSA 83rd
  • PART Defined Benefit (Pension)
  • TYPE near Pension Plan for Employees of Jersey Shore Steel Company, Inc.
  • NET ind #557

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 →

Freeport-Mcmoran Pension Plan in the asset neighbourhood

The Retirement Plan of Saco & Biddeford Savings InstitutionThe Retirement Plan of Saco …$39MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$39MPension Plan for Employees of Jersey Shore Steel Company, Inc.Pension Plan for Employees o…$39MRoofers Local 221 Pension Trust FundRoofers Local 221 Pension Tr…$39MFreeport-Mcmoran Pension Plan$39M
End-of-year total assets ($M) among Freeport-Mcmoran Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Freeport Minerals Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 3.52244993681113% vs 2022
2023 filing year
$1.42B$1.44B$1.46B$1.48B$1.5B 20222023 $1.43B $1.48B ▲ +3.5%
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 ($B) Participants Freeport-Mcmoran Pension Plan, Total assets ($B): 0.038985371 · Participants: 12Freeport-Mcmoran Pension PlanPinnacle 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
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 →

Freeport-Mcmoran Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Arizona, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of Jersey Shore Steel Company, Inc. in PA ($39M); by covered participants it is Niagara Frontier Anesthesia Services, LLP Cash Balance Plan in NY (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Freeport-Mcmoran Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Niagara Frontier Anesthesia Services, LLP Cash Balance Plan in NY (12 participants, N/A in assets).

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.