Defined Benefit (Pension) · DOL Form 5500 · 2024

Asarco LLC Pension Plan

Data updated 2026-08-25

$223M
Total assets Near avg plan size
298
Participants Below avg headcount
95th
Percentile by assets National rank
$747,788
Avg per participant High balance/head
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Official DOL plan name: Retirement Income Plan for Hourly-Rated Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$223M in assets, 298 participants

Asarco LLC's Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported $223M in total assets and 298 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #704 in Mining & Oil Extraction (785 peers)

Where Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits by assets

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits in the top 5% of all filed plans by assets, $223M for 298 participants (~$747,788/participant), down 7.5% in 2024.

#704
in Mining & Oil Extraction (785 peers)
-7.5%
assets change YoY
2.2×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC's outsized position by total assets

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC vs every filed plan by assets

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

$222,840,829 Top 5% higher than 95% of 123,620 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 2024

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Income Plan for Hourly-Rated Employees of Asarco LLC sits mid-pack in the medium band (298 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported net income fell from -$5M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
  • Retirement Income Plan for Hourly-Rated Employees of Asarco LLC reported participants fell from 342 in the plan year 2023 filing to 298 in the plan year 2024 filing.
  • Retirement Income Plan for Hourly-Rated Employees of Asarco LLC end-of-year assets fell from $241M in the plan year 2023 filing to $223M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 810666284 · Asarco LLC PY 2024 · Defined Benefit (Pension)

Retirement Income Plan for Hourly-Rated Employees of Asarco LLC · $223M · 298 · 95th

  • TYPE $223M
  • NET 298
  • BOOK 95th
  • VS-ST Defined Benefit (Pension)
  • BOY near University of Virginia Physicians Group Clinicians Supplemental Retirement Plan
  • SCH ind #704

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 Income Plan for Hourly-Rated Employees of Asarco LLC in the asset neighbourhood

Hagerstown Motor Carriers and Teamsters Pension PlanHagerstown Motor Carriers an…$223MRetirement Plan for Bargaining Unit Employees of the Mtc of PxdRetirement Plan for Bargaini…$223MUniversity of Virginia Physicians Group Clinicians Supplemental Retirement PlanUniversity of Virginia Physi…$223MRetirement Income Plan for Hourly-Rated Employees of Asarco LLCRetirement Income Plan for H…$223MHunt Consolidated, Inc. Fidelity Pension PlanHunt Consolidated, Inc. Fide…$222M
End-of-year total assets ($M) among Retirement Income Plan for Hourly-Rated Employees of Asarco LLC and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$241M
Net Assets (End of Year)$223M
Net Income-$18M
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 Income Plan for Hourly-Rated Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 01234 Total assets ($B) Participants Retirement Income Plan for Hourly-Rated Employees of Asarco LLC, Total assets ($B): 0.222840829 · Participants: 298Retirement Income Plan for Hourly-Rated Employees of Asarco LLCPinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.099073138 · Participants: 6044Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.908519301 · Participants: 4989Salt River Project Employees' Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 1.037847285 · Participants: 24099Desert States Employers & Ufcw Unions Pension PlanAvnet Pension Plan, Total assets ($B): 0.472409413 · Participants: 2732Avnet Pension PlanArizona Pipe Trades Pension Plan, Total assets ($B): 0.418546411 · Participants: 2281Arizona Pipe Trades Pension Plan
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Retirement Income Plan for Hourly-Rated 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 University of Virginia Physicians Group Clinicians Supplemental Retirement Plan in VA ($223M); by covered participants it is Latrobe Steel Company Pension Plan for Bargaining Unit Employees in PA (298 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Income Plan for Hourly-Rated Employees of Asarco LLC assets move in 2024? ▼
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC pulled back noticeably - down 7.5% during 2024, from $241M to $223M. Reported net income was -$18M.
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 Income Plan for Hourly-Rated Employees of Asarco LLC rank by assets among Form 5500 filers? ▼
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Income Plan for Hourly-Rated Employees of Asarco LLC? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is University of Virginia Physicians Group Clinicians Supplemental Retirement Plan in VA ($223M, 465 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Income Plan for Hourly-Rated Employees of Asarco LLC? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Latrobe Steel Company Pension Plan for Bargaining Unit Employees in PA (298 participants, $79M in assets).