Defined Benefit (Pension) · DOL Form 5500 · 2024
Asarco LLC Pension Plan
Data updated 2026-07-24
- $139M
- Total assets
- 84
- Participants
- 93rd
- Percentile by assets
- $1.7M
- Avg per participant
Official DOL plan name: Retirement Benefit Plan for Salaried Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction
$139M in assets, 84 participants
Asarco LLC's Retirement Benefit Plan for Salaried Employees of Asarco LLC reported $139M in total assets and 84 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
Where Retirement Benefit Plan for Salaried Employees of Asarco LLC sits by assets
Retirement Benefit Plan for Salaried Employees of Asarco LLC sits in the top 10% of all filed plans by assets, $139M for 84 participants (~$1.7M/participant), down 8.0% in 2024.
- $139M
- total plan assets (2024 EOY)
- 84
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $1.7M
- avg assets per participant
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Retirement Benefit Plan for Salaried Employees of Asarco LLC reported net income fell from -$9M in the plan year 2023 filing to -$12M in the plan year 2024 filing.
- Retirement Benefit Plan for Salaried Employees of Asarco LLC reported participants fell from 97 in the plan year 2023 filing to 84 in the plan year 2024 filing.
- Retirement Benefit Plan for Salaried Employees of Asarco LLC end-of-year assets fell from $151M in the plan year 2023 filing to $139M in the plan year 2024 filing.
Retirement Benefit Plan for Salaried Employees of Asarco LLC vs the 2024 asset distribution
By assets, Retirement Benefit Plan for Salaried Employees of Asarco LLC outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $151M |
|---|---|
| Net Assets (End of Year) | $139M |
| Net Income | -$12M |
| Employer EIN | 810666284 |
| Plan Effective Date | 1986-11-18 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Asarco LLC)
| 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 Benefit Plan for Salaried Employees of Asarco LLC vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants
- Pinnacle West Capital Corporation Retirement Plan $3.1B · 6,044
- Salt River Project Employees' Retirement Plan $2.9B · 4,989
- Desert States Employers & Ufcw Unions Pension Plan $1.0B · 24,099
- Avnet Pension Plan $472M · 2,732
- Liberty Utilities Defined Benefit Pension Plan $405M · 578
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Benefit Plan for Salaried Employees of Asarco LLC by total assets, not by location.
- Ineos USA Pension Plan (TX) $139M · 477
- Retirement Plan for Employees of Highland Hospital of Rochester, Ny (NY) $139M · 390
- Ledvance LLC Pension Plan (MA) $139M · 128
- Roofers Union Local No.33 Pension Fund (MA) $139M · 523
Frequently Asked Questions
How did Retirement Benefit Plan for Salaried Employees of Asarco LLC assets move in 2024? ▼
How have Asarco LLC plan assets changed over time? ▼
Where does Retirement Benefit Plan for Salaried Employees of Asarco LLC rank by assets among Form 5500 filers? ▼
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Ways to act on Retirement Benefit Plan for Salaried Employees of Asarco LLC's numbers.
- By total assets, Retirement Benefit Plan for Salaried Employees of Asarco LLC ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Arizona. Compare plans
- Asarco LLC's sponsor-wide assets have declined 0.9% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 810666284.
Read our methodology - how this data is sourced, computed, and verified.