401(k) · DOL Form 5500 · 2024

Asarco LLC 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
1,251
Participants Near avg headcount
88th
Percentile by assets National rank
$61,080
Avg per participant Low balance/head
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Official DOL plan name: The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC · Sponsored by Asarco LLC · Arizona · Mining & Oil Extraction

$76M in assets, 1,251 participants

Asarco LLC's The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported $76M in total assets and 1,251 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

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

Coverage in Arizona

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC covers 1,251 participants in Arizona, 2.2x the typical Arizona plan (state average ~564 per filing). Assets: $76M.

#614
in Mining & Oil Extraction (785 peers)
+11.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's outsized position by total assets

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs every filed plan by assets

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

$76,411,559 Top 12% higher than 88% 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

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC lands in the large band (1,251 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported net income rose from $6M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC end-of-year assets rose from $68M in the plan year 2023 filing to $76M in the plan year 2024 filing.
  • The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC reported participants rose from 1,168 in the plan year 2023 filing to 1,251 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 810666284 · Asarco LLC PY 2024 · 401(k)

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC · $76M · 1,251 · 88th

  • EIN $76M
  • RANK 1,251
  • PHOTO 88th
  • IND 401(k)
  • EOY near Vermont Mutual Insurance Company 401(k) Plan
  • 5500 ind #614

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 →

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC in the asset neighbourhood

Klarquist Sparkman, LLP 401(k) Retirement PlanKlarquist Sparkman, LLP 401(…$76MThe 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLCThe 401(k) Savings Plan for …$76MVermont Mutual Insurance Company 401(k) PlanVermont Mutual Insurance Com…$76MCfg Savings & Profit Sharing PlanCfg Savings & Profit Sharing…$76MMid-Atlantic Nephrology Associates, P.a. 401(k) Profit Sharing PlanMid-Atlantic Nephrology Asso…$76M
End-of-year total assets ($M) among The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$76M
Net Income$8M
Employer EIN810666284
Plan Effective Date1990-07-01
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 401(k) Plans in Arizona

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

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC, Total assets ($B): 0.076411559 · Participants: 1251The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLCBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 401(k) Plan
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC vs. nearby 401(k) plans in Arizona, assets vs. participants

The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Vermont Mutual Insurance Company 401(k) Plan in VT ($76M); by covered participants it is Goodleap, LLC 401(k) Plan in CA (1,251 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,251 participants); asset peers above are excluded.

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 The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC assets move in 2024?
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC grew at a solid clip - up 11.9% during 2024, from $68M to $76M. Reported net income was $8M.
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 The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC rank by assets among Form 5500 filers?
The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC?
Among 401(k) plans in other states, the closest by assets is Vermont Mutual Insurance Company 401(k) Plan in VT ($76M, 316 participants).
Which 401(k) plans cover a similar participant headcount to The 401(k) Savings Plan for Eligible Hourly-Rated Employees of Asarco LLC?
Among 401(k) plans in other states, the closest by covered participants is Goodleap, LLC 401(k) Plan in CA (1,251 participants, $49M in assets).