Plan Ledger DOL Form 5500 · updated monthly

Asarco LLC401(k)

SAVINGS PLAN OF ASARCO LLC AND PARTICIPATING SUBSIDIARIES · SAHUARITA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Asarco LLC reported $59,803 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,474 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 110th-largest of 1,285 plans among Arizona employers on file, and the 101st of 612 in mining, oil & gas extraction. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 371 to 467 since 2022.

Plan summary
Net assets, end of year$118,234,059
Participants with balances704
Active participants467
Employer contributions$2,089,477
Employee contributions$2,937,028
Employer contribution per active participant$4,474
Average account balance$167,946
Benefits paid to participants$10,418,698
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$118.2M · 704 accts · $2.1M emplr
2023$106.8M · 670 accts · $1.8M emplr
2022$93.7M · 639 accts · $1.8M emplr
The Asarco LLC 401(k) match · 2024
Employer contribution per active participant$4,474
Median for plans this size$3,635
2024$4,474 per active participant
2023$4,159 per active participant
2022$4,739 per active participant

Asarco LLC's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$61,384

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,803 · 0.05%
2023$41,353 · 0.04%
2022$9,738 · 0.01%
All plans at this employer2
SAVINGS PLAN OF ASARCO LLC AND PARTICIPATING SUBSIDIARIES401(k)
THE 401(K) SAVINGS PLAN FOR ELIGIBLE HOURLY-RATED EMPLOYEES OF ASARCO LLC401(k)
Same employer
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Freeport-McMoran Inc. AZ$2.7B · 0.01%
J-W Power Company TX$119.4M · 0.12%
Blackhawk Mining, LLC KY$119.4M · 0.21%
Tetra Technologies, Inc. TX$113.6M · 0.04%
Eni US Operating Co. Inc. TX$112.4M · 0.22%
Kosmos Energy, LLC TX$111.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810666284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.