Asarco LLC

Sahuarita, AZ Mining & energyNAICS 212200

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
1,008Participants+2% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 2Mining & energy in AZBy participants

Overview

Asarco LLC sponsors a self-funded health plan that covered 1,008 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,008 · prior year 991
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Asarco Health Plan, plan 504 (1,008 participants); Asarco Retiree Medical Plan, plan 544 (918 participants); Asarco, LLC Non-Union Employee Benefits Plan, plan 506 (495 participants); Asarco Flexible Spending Account, plan 534 (203 participants)
Broker compensation
$137K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability4,315$3.9M$131K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal119$34K$6K
National Union Fire Insurance Company of Pittsburgh, PABusiness Travel Accident495$2K—

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$2.4M/ year

Estimated prescription spend: 1,008 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$153K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$27K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Asarco LLC
Sponsor EIN
81-0666284
Plan numbers
504, 544, 506, 534
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-0666284 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Retirement Income Plan for Hourly-Rated Employees of Asarco LLC
Type
Pension plan
Participants
6,000

About this data

Source: Asarco LLC's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Asarco LLC.

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