Freeport-Mcmoran Inc. Employee Capital Accumulation Program — Form 5500 plan (Freeport-Mcmoran Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Freeport-Mcmoran Inc. Employee Capital Accumulation Program is a benefit plan reported by Freeport-Mcmoran Inc. under EIN 74-2480931 and plan number 001. The latest loaded filing year is 2023. The filing reports 17,146 participants and $2,323,111,586 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Freeport-Mcmoran Inc.
EIN
74-2480931
Plan number
001
Plan type
2
Location
Phoenix, AZ
Latest filing year
2023
Participants
17,146
End-of-year plan assets
$2,323,111,586

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202317,146H, C20241010093521NAL0011338371004

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,323,111,586
Total liabilities (EOY)
$804,914
Net assets (EOY)
$2,322,306,672
Net assets (BOY)
$1,922,536,069

Income & contributions

Employer contributions
$119,775,763
Participant contributions
$96,766,031
Total contributions
$220,247,125
Total income / additions
$548,625,446

Expenses & distributions

Benefits paid
$148,568,668
Administrative expenses
$286,119
Total expenses
$148,854,843
Net increase / (decrease)
$399,770,603

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Schwab Retirement Plan Services,IncNONE$277,951not reported in the loaded dataset2023
Charles Schwab & Co., Inc.NONE$50,992$112023
Dynasty Wealth Management LLCNONE$7,522not reported in the loaded dataset2023

Related Form 5500 pages