401(k) · DOL Form 5500 · 2022

Pnm Resources, Inc. 401(k) Plan

Data updated 2026-08-11

$707M
Total assets
1,638
Participants
98th
Percentile by assets
$431,792
Avg per participant
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Official DOL plan name: Pnm Resources, Inc. Retirement Savings Plan · Sponsored by Pnm Resources, Inc. · New Mexico · Utilities

$707M in assets, 1,638 participants

Pnm Resources, Inc.'s Pnm Resources, Inc. Retirement Savings Plan reported $707M in total assets and 1,638 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #638 in Utilities (738 peers)

Coverage in New Mexico

Pnm Resources, Inc. Retirement Savings Plan covers 1,638 participants in New Mexico, 4.5x the typical New Mexico plan (state average ~365 per filing). Assets: $707M.

$707M
total plan assets (2022 EOY)
1,638
covered participants
98th
percentile by assets (of 139,126 plans)
$431,792
avg assets per participant

The plan reported a net loss of $177M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Mexico filers

In New Mexico, the average filing covers about 365 participants across 466 plans. Pnm Resources, Inc. Retirement Savings Plan reports 1,638 participants - 4.5x that state average ($707M EOY assets).

New Mexico filing particulars

Total Assets (Beginning of Year)$884M
Net Assets (End of Year)$707M
Net Income-$177M
Employer EIN850468296
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pnm Resources, Inc.)

$1.1B$1.15B$1.2B$1.25B 202220232024 $1.12B $1.21B ▲ +8.0%
Total plan assets by year, all Pnm Resources, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,859 $1.1B
2023 2 1,677 $1.2B
2024 2 1,764 $1.2B

Nearby 401(k) Plans in New Mexico

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

Pnm Resources, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants

Pnm Resources, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 050001000015000 -20246 Total assets ($B) Participants Pnm Resources, Inc. …Ntess Savings and In…Triad 401(k) Retirem…Triad 401(k) Savings…Applied Research Ass…New Mexico Electrici…
Pnm Resources, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Pnm Resources, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Pnm Resources, Inc. Retirement Savings Plan assets move in 2022?
Pnm Resources, Inc. Retirement Savings Plan declined sharply - down 20.0% during 2022, from $884M to $707M. Reported net income was -$177M.
How have Pnm Resources, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pnm Resources, Inc.'s sponsor-wide assets grew 7.9%, from $1.1B to $1.2B.
Where does Pnm Resources, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Pnm Resources, Inc. Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Pnm Resources, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Greif 401(k) Retirement Plan in OH ($709M, 6,302 participants).

Next read for Pnm Resources, Inc. Retirement Savings P…

Filing takeaways

Ways to act on Pnm Resources, Inc. Retirement Savings Plan's numbers.

  • By total assets, Pnm Resources, Inc. Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Mexico. Compare plans
  • Pnm Resources, Inc.'s sponsor-wide assets have grown 7.9% since 2022 across 3 plan years on file. More Utilities plans