401(k) · DOL Form 5500 · 2022

El Paso Electric Company 401(k) Plan

Data updated 2026-08-25

$185M
Total assets Near avg plan size
702
Participants Below avg headcount
95th
Percentile by assets National rank
$263,210
Avg per participant High balance/head
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Official DOL plan name: El Paso Electric Company Savings Plan · Sponsored by El Paso Electric Company · Texas · Utilities

$185M in assets, 702 participants

El Paso Electric Company's El Paso Electric Company Savings Plan reported $185M in total assets and 702 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #540 in Utilities (738 peers)

Utilities sector rank

Within Utilities, El Paso Electric Company Savings Plan ranks #540 of 738 2022 filers by assets (291% of the sector average)-$185M for 702 participants.

#540
in Utilities (738 peers)
+8.6%
assets growth YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $39M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

El Paso Electric Company Savings Plan's outsized position by total assets

El Paso Electric Company Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$184,773,345 Top 5% higher than 95% of 139,123 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 2022

El Paso Electric Company Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. El Paso Electric Company Savings Plan sits mid-pack in the medium band (702 participants).

Plan-year Form 5500 strip

Filing strip 740607870 · El Paso Electric Company PY 2022 · 401(k)

El Paso Electric Company Savings Plan · $185M · 702 · 95th

  • TYPE $185M
  • NET 702
  • BOOK 95th
  • VS-ST 401(k)
  • BOY near Integrated Anesthesia Associates, LLC 401(k) Retirement Savings Plan
  • SCH ind #540

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 Utilities retirement plans → · Plans in Texas →

El Paso Electric Company Savings Plan in the asset neighbourhood

Penn National Insurance 401(k) Retirement Savings PlanPenn National Insurance 401(…$185MEl Paso Electric Company Savings PlanEl Paso Electric Company Sav…$185MIntegrated Anesthesia Associates, LLC 401(k) Retirement Savings PlanIntegrated Anesthesia Associ…$185MVns Health Retirement Savings PlanVns Health Retirement Saving…$185MGavilon 401(k) Plan for Salaried and Hourly EmployeesGavilon 401(k) Plan for Sala…$185M
End-of-year total assets ($M) among El Paso Electric Company Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$170M
Net Assets (End of Year)$185M
Net Income-$39M
Employer EIN740607870
Plan Effective Date1984-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (El Paso Electric Company)

Sponsor-wide plan assets over time

All El Paso Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$519M 13.78440810631743% vs 2022
2024 filing year
$440M$460M$480M$500M$520M$540M 202220232024 $456M $519M ▲ +13.8%
Year Plans Participants Total Assets
2022 3 2,169 $456M
2023 2 2,253 $499M
2024 2 2,203 $519M

Nearby 401(k) Plans in Texas

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

El Paso Electric Company Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants El Paso Electric Company Savings Plan, Total assets ($B): 0.184773345 · Participants: 702El Paso Electric Company Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
El Paso Electric Company Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare El Paso Electric Company Savings Plan side-by-side with 3 peers →

El Paso Electric Company Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Integrated Anesthesia Associates, LLC 401(k) Retirement Savings Plan in CT ($185M); by covered participants it is Corporate Group, Inc. 401(k) Plan in WI (702 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (702 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did El Paso Electric Company Savings Plan assets move in 2022? ▼
El Paso Electric Company Savings Plan grew at a solid clip - up 8.6% during 2022, from $170M to $185M. Reported net income was -$39M.
How have El Paso Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), El Paso Electric Company's sponsor-wide assets grew 13.8%, from $456M to $519M.
Where does El Paso Electric Company Savings Plan rank by assets among Form 5500 filers? ▼
El Paso Electric Company Savings Plan ranks in the 95th 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 El Paso Electric Company Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Integrated Anesthesia Associates, LLC 401(k) Retirement Savings Plan in CT ($185M, 379 participants).
Which 401(k) plans cover a similar participant headcount to El Paso Electric Company Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Corporate Group, Inc. 401(k) Plan in WI (702 participants, $20M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 740607870.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.