Money Purchase
2022 plan-year Money Purchase DOL Form 5500

New Mexico Pipetrades Pension Trust Fund Plan B

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by New Mexico Pipetrades · New Mexico · Construction

What the 2023 filing shows

New Mexico Pipetrades Pension Trust Fund Plan B holds $74M for 1,892 participants — about $39,267 per participant, down 9.5% over the 2022 plan year.

$74M
total plan assets (2022 EOY)
1,892
covered participants
$39,267
avg assets per participant
-9.5%
assets change YoY

The plan reported a net loss of $8M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$74M
Participants
1,892
State
Industry
Construction

What the Filing Says About New Mexico Pipetrades Pension Trust Fund Plan B

New Mexico Pipetrades Pension Trust Fund Plan B is a Money Purchase retirement plan sponsored by New Mexico Pipetrades, headquartered in New Mexico. As of the 2022 Form 5500 filing, the plan reports $74M in total end-of-year assets and covers 1,892 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 516029978, and the plan has been effective since 1975-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $82M at the beginning of 2022 to $74M at year-end — a decline of 9.5%. Net assets (after liabilities) closed the year at $74M, with reported net income of $-7,764,350 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$82M
Total Assets (End of Year)$74M
Net Assets (End of Year)$74M
Net Income$-7,764,350
Plan TypeMoney Purchase
Employer EIN516029978
Plan Effective Date1975-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Mexico Pipetrades)

Year Plans Participants Total Assets
2022 1 1,892 $74M
2023 1 1,272 $85M
2024 1 2,288 $89M

Nearby Money Purchase Plans in New Mexico

Peer Money Purchase plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the New Mexico Pipetrades Pension Trust Fund Plan B?
As of the 2022 Form 5500 filing, New Mexico Pipetrades Pension Trust Fund Plan B holds $74M in total assets with 1,892 participants. It is sponsored by New Mexico Pipetrades.
What type of plan is New Mexico Pipetrades Pension Trust Fund Plan B?
New Mexico Pipetrades Pension Trust Fund Plan B is a Money Purchase plan. It has been effective since 1975-04-01. The plan is filed with the U.S. Department of Labor under EIN 516029978.
Who sponsors the New Mexico Pipetrades Pension Trust Fund Plan B?
New Mexico Pipetrades Pension Trust Fund Plan B is sponsored by New Mexico Pipetrades, located in New Mexico. The sponsor's EIN is 516029978 and the plan operates in the Construction industry.
How did New Mexico Pipetrades Pension Trust Fund Plan B perform in 2022?
New Mexico Pipetrades Pension Trust Fund Plan B declined by 9.5% during 2022, moving from $82M to $74M in total assets. Net income was $-7,764,350.
Where can I find official filings for New Mexico Pipetrades Pension Trust Fund Plan B?
Official Form 5500 filings for New Mexico Pipetrades Pension Trust Fund Plan B are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 516029978 or plan name at efast.dol.gov.
How does New Mexico Pipetrades Pension Trust Fund Plan B compare to other plans?
You can compare New Mexico Pipetrades Pension Trust Fund Plan B against other Money Purchase plans on the plan type page, or view plans in New Mexico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 516029978.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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