401(k) · DOL Form 5500 · 2022
New Mexico Electricians Retirement Benefit Fund 401(k) Plan
Data updated 2026-08-11
- $183M
- Total assets
- 1,353
- Participants
- 95th
- Percentile by assets
- $134,917
- Avg per participant
Official DOL plan name: New Mexico Electricians Retirement Benefit Fund · Sponsored by New Mexico Electricians Retirement Benefit Fund · New Mexico · Construction
$183M in assets, 1,353 participants
New Mexico Electricians Retirement Benefit Fund's New Mexico Electricians Retirement Benefit Fund reported $183M in total assets and 1,353 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.
- 95th percentile by assets (of 139,126 plans)
- #9,383 in Construction (9,927 peers)
Coverage in New Mexico
New Mexico Electricians Retirement Benefit Fund covers 1,353 participants in New Mexico, 3.7x the typical New Mexico plan (state average ~365 per filing). Assets: $183M.
- $183M
- total plan assets (2022 EOY)
- 1,353
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $134,917
- avg assets per participant
The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Mexico filers
In New Mexico, the average filing covers about 365 participants across 466 plans. New Mexico Electricians Retirement Benefit Fund reports 1,353 participants - 3.7x that state average ($183M EOY assets).
New Mexico filing particulars
| Total Assets (Beginning of Year) | $204M |
|---|---|
| Net Assets (End of Year) | $183M |
| Net Income | -$21M |
| Employer EIN | 516105542 |
| Plan Effective Date | 1972-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New Mexico Electricians Retirement Benefit Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,353 | $183M |
| 2023 | 1 | 1,366 | $215M |
| 2024 | 1 | 1,400 | $239M |
Nearby 401(k) Plans in New Mexico
Peer 401(k) plans, same state, same plan type, ranked by total assets.
New Mexico Electricians Retirement Benefit Fund vs. nearby 401(k) plans in New Mexico, assets vs. participants
- Ntess Savings and Income Plan $5.0B · 14,007
- Triad 401(k) Retirement Plan $1.5B · 8,535
- Triad 401(k) Savings Plan $750M · 2,476
- Pnm Resources, Inc. Retirement Savings Plan $707M · 1,638
- Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $445M · 1,553
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to New Mexico Electricians Retirement Benefit Fund by total assets, not by location.
- The Alamo Group (USA) Inc. 401(k) Retirement and Savings Plan (TX) $183M · 2,512
- Cfa Institute 401(k) Plan (VA) $183M · 445
- Brown Advisory 401(k) Plan (MD) $183M · 766
- Calfee, Halter & Griswold LLP Profit Sharing Trust and Plan (OH) $182M · 242
Frequently Asked Questions
How did New Mexico Electricians Retirement Benefit Fund assets move in 2022? ▼
How have New Mexico Electricians Retirement Benefit Fund plan assets changed over time? ▼
Where does New Mexico Electricians Retirement Benefit Fund rank by assets among Form 5500 filers? ▼
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Next read for New Mexico Electricians Retirement Benef…
Filing takeaways
Ways to act on New Mexico Electricians Retirement Benefit Fund's numbers.
- By total assets, New Mexico Electricians Retirement Benefit Fund 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
- New Mexico Electricians Retirement Benefit Fund's sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Construction plans