Defined Benefit (Pension) · DOL Form 5500 · 2022

Laredo Transit Management Inc. Pension Plan

Data updated 2026-08-11

$16M
Total assets
152
Participants
74th
Percentile by assets
$107,273
Avg per participant
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Official DOL plan name: Ltmi Defined Benefit Plan · Sponsored by Laredo Transit Management Inc. · Texas · Transportation & Warehousing

$16M in assets, 152 participants

Laredo Transit Management Inc.'s Ltmi Defined Benefit Plan reported $16M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 139,126 plans)
  • #2,910 in Transportation & Warehousing (3,876 peers)

Coverage in Texas

Ltmi Defined Benefit Plan covers 152 participants in Texas, about 22% of the average Texas filer (state average ~688 per filing). Assets: $16M.

$16M
total plan assets (2022 EOY)
152
covered participants
74th
percentile by assets (of 139,126 plans)
$107,273
avg assets per participant

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Ltmi Defined Benefit Plan reports 152 participants - about 22% of that state average ($16M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN020668666
Plan Effective Date2003-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Laredo Transit Management Inc.)

$17M$18M$19M$20M$21M 202220232024 $18.1M $20.3M â–˛ +12.3%
Total plan assets by year, all Laredo Transit Management Inc. plans on file
Year Plans Participants Total Assets
2022 2 330 $18M
2023 1 133 $18M
2024 1 135 $20M

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Ltmi Defined Benefit…AT&T Pension Benefit…Shell Pension PlanExxonmobil Pension P…Caterpillar Inc. Ret…Bp Retirement Accumu…
Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ltmi Defined Benefit Plan by total assets, not by location.

Frequently Asked Questions

How did Ltmi Defined Benefit Plan assets move in 2022?
Ltmi Defined Benefit Plan grew at a solid clip - up 14.0% during 2022, from $14M to $16M. Reported net income was $2M.
How have Laredo Transit Management Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Laredo Transit Management Inc.'s sponsor-wide assets grew 12.2%, from $18M to $20M.
Which Defined Benefit (Pension) plans are similar in size to Ltmi Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 422 Pension Trust Fund in OH ($16M, N/A participants).

Filing takeaways

Ways to act on Ltmi Defined Benefit Plan's numbers.