401(k) · DOL Form 5500 · 2023
El Paso Electric Company 401(k) Plan
Data updated 2026-08-25
- $221M
- Total assets Near avg plan size
- 1,125
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $196,052
- Avg per participant Above avg balance/head
Official DOL plan name: El Paso Electric Company Savings Plan · Sponsored by El Paso Electric Company · Texas · Utilities
$221M in assets, 1,125 participants
El Paso Electric Company's El Paso Electric Company Savings Plan reported $221M in total assets and 1,125 participants in its 2023 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.
- #530 in Utilities (721 peers)
Utilities sector rank
Within Utilities, El Paso Electric Company Savings Plan ranks #530 of 721 2023 filers by assets (243% of the sector average)-$221M for 1,125 participants.
- #530
- in Utilities (721 peers)
- +19.4%
- assets growth YoY
- 2.2×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$220,557,983 Top 5% higher than 95% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
El Paso Electric Company Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. El Paso Electric Company Savings Plan lands in the large band (1,125 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- El Paso Electric Company Savings Plan reported net income rose from -$39M in the plan year 2022 filing to $36M in the plan year 2023 filing.
- El Paso Electric Company Savings Plan reported participants rose from 702 in the plan year 2022 filing to 1,125 in the plan year 2023 filing.
- El Paso Electric Company Savings Plan end-of-year assets rose from $185M in the plan year 2022 filing to $221M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 740607870 · El Paso Electric Company PY 2023 · 401(k)
El Paso Electric Company Savings Plan · $221M · 1,125 · 95th
- EIN $221M
- RANK 1,125
- PHOTO 95th
- IND 401(k)
- EOY near Rolls-Royce Corporation Personal Savings Plan for Hourly-Rate Employees
- 5500 ind #530
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
Utilities filing particulars
| Total Assets (Beginning of Year) | $185M |
|---|---|
| Net Assets (End of Year) | $221M |
| Net Income | $36M |
| Employer EIN | 740607870 |
| Plan Effective Date | 1984-08-01 |
| Filing Status | FILING 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
| 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.
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
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 Rolls-Royce Corporation Personal Savings Plan for Hourly-Rate Employees in VA ($221M); by covered participants it is Bennett Motor Express Management, Inc. 401(k) Plan in GA (1,125 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($221M here).
- Rolls-Royce Corporation Personal Savings Plan for Hourly-Rate Employees (VA) $221M · 939
- Georgia Transmission Corporation Retirement Plan (GA) $221M · 321
- Club Retirement Plan (VA) $221M · 6,124
- Mankato Clinic, Ltd. 401(k) Profit Sharing Plan (MN) $221M · 850
Similar participant headcount
Nearest other-state filings by covered participants (1,125 participants); asset peers above are excluded.
- Bennett Motor Express Management, Inc. 401(k) Plan (GA) 1,125 · 0 off
- Acrt Services, Inc. 401(k) Plan (OH) 1,125 · 0 off
- Sherwood Construction Co. Inc. Savings and Profit Sharing Plan (KS) 1,125 · 0 off
- Canam 401(k) Plan (MD) 1,125 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.