Defined Benefit (Pension) · DOL Form 5500 · 2023

Pnm Resources, Inc. Pension Plan

Data updated 2026-08-25

$407M
Total assets Above avg plan size
146
Participants Small participant base
97th
Percentile by assets National rank
$2.8M
Avg per participant High balance/head
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Official DOL plan name: Pnm Resources, Inc. Employees' Retirement Plan · Sponsored by Pnm Resources, Inc. · New Mexico · Utilities

$407M in assets, 146 participants

Pnm Resources, Inc.'s Pnm Resources, Inc. Employees' Retirement Plan reported $407M in total assets and 146 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #578 in Utilities (721 peers)

Coverage in New Mexico

Pnm Resources, Inc. Employees' Retirement Plan covers 146 participants in New Mexico, about 40% of the average New Mexico filer (state average ~365 per filing). Assets: $407M.

#578
in Utilities (721 peers)
-0.8%
assets change YoY
4.1×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pnm Resources, Inc. Employees' Retirement Plan's outsized position by total assets

Pnm Resources, Inc. Employees' Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$407,211,663 Top 3% higher than 97% of 127,068 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 2023

Pnm Resources, Inc. Employees' Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pnm Resources, Inc. Employees' Retirement Plan sits mid-pack in the medium band (146 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pnm Resources, Inc. Employees' Retirement Plan reported net income rose from -$166M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Pnm Resources, Inc. Employees' Retirement Plan reported participants fell from 221 in the plan year 2022 filing to 146 in the plan year 2023 filing.
  • Pnm Resources, Inc. Employees' Retirement Plan end-of-year assets fell from $411M in the plan year 2022 filing to $407M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 850468296 · Pnm Resources, Inc. PY 2023 · Defined Benefit (Pension)

Pnm Resources, Inc. Employees' Retirement Plan · $407M · 146 · 97th

  • PCT $407M
  • EIN 146
  • RANK 97th
  • PHOTO Defined Benefit (Pension)
  • IND near Reading Health System Pension Plan
  • EOY ind #578

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 New Mexico →

Pnm Resources, Inc. Employees' Retirement Plan in the asset neighbourhood

Reading Health System Pension PlanReading Health System Pensio…$408MPnm Resources, Inc. Employees' Retirement PlanPnm Resources, Inc. Employee…$407MNational Renewable Energy Laboratory Shared Security Pension PlanNational Renewable Energy La…$406MSparrow Health System Associate Pension PlanSparrow Health System Associ…$406MEmployees' and Agents' Pension Benefits Plan Empower Holdings, Inc.Employees' and Agents' Pensi…$406M
End-of-year total assets ($M) among Pnm Resources, Inc. Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$411M
Net Assets (End of Year)$407M
Net Income-$3M
Employer EIN850468296
Plan Effective Date1950-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pnm Resources, Inc.)

Sponsor-wide plan assets over time

All Pnm Resources, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 7.909516952602752% vs 2022
2024 filing year
$1.1B$1.15B$1.2B$1.25B 202220232024 $1.12B $1.21B ▲ +8.0%
Year Plans Participants Total Assets
2022 2 1,859 $1.1B
2023 2 1,677 $1.2B
2024 2 1,764 $1.2B

Nearby Defined Benefit (Pension) Plans in New Mexico

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

Pnm Resources, Inc. Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants Pnm Resources, Inc. Employees' Retirement Plan, Total assets ($B): 0.407211663 · Participants: 146Pnm Resources, Inc. Employees' Retirement PlanNtess Retirement Income Plan, Total assets ($B): 6.09808864 · Participants: 3544Ntess Retirement Income PlanTriad Defined Benefit Pension Plan, Total assets ($B): 5.686688811 · Participants: 2214Triad Defined Benefit Pension PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($B): 0.247845171 · Participants: 814Presbyterian Healthcare Services Employees' Pension Plan IIWaste Isolation Pilot Plant Pension Plan, Total assets ($B): 0.223782278 · Participants: 953Waste Isolation Pilot Plant Pension PlanSandia Laboratory Federal Credit Union Employees' Cash Balance Pension Plan, Total assets ($B): 0.10325338 · Participants: 333Sandia Laboratory Federal Credit Union Employees' Cash Balance Pension Plan
Pnm Resources, Inc. Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants
Compare Pnm Resources, Inc. Employees' Retirement Plan side-by-side with 3 peers →

Pnm Resources, Inc. Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Reading Health System Pension Plan in PA ($408M); by covered participants it is Delong's, Inc. Pension Plan in MO (146 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (146 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pnm Resources, Inc. Employees' Retirement Plan assets move in 2023? ▼
Pnm Resources, Inc. Employees' Retirement Plan held essentially flat - down 0.8% during 2023, from $411M to $407M. Reported net income was -$3M.
How have Pnm Resources, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pnm Resources, Inc.'s sponsor-wide assets grew 7.9%, from $1.1B to $1.2B.
Where does Pnm Resources, Inc. Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Pnm Resources, Inc. Employees' Retirement Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pnm Resources, Inc. Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Reading Health System Pension Plan in PA ($408M, 2,316 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pnm Resources, Inc. Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Delong's, Inc. Pension Plan in MO (146 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 850468296.

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.