Defined Benefit (Pension) · DOL Form 5500 · 2023

Pnm Resources, Inc. Pension Plan

Data updated 2026-08-11

$407M
Total assets: 146
Participants: 97th
Percentile by assets: $2.8M
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$407M
total plan assets (2023 EOY): 146
covered participants: 97th
percentile by assets (of 127,072 plans): $2.8M
avg assets per participant

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.

Where Pnm Resources, Inc. Employees' Retirement Plan sits 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

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 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 →

State

New Mexico

Industry

Utilities

Participants vs New Mexico filers

In New Mexico, the average filing covers about 365 participants across 466 plans. Pnm Resources, Inc. Employees' Retirement Plan reports 146 participants - about 40% of that state average ($407M EOY assets).

New Mexico filing particulars

Total Assets (Beginning of Year)	$411M
Net Assets (End of Year)	$407M
Net Income	-$3M
Employer EIN	850468296
Plan Effective Date	1950-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Pnm Resources, Inc.)

Total plan assets by year, all Pnm Resources, Inc. plans on file

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

Ntess Retirement Income Plan $6.1B · 3,544
Triad Defined Benefit Pension Plan $5.7B · 2,214
Presbyterian Healthcare Services Employees' Pension Plan II $248M · 814
Waste Isolation Pilot Plant Pension Plan $224M · 953
Sandia Laboratory Federal Credit Union Employees' Cash Balance Pension Plan $103M · 333

Compare Pnm Resources, Inc. Employees' Retiremen… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pnm Resources, Inc. Employees' Retirement Plan by total assets, not by location.

Reading Health System Pension Plan (PA) $408M · 2,316
National Renewable Energy Laboratory Shared Security Pension Plan (CO) $406M · 2,822
Sparrow Health System Associate Pension Plan (MI) $406M · 1,080
Employees' and Agents' Pension Benefits Plan Empower Holdings, Inc. (CO) $406M · 241

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).

Next read for Pnm Resources, Inc. Employees' Retiremen…

Filing takeaways

Ways to act on Pnm Resources, Inc. Employees' Retirement Plan's numbers.

By total assets, Pnm Resources, Inc. Employees' Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Mexico. Compare plans
Pnm Resources, Inc.'s sponsor-wide assets have grown 7.9% since 2022 across 3 plan years on file. More Utilities plans

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.