Defined Benefit (Pension) · DOL Form 5500 · 2023

Texas-New Mexico Power Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
140
Participants Small participant base
83rd
Percentile by assets National rank
$295,380
Avg per participant High balance/head
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Official DOL plan name: Texas-New Mexico Power Company Pension Plan · Sponsored by Texas-New Mexico Power · New Mexico · Utilities

$41M in assets, 140 participants

Texas-New Mexico Power's Texas-New Mexico Power Company Pension Plan reported $41M in total assets and 140 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #354 in Utilities (721 peers)

Coverage in New Mexico

Texas-New Mexico Power Company Pension Plan covers 140 participants in New Mexico, about 38% of the average New Mexico filer (state average ~365 per filing). Assets: $41M.

#354
in Utilities (721 peers)
-4.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Texas-New Mexico Power Company Pension Plan's outsized position by total assets

Texas-New Mexico Power Company Pension Plan vs every filed plan by assets

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

$41,353,215 Top 17% higher than 83% 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

Texas-New Mexico Power Company Pension 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. Texas-New Mexico Power Company Pension Plan sits mid-pack in the medium band (140 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Texas-New Mexico Power Company Pension Plan reported net income rose from -$19M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Texas-New Mexico Power Company Pension Plan reported participants fell from 170 in the plan year 2022 filing to 140 in the plan year 2023 filing.
  • Texas-New Mexico Power Company Pension Plan end-of-year assets fell from $43M in the plan year 2022 filing to $41M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 750204070 · Texas-New Mexico Power PY 2023 · Defined Benefit (Pension)

Texas-New Mexico Power Company Pension Plan · $41M · 140 · 83rd

  • PCT $41M
  • PCT 140
  • PCT 83rd
  • PCT Defined Benefit (Pension)
  • PCT near Pontifical Catholic University of Puerto Rico Pension Plan
  • PCT ind #354

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 →

Texas-New Mexico Power Company Pension Plan in the asset neighbourhood

Pension Plan of Rmi Titanium CompanyPension Plan of Rmi Titanium…$41MTexas-New Mexico Power Company Pension PlanTexas-New Mexico Power Compa…$41MPontifical Catholic University of Puerto Rico Pension PlanPontifical Catholic Universi…$41MDominion Energy Kewaunee Union Pension PlanDominion Energy Kewaunee Uni…$41MPension Plan for Employees of Unisource Energy ServicesPension Plan for Employees o…$41M
End-of-year total assets ($M) among Texas-New Mexico Power Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$41M
Net Income-$2M
Employer EIN750204070
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Texas-New Mexico Power)

Sponsor-wide plan assets over time

All Texas-New Mexico Power plans reported in each filing year

Latest sponsor-wide plan assets
$38M 12.008435496623934% vs 2022
2024 filing year
$36M$38M$40M$42M$44M 202220232024 $43.4M $38.2M ▼ -12.0%
Year Plans Participants Total Assets
2022 1 170 $43M
2023 1 140 $41M
2024 1 128 $38M

Nearby Defined Benefit (Pension) Plans in New Mexico

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

Texas-New Mexico Power Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants Texas-New Mexico Power Company Pension Plan, Total assets ($B): 0.041353215 · Participants: 140Texas-New Mexico Power Company Pension 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 PlanPnm Resources, Inc. Employees' Retirement Plan, Total assets ($B): 0.407211663 · Participants: 146Pnm Resources, Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($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 Plan
Texas-New Mexico Power Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants

Texas-New Mexico Power Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Pontifical Catholic University of Puerto Rico Pension Plan in PR ($41M); by covered participants it is The Whiting-Turner Contracting Company Pension Plan in MD (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Texas-New Mexico Power Company Pension Plan assets move in 2023?
Texas-New Mexico Power Company Pension Plan edged down modestly - down 4.8% during 2023, from $43M to $41M. Reported net income was -$2M.
How have Texas-New Mexico Power plan assets changed over time?
Across 3 plan years on file (2022-2024), Texas-New Mexico Power's sponsor-wide assets declined 12.0%, from $43M to $38M.
Where does Texas-New Mexico Power Company Pension Plan rank by assets among Form 5500 filers?
Texas-New Mexico Power Company Pension Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Texas-New Mexico Power Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pontifical Catholic University of Puerto Rico Pension Plan in PR ($41M, 248 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Texas-New Mexico Power Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Whiting-Turner Contracting Company Pension Plan in MD (140 participants, N/A in assets).