401(k) · DOL Form 5500 · 2023

Pnm Resources, Inc. 401(k) Plan

Data updated 2026-08-25

$765M
Total assets Above avg plan size
1,531
Participants Near avg headcount
98th
Percentile by assets National rank
$499,954
Avg per participant High balance/head
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Official DOL plan name: Pnm Resources, Inc. Retirement Savings Plan · Sponsored by Pnm Resources, Inc. · New Mexico · Utilities

$765M in assets, 1,531 participants

Pnm Resources, Inc.'s Pnm Resources, Inc. Retirement Savings Plan reported $765M in total assets and 1,531 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #620 in Utilities (721 peers)

Coverage in New Mexico

Pnm Resources, Inc. Retirement Savings Plan covers 1,531 participants in New Mexico, 4.2x the typical New Mexico plan (state average ~365 per filing). Assets: $765M.

#620
in Utilities (721 peers)
+8.2%
assets growth YoY
7.7×
vs typical plan assets (national mean)

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

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

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

$765,429,650 Top 2% higher than 98% 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. Retirement 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. Pnm Resources, Inc. Retirement Savings Plan lands in the large band (1,531 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pnm Resources, Inc. Retirement Savings Plan reported net income rose from -$177M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Pnm Resources, Inc. Retirement Savings Plan end-of-year assets rose from $707M in the plan year 2022 filing to $765M in the plan year 2023 filing.
  • Pnm Resources, Inc. Retirement Savings Plan reported participants fell from 1,638 in the plan year 2022 filing to 1,531 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 · 401(k)

Pnm Resources, Inc. Retirement Savings Plan · $765M · 1,531 · 98th

  • TYPE $765M
  • NET 1,531
  • BOOK 98th
  • VS-ST 401(k)
  • BOY near Mks Instruments, Inc. Profit Sharing & 401(k) Plan
  • SCH ind #620

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. Retirement Savings Plan in the asset neighbourhood

Sei Capital Accumulation Plan$766MPnm Resources, Inc. Retirement Savings PlanPnm Resources, Inc. Retireme…$765MMks Instruments, Inc. Profit Sharing & 401(k) PlanMks Instruments, Inc. Profit…$765MCaes 401(k) Plan$765MSkf USA Inc. 401(k) Retirement and Savings PlanSkf USA Inc. 401(k) Retireme…$765M
End-of-year total assets ($M) among Pnm Resources, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$707M
Net Assets (End of Year)$765M
Net Income$58M
Employer EIN850468296
Plan Effective Date1983-01-01
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 401(k) Plans in New Mexico

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Pnm Resources, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants Pnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement Savings PlanNtess Savings and Income Plan, Total assets ($B): 6.138288212 · Participants: 14721Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.017061751 · Participants: 10005Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.573005592 · Participants: 1962Applied Research Associates, Inc. 401(k) Profit Sharing Plan & TrustNew Mexico Electricians Retirement Benefit Fund, Total assets ($B): 0.214692407 · Participants: 1366New Mexico Electricians Retirement Benefit Fund
Pnm Resources, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare Pnm Resources, Inc. Retirement Savings Plan side-by-side with 3 peers →

Pnm Resources, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is Mks Instruments, Inc. Profit Sharing & 401(k) Plan in MA ($765M); by covered participants it is Century Communities, Inc. 401(k) Plan in CO (1,531 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($765M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,531 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. Retirement Savings Plan assets move in 2023? ▼
Pnm Resources, Inc. Retirement Savings Plan grew at a solid clip - up 8.2% during 2023, from $707M to $765M. Reported net income was $58M.
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. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Pnm Resources, Inc. Retirement Savings Plan ranks in the 98th 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 401(k) plans are similar in size to Pnm Resources, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mks Instruments, Inc. Profit Sharing & 401(k) Plan in MA ($765M, 2,991 participants).
Which 401(k) plans cover a similar participant headcount to Pnm Resources, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Century Communities, Inc. 401(k) Plan in CO (1,531 participants, $90M 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.