401(k) · DOL Form 5500 · 2023
New Mexico Pipe Trades 401(k) Plan
Data updated 2026-08-06
- $85M
- Total assets
- 1,272
- Participants
- 90th
- Percentile by assets
- $66,623
- Avg per participant
Official DOL plan name: New Mexico Pipe Trades Pension Trust Fund Plan B · Sponsored by New Mexico Pipe Trades · New Mexico · Construction
$85M in assets, 1,272 participants
New Mexico Pipe Trades's New Mexico Pipe Trades Pension Trust Fund Plan B reported $85M in total assets and 1,272 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 126,618 plans)
- #7,939 in Construction (8,993 peers)
Coverage in New Mexico
New Mexico Pipe Trades Pension Trust Fund Plan B covers 1,272 participants in New Mexico, 3.5x the typical New Mexico plan (state average ~362 per filing). Assets: $85M.
- $85M
- total plan assets (2023 EOY)
- 1,272
- covered participants
- 90th
- percentile by assets (of 126,618 plans)
- $66,623
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New Mexico Pipe Trades Pension Trust Fund Plan B reported net income rose from -$8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
- New Mexico Pipe Trades Pension Trust Fund Plan B reported participants fell from 1,892 in the plan year 2022 filing to 1,272 in the plan year 2023 filing.
- New Mexico Pipe Trades Pension Trust Fund Plan B end-of-year assets rose from $74M in the plan year 2022 filing to $85M in the plan year 2023 filing.
Participants vs New Mexico filers
In New Mexico, the average filing covers about 362 participants across 432 plans. New Mexico Pipe Trades Pension Trust Fund Plan B reports 1,272 participants - 3.5x that state average ($85M EOY assets).
New Mexico filing particulars
| Total Assets (Beginning of Year) | $74M |
|---|---|
| Net Assets (End of Year) | $85M |
| Net Income | $10M |
| Employer EIN | 516029978 |
| Plan Effective Date | 1975-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New Mexico Pipe Trades)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,892 | $74M |
| 2023 | 1 | 1,272 | $85M |
| 2024 | 1 | 2,288 | $89M |
Nearby 401(k) Plans in New Mexico
Peer 401(k) plans, same state, same plan type, ranked by total assets.
New Mexico Pipe Trades Pension Trust Fund Plan B vs. nearby 401(k) plans in New Mexico, assets vs. participants
- Ntess Savings and Income Plan $6.1B · 14,721
- Triad 401(k) Retirement Plan $2.0B · 10,005
- Triad 401(k) Savings Plan $840M · 2,249
- Pnm Resources, Inc. Retirement Savings Plan $765M · 1,531
- Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $573M · 1,962
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to New Mexico Pipe Trades Pension Trust Fund Plan B by total assets, not by location.
- Fidelity Advantage 401(k) (MA) $85M · 5,821
- Granges Americas Inc. Savings Plan (TN) $85M · 841
- Invensense, Inc. 401(k) Plan (CA) $85M · 328
- Peckham Industries, Inc. Deferred Compensation Profit Sharing Thrift Plan (NY) $85M · 903
Frequently Asked Questions
How did New Mexico Pipe Trades Pension Trust Fund Plan B assets move in 2023? ▼
How have New Mexico Pipe Trades plan assets changed over time? ▼
Where does New Mexico Pipe Trades Pension Trust Fund Plan B rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to New Mexico Pipe Trades Pension Trust Fund Plan B? ▼
Next read for New Mexico Pipe Trades Pension Trust Fun…
Filing takeaways
Ways to act on New Mexico Pipe Trades Pension Trust Fund Plan B's numbers.
- By total assets, New Mexico Pipe Trades Pension Trust Fund Plan B ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Mexico. Compare plans
- New Mexico Pipe Trades's sponsor-wide assets have grown 19.6% since 2022 across 3 plan years on file. More Construction plans