401(k) · DOL Form 5500 · 2023

New Mexico Pipe Trades 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
1,272
Participants Near avg headcount
90th
Percentile by assets National rank
$66,623
Avg per participant Below avg balance/head
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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.

  • #7,975 in Construction (9,030 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 ~365 per filing). Assets: $85M.

#7,975
in Construction (9,030 peers)
+14.1%
assets growth YoY
0.9×
vs typical plan assets (national mean)

New Mexico Pipe Trades Pension Trust Fund Plan B's outsized position by total assets

New Mexico Pipe Trades Pension Trust Fund Plan B vs every filed plan by assets

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

$84,744,006 Top 10% higher than 90% 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

New Mexico Pipe Trades Pension Trust Fund Plan B'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. New Mexico Pipe Trades Pension Trust Fund Plan B lands in the large band (1,272 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 516029978 · New Mexico Pipe Trades PY 2023 · 401(k)

New Mexico Pipe Trades Pension Trust Fund Plan B · $85M · 1,272 · 90th

  • BOY $85M
  • BOY 1,272
  • BOY 90th
  • BOY 401(k)
  • BOY near Fidelity Advantage 401(k)
  • BOY ind #7975

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 Construction retirement plans → · Plans in New Mexico →

New Mexico Pipe Trades Pension Trust Fund Plan B in the asset neighbourhood

Granges Americas Inc. Savings PlanGranges Americas Inc. Saving…$85MFidelity Advantage 401(k)$85MNew Mexico Pipe Trades Pension Trust Fund Plan BNew Mexico Pipe Trades Pensi…$85MInvensense, Inc. 401(k) Plan$85MPeckham Industries, Inc. Deferred Compensation Profit Sharing Thrift PlanPeckham Industries, Inc. Def…$85M
End-of-year total assets ($M) among New Mexico Pipe Trades Pension Trust Fund Plan B and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$85M
Net Income$10M
Employer EIN516029978
Plan Effective Date1975-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Mexico Pipe Trades)

Sponsor-wide plan assets over time

All New Mexico Pipe Trades plans reported in each filing year

Latest sponsor-wide plan assets
$89M 19.55675394350356% vs 2022
2024 filing year
$70M$75M$80M$85M$90M$95M 202220232024 $74.3M $88.8M ▲ +19.6%
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 Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants New Mexico Pipe Trades Pension Trust Fund Plan B, Total assets ($B): 0.084744006 · Participants: 1272New Mexico Pipe Trades Pension Trust Fund Plan BNtess 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 ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement 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 & Trust
New Mexico Pipe Trades Pension Trust Fund Plan B vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare New Mexico Pipe Trades Pension Trust Fund Plan B side-by-side with 3 peers →

New Mexico Pipe Trades Pension Trust Fund Plan B's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is Fidelity Advantage 401(k) in MA ($85M); by covered participants it is Secu/S3 401(k) Retirement Plan in MD (1,272 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($85M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,272 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 New Mexico Pipe Trades Pension Trust Fund Plan B assets move in 2023? ▼
New Mexico Pipe Trades Pension Trust Fund Plan B grew at a solid clip - up 14.1% during 2023, from $74M to $85M. Reported net income was $10M.
How have New Mexico Pipe Trades plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Mexico Pipe Trades's sponsor-wide assets grew 19.6%, from $74M to $89M.
Where does New Mexico Pipe Trades Pension Trust Fund Plan B rank by assets among Form 5500 filers? ▼
New Mexico Pipe Trades Pension Trust Fund Plan B ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to New Mexico Pipe Trades Pension Trust Fund Plan B? ▼
Among 401(k) plans in other states, the closest by assets is Fidelity Advantage 401(k) in MA ($85M, 5,821 participants).
Which 401(k) plans cover a similar participant headcount to New Mexico Pipe Trades Pension Trust Fund Plan B? ▼
Among 401(k) plans in other states, the closest by covered participants is Secu/S3 401(k) Retirement Plan in MD (1,272 participants, $100M 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 516029978.

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.