Defined Benefit (Pension) · DOL Form 5500 · 2023

State Employees Credit Union of New Mexico Pension Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
156
Participants Small participant base
74th
Percentile by assets National rank
$138,119
Avg per participant Near avg balance/head
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Official DOL plan name: State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust · Sponsored by State Employees Credit Union of New Mexico · New Mexico · Finance & Insurance

$22M in assets, 156 participants

State Employees Credit Union of New Mexico's State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reported $22M in total assets and 156 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,408 in Finance & Insurance (8,869 peers)

Coverage in New Mexico

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust covers 156 participants in New Mexico, about 43% of the average New Mexico filer (state average ~365 per filing). Assets: $22M.

#5,408
in Finance & Insurance (8,869 peers)
+15.8%
assets growth YoY

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$21,546,603 Top 26% higher than 74% 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

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust 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. State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (156 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reported net income rose from $878K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reported participants rose from 148 in the plan year 2022 filing to 156 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 856010733 · State Employees Credit Union of New Mexico PY 2023 · Defined Benefit (Pension)

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust · $22M · 156 · 74th

  • PCT $22M
  • PCT 156
  • PCT 74th
  • PCT Defined Benefit (Pension)
  • PCT near Axia Inc. Retirement Plan
  • PCT ind #5408

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 Finance & Insurance retirement plans → · Plans in New Mexico →

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and TrustState Employees Credit Union…$22MAxia Inc. Retirement Plan$22MRetirement Plan for Bargaining Unit Employees of Nrg Homer City Services, LLCRetirement Plan for Bargaini…$22MSatco Products, Inc. Defined Benefit PlanSatco Products, Inc. Defined…$22MHebrew Home for the Aged at Riverdale Retirement Income PlanHebrew Home for the Aged at …$22M
End-of-year total assets ($M) among State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN856010733
Plan Effective Date1973-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Employees Credit Union of New Mexico)

Sponsor-wide plan assets over time

All State Employees Credit Union of New Mexico plans reported in each filing year

Latest sponsor-wide plan assets
$22M 18.3808303617951% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $18.6M $22M ▲ +18.4%
Year Plans Participants Total Assets
2022 1 148 $19M
2023 1 156 $22M
2024 1 151 $22M

Nearby Defined Benefit (Pension) Plans in New Mexico

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

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.021546603 · Participants: 156State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and TrustNtess 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
State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants
Compare State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust side-by-side with 3 peers →

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Axia Inc. Retirement Plan in GA ($22M); by covered participants it is Children's Minnesota Rsvp Plan II in MN (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 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 State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust assets move in 2023? ▼
State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust grew sharply - up 15.8% during 2023, from $19M to $22M. Reported net income was $3M.
How have State Employees Credit Union of New Mexico plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Employees Credit Union of New Mexico's sponsor-wide assets grew 18.4%, from $19M to $22M.
Which Defined Benefit (Pension) plans are similar in size to State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Axia Inc. Retirement Plan in GA ($22M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Children's Minnesota Rsvp Plan II in MN (156 participants, $24M 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 856010733.

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.