Defined Benefit (Pension) · DOL Form 5500 · 2023

Laredo Transit Management Inc. Pension Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
133
Participants Small participant base
71st
Percentile by assets National rank
$138,291
Avg per participant Near avg balance/head
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Official DOL plan name: Ltmi Defined Benefit Plan · Sponsored by Laredo Transit Management Inc. · Texas · Transportation & Warehousing

$18M in assets, 133 participants

Laredo Transit Management Inc.'s Ltmi Defined Benefit Plan reported $18M in total assets and 133 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #2,389 in Transportation & Warehousing (3,362 peers)

Coverage in Texas

Ltmi Defined Benefit Plan covers 133 participants in Texas, about 19% of the average Texas filer (state average ~688 per filing). Assets: $18M.

#2,389
in Transportation & Warehousing (3,362 peers)
+12.8%
assets growth YoY

Ltmi Defined Benefit Plan's outsized position by total assets

Ltmi Defined Benefit Plan vs every filed plan by assets

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

$18,392,718 Top 29% higher than 71% 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

Ltmi Defined Benefit 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. Ltmi Defined Benefit Plan sits mid-pack in the medium band (133 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ltmi Defined Benefit Plan end-of-year assets rose from $16M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Ltmi Defined Benefit Plan reported participants fell from 152 in the plan year 2022 filing to 133 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 020668666 · Laredo Transit Management Inc. PY 2023 · Defined Benefit (Pension)

Ltmi Defined Benefit Plan · $18M · 133 · 71st

  • RANK $18M
  • RANK 133
  • RANK 71st
  • RANK Defined Benefit (Pension)
  • RANK near The Retirement Plan for Employees of Androscoggin Savings Bank
  • RANK ind #2389

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 Transportation & Warehousing retirement plans → · Plans in Texas →

Ltmi Defined Benefit Plan in the asset neighbourhood

Local 202 Sheet Metal Workers Pension FundLocal 202 Sheet Metal Worker…$18MThe Retirement Plan for Employees of Androscoggin Savings BankThe Retirement Plan for Empl…$18MLtmi Defined Benefit Plan$18MGeorge W. Prescott Publishing Pension PlanGeorge W. Prescott Publishin…$18MFlorida Crystals Corporation Pension Plan for Bue (Bargaining Unit Employees)Florida Crystals Corporation…$18M
End-of-year total assets ($M) among Ltmi Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN020668666
Plan Effective Date2003-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Laredo Transit Management Inc.)

Sponsor-wide plan assets over time

All Laredo Transit Management Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 12.229610387201237% vs 2022
2024 filing year
$17M$18M$19M$20M$21M 202220232024 $18.1M $20.3M ▲ +12.3%
Year Plans Participants Total Assets
2022 2 330 $18M
2023 1 133 $18M
2024 1 135 $20M

Nearby Defined Benefit (Pension) Plans in Texas

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

Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Ltmi Defined Benefit Plan, Total assets ($B): 0.018392718 · Participants: 133Ltmi Defined Benefit PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Ltmi Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Ltmi Defined Benefit Plan side-by-side with 3 peers →

Ltmi Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is The Retirement Plan for Employees of Androscoggin Savings Bank in ME ($18M); by covered participants it is Peoples Bancorp Inc. Retirement Plan and Trust in OH (133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (133 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 Ltmi Defined Benefit Plan assets move in 2023? ▼
Ltmi Defined Benefit Plan grew at a solid clip - up 12.8% during 2023, from $16M to $18M. Reported net income was $2M.
How have Laredo Transit Management Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Laredo Transit Management Inc.'s sponsor-wide assets grew 12.2%, from $18M to $20M.
Which Defined Benefit (Pension) plans are similar in size to Ltmi Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Plan for Employees of Androscoggin Savings Bank in ME ($18M, 29 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ltmi Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Peoples Bancorp Inc. Retirement Plan and Trust in OH (133 participants, N/A 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 020668666.

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.