401(k) · DOL Form 5500 · 2024
El Paso Electric Company 401(k) Plan
Data updated 2026-08-25
- $241M
- Total assets Near avg plan size
- 1,096
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $220,106
- Avg per participant Above avg balance/head
Official DOL plan name: El Paso Electric Company Savings Plan · Sponsored by El Paso Electric Company · Texas · Utilities
$241M in assets, 1,096 participants
El Paso Electric Company's El Paso Electric Company Savings Plan reported $241M in total assets and 1,096 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #534 in Utilities (732 peers)
Utilities sector rank
Within Utilities, El Paso Electric Company Savings Plan ranks #534 of 732 2024 filers by assets (223% of the sector average)-$241M for 1,096 participants.
- #534
- in Utilities (732 peers)
- +9.4%
- assets growth YoY
- 2.4×
- vs typical plan assets (national mean)
El Paso Electric Company Savings Plan's outsized position by total assets
El Paso Electric Company Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$241,236,520 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
El Paso Electric Company Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. El Paso Electric Company Savings Plan lands in the large band (1,096 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- El Paso Electric Company Savings Plan reported net income fell from $36M in the plan year 2023 filing to $21M in the plan year 2024 filing.
- El Paso Electric Company Savings Plan end-of-year assets rose from $221M in the plan year 2023 filing to $241M in the plan year 2024 filing.
- El Paso Electric Company Savings Plan reported participants fell from 1,125 in the plan year 2023 filing to 1,096 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 740607870 · El Paso Electric Company PY 2024 · 401(k)
El Paso Electric Company Savings Plan · $241M · 1,096 · 95th
- BOY $241M
- SCH 1,096
- EBSA 95th
- PART 401(k)
- TYPE near Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan
- NET ind #534
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 Texas →
El Paso Electric Company Savings Plan in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $221M |
|---|---|
| Net Assets (End of Year) | $241M |
| Net Income | $21M |
| Employer EIN | 740607870 |
| Plan Effective Date | 1984-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (El Paso Electric Company)
Sponsor-wide plan assets over time
All El Paso Electric Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $519M 13.78440810631743% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,169 | $456M |
| 2023 | 2 | 2,253 | $499M |
| 2024 | 2 | 2,203 | $519M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
El Paso Electric Company Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan in OH ($241M); by covered participants it is Employee Owned Brands, Inc. 401(k) Plan in IA (1,096 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($241M here).
- Cleveland-Cliffs Inc. & Its Associated Employers Salaried Employees Savings Plan (OH) $241M · 1,178
- Cars.Com, LLC 401(k) Retirement Plan (IL) $241M · 1,653
- Specialtycare 401(k) Plan (TN) $241M · 1,814
- Holland Hospital 401(k) Savings Plan (MI) $241M · 2,223
Similar participant headcount
Nearest other-state filings by covered participants (1,096 participants); asset peers above are excluded.
- Employee Owned Brands, Inc. 401(k) Plan (IA) 1,096 · 0 off
- Pesg, LLC 401(k) Plan (TN) 1,096 · 0 off
- Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan (MN) 1,096 · 0 off
- Shure Associates' 401(k) Savings and Profit Sharing Plan (IL) 1,096 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.