401(k) · DOL Form 5500 · 2024

Txnm Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$827M
Total assets Above avg plan size
1,631
Participants Near avg headcount
98th
Percentile by assets National rank
$506,789
Avg per participant High balance/head
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Official DOL plan name: Txnm Energy, Inc. Retirement Savings Plan · Sponsored by Txnm Energy, Inc. · New Mexico · Utilities

$827M in assets, 1,631 participants

Txnm Energy, Inc.'s Txnm Energy, Inc. Retirement Savings Plan reported $827M in total assets and 1,631 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #626 in Utilities (732 peers)

Coverage in New Mexico

Txnm Energy, Inc. Retirement Savings Plan covers 1,631 participants in New Mexico, 4.5x the typical New Mexico plan (state average ~365 per filing). Assets: $827M.

#626
in Utilities (732 peers)
+8.0%
assets growth YoY
8.3×
vs typical plan assets (national mean)

Txnm Energy, Inc. Retirement Savings Plan's outsized position by total assets

Txnm Energy, Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$826,572,097 Top 2% higher than 98% of 123,620 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 2024

Txnm Energy, Inc. Retirement 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. Txnm Energy, Inc. Retirement Savings Plan lands in the large band (1,631 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Txnm Energy, Inc. Retirement Savings Plan end-of-year assets rose from $765M in the plan year 2023 filing to $827M in the plan year 2024 filing.
  • Txnm Energy, Inc. Retirement Savings Plan reported participants rose from 1,531 in the plan year 2023 filing to 1,631 in the plan year 2024 filing.
  • Txnm Energy, Inc. Retirement Savings Plan reported net income rose from $58M in the plan year 2023 filing to $61M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 850468296 · Txnm Energy, Inc. PY 2024 · 401(k)

Txnm Energy, Inc. Retirement Savings Plan · $827M · 1,631 · 98th

  • PCT $827M
  • PCT 1,631
  • PCT 98th
  • PCT 401(k)
  • PCT near M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust
  • PCT ind #626

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 New Mexico →

Txnm Energy, Inc. Retirement Savings Plan in the asset neighbourhood

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership PlanDonaldson Company, Inc. Reti…$827MAthenahealth, Inc. 401(k) PlanAthenahealth, Inc. 401(k) Pl…$827MTxnm Energy, Inc. Retirement Savings PlanTxnm Energy, Inc. Retirement…$827MM. a. Mortenson Company Profit Sharing and Retirement Savings Plan and TrustM. a. Mortenson Company Prof…$827MRalph Lauren Corporation 401(k) PlanRalph Lauren Corporation 401…$827M
End-of-year total assets ($M) among Txnm Energy, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$765M
Net Assets (End of Year)$827M
Net Income$61M
Employer EIN850468296
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Txnm Energy, Inc.)

Sponsor-wide plan assets over time

All Txnm Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 7.909516952602752% vs 2022
2024 filing year
$1.1B$1.15B$1.2B$1.25B 202220232024 $1.12B $1.21B ▲ +8.0%
Year Plans Participants Total Assets
2022 2 1,859 $1.1B
2023 2 1,677 $1.2B
2024 2 1,764 $1.2B

Nearby 401(k) Plans in New Mexico

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Txnm Energy, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants Txnm Energy, Inc. Retirement Savings Plan, Total assets ($B): 0.826572097 · Participants: 1631Txnm Energy, Inc. Retirement Savings PlanNtess Savings and Income Plan, Total assets ($B): 7.248575896 · Participants: 15926Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.492057254 · Participants: 11744Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.899933857 · Participants: 2058Triad 401(k) Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.647938985 · Participants: 2218Applied Research Associates, Inc. 401(k) Profit Sharing Plan & TrustNew Mexico Electricians Retirement Benefit Fund, Total assets ($B): 0.239316225 · Participants: 1400New Mexico Electricians Retirement Benefit Fund
Txnm Energy, Inc. Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare Txnm Energy, Inc. Retirement Savings Plan side-by-side with 3 peers →

Txnm Energy, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust in MN ($827M); by covered participants it is Willdan Group, Inc 401(k) Plan in CA (1,631 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,631 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Txnm Energy, Inc. Retirement Savings Plan assets move in 2024? ▼
Txnm Energy, Inc. Retirement Savings Plan grew at a solid clip - up 8.0% during 2024, from $765M to $827M. Reported net income was $61M.
How have Txnm Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Txnm Energy, Inc.'s sponsor-wide assets grew 7.9%, from $1.1B to $1.2B.
Where does Txnm Energy, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Txnm Energy, Inc. Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Txnm Energy, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust in MN ($827M, 2,977 participants).
Which 401(k) plans cover a similar participant headcount to Txnm Energy, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Willdan Group, Inc 401(k) Plan in CA (1,631 participants, $149M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 850468296.

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.