Defined Benefit (Pension) · DOL Form 5500 · 2024

Texas-New Mexico Power Pension Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
128
Participants Small participant base
81st
Percentile by assets National rank
$298,636
Avg per participant High balance/head
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Official DOL plan name: Texas-New Mexico Power Company Pension Plan · Sponsored by Texas-New Mexico Power · New Mexico · Utilities

$38M in assets, 128 participants

Texas-New Mexico Power's Texas-New Mexico Power Company Pension Plan reported $38M in total assets and 128 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #338 in Utilities (732 peers)

Coverage in New Mexico

Texas-New Mexico Power Company Pension Plan covers 128 participants in New Mexico, about 35% of the average New Mexico filer (state average ~365 per filing). Assets: $38M.

#338
in Utilities (732 peers)
-7.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Texas-New Mexico Power Company Pension Plan's outsized position by total assets

Texas-New Mexico Power Company Pension Plan vs every filed plan by assets

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

$38,225,416 Top 19% higher than 81% 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

Texas-New Mexico Power Company Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Texas-New Mexico Power Company Pension Plan sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Texas-New Mexico Power Company Pension Plan reported net income fell from -$2M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Texas-New Mexico Power Company Pension Plan reported participants fell from 140 in the plan year 2023 filing to 128 in the plan year 2024 filing.
  • Texas-New Mexico Power Company Pension Plan end-of-year assets fell from $41M in the plan year 2023 filing to $38M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 750204070 · Texas-New Mexico Power PY 2024 · Defined Benefit (Pension)

Texas-New Mexico Power Company Pension Plan · $38M · 128 · 81st

  • BOOK $38M
  • VS-ST 128
  • BOY 81st
  • SCH Defined Benefit (Pension)
  • EBSA near Husqvarna Pension Plan
  • PART ind #338

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 →

Texas-New Mexico Power Company Pension Plan in the asset neighbourhood

Iowa State Education Association Employees' Pension TrustIowa State Education Associa…$38MThe Fidelity Bank Pension PlanThe Fidelity Bank Pension Pl…$38MHusqvarna Pension Plan$38MTexas-New Mexico Power Company Pension PlanTexas-New Mexico Power Compa…$38MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$38M
End-of-year total assets ($M) among Texas-New Mexico Power Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$38M
Net Income-$4M
Employer EIN750204070
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Texas-New Mexico Power)

Sponsor-wide plan assets over time

All Texas-New Mexico Power plans reported in each filing year

Latest sponsor-wide plan assets
$38M 12.008435496623934% vs 2022
2024 filing year
$36M$38M$40M$42M$44M 202220232024 $43.4M $38.2M ▼ -12.0%
Year Plans Participants Total Assets
2022 1 170 $43M
2023 1 140 $41M
2024 1 128 $38M

Nearby Defined Benefit (Pension) Plans in New Mexico

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

Texas-New Mexico Power Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants Texas-New Mexico Power Company Pension Plan, Total assets ($B): 0.038225416 · Participants: 128Texas-New Mexico Power Company Pension PlanNtess Retirement Income Plan, Total assets ($B): 6.200747527 · Participants: 3323Ntess Retirement Income PlanTriad Defined Benefit Pension Plan, Total assets ($B): 5.593878518 · Participants: 2018Triad Defined Benefit Pension PlanPnm Resources Inc. Employees' Retirement Plan, Total assets ($B): 0.379799404 · Participants: 133Pnm Resources Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($B): 0.260707301 · Participants: 713Presbyterian Healthcare Services Employees' Pension Plan IIWaste Isolation Pilot Plant Pension Plan, Total assets ($B): 0.233059118 · Participants: 1041Waste Isolation Pilot Plant Pension Plan
Texas-New Mexico Power Company Pension Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants

Texas-New Mexico Power Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Husqvarna Pension Plan in NC ($38M); by covered participants it is Kohler Credit Union Defined Benefit Plan in WI (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Texas-New Mexico Power Company Pension Plan assets move in 2024?
Texas-New Mexico Power Company Pension Plan pulled back noticeably - down 7.6% during 2024, from $41M to $38M. Reported net income was -$4M.
How have Texas-New Mexico Power plan assets changed over time?
Across 3 plan years on file (2022-2024), Texas-New Mexico Power's sponsor-wide assets declined 12.0%, from $43M to $38M.
Where does Texas-New Mexico Power Company Pension Plan rank by assets among Form 5500 filers?
Texas-New Mexico Power Company Pension Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Texas-New Mexico Power Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Husqvarna Pension Plan in NC ($38M, 51 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Texas-New Mexico Power Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kohler Credit Union Defined Benefit Plan in WI (128 participants, $16M in assets).