Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Texas-New Mexico Power Company Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Texas-New Mexico Power · New Mexico · Utilities

What the 2023 filing shows

Texas-New Mexico Power Company Pension Plan holds $38M for 128 participants — about $298,636 per participant, down 7.6% over the 2024 plan year.

$38M
total plan assets (2024 EOY)
128
covered participants
$298,636
avg assets per participant
-7.6%
assets change YoY

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.

Total Assets (2023)
$38M
Participants
128
State
Industry
Utilities

What the Filing Says About Texas-New Mexico Power Company Pension Plan

Texas-New Mexico Power Company Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Texas-New Mexico Power, headquartered in New Mexico. As of the 2024 Form 5500 filing, the plan reports $38M in total end-of-year assets and covers 128 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 750204070, and the plan has been effective since 1960-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $41M at the beginning of 2024 to $38M at year-end — a decline of 7.6%. Net assets (after liabilities) closed the year at $38M, with reported net income of $-4,186,061 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$41M
Total Assets (End of Year)$38M
Net Assets (End of Year)$38M
Net Income$-4,186,061
Plan TypeDefined Benefit (Pension)
Employer EIN750204070
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Texas-New Mexico Power)

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.

Frequently Asked Questions

How much money is in the Texas-New Mexico Power Company Pension Plan?
As of the 2024 Form 5500 filing, Texas-New Mexico Power Company Pension Plan holds $38M in total assets with 128 participants. It is sponsored by Texas-New Mexico Power.
What type of plan is Texas-New Mexico Power Company Pension Plan?
Texas-New Mexico Power Company Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1960-01-01. The plan is filed with the U.S. Department of Labor under EIN 750204070.
Who sponsors the Texas-New Mexico Power Company Pension Plan?
Texas-New Mexico Power Company Pension Plan is sponsored by Texas-New Mexico Power, located in New Mexico. The sponsor's EIN is 750204070 and the plan operates in the Utilities industry.
How did Texas-New Mexico Power Company Pension Plan perform in 2024?
Texas-New Mexico Power Company Pension Plan declined by 7.6% during 2024, moving from $41M to $38M in total assets. Net income was $-4,186,061.
Where can I find official filings for Texas-New Mexico Power Company Pension Plan?
Official Form 5500 filings for Texas-New Mexico Power Company Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 750204070 or plan name at efast.dol.gov.
How does Texas-New Mexico Power Company Pension Plan compare to other plans?
You can compare Texas-New Mexico Power Company Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Mexico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 750204070.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.