Defined Benefit (Pension) · DOL Form 5500 · 2024
El Paso Electric Company Pension Plan
Data updated 2026-08-11
- $278M
- Total assets
- 1,107
- Participants
- 96th
- Percentile by assets
- $251,267
- Avg per participant
Official DOL plan name: Retirement Income Plan for Employees of El Paso Electric Company · Sponsored by El Paso Electric Company · Texas · Utilities
$278M in assets, 1,107 participants
El Paso Electric Company's Retirement Income Plan for Employees of El Paso Electric Company reported $278M in total assets and 1,107 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #545 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Retirement Income Plan for Employees of El Paso Electric Company ranks #545 of 732 2024 filers by assets (193% of the sector average)-$278M for 1,107 participants.
- $278M
- total plan assets (2024 EOY)
- 1,107
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $251,267
- avg assets per participant
The plan reported a net loss of $229K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Retirement Income Plan for Employees of El Paso Electric Company reported net income fell from $7M in the plan year 2023 filing to -$229K in the plan year 2024 filing.
- Retirement Income Plan for Employees of El Paso Electric Company reported participants fell from 1,128 in the plan year 2023 filing to 1,107 in the plan year 2024 filing.
- Retirement Income Plan for Employees of El Paso Electric Company end-of-year assets fell from $278M in the plan year 2023 filing to $278M in the plan year 2024 filing.
Rank #545 in Utilities
Among 732 Utilities plans that filed a Form 5500 for plan year 2024, Retirement Income Plan for Employees of El Paso Electric Company ranks #545 by end-of-year assets - about 193% of the sector average of $537M. Nationally it sits in the 96th percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $278M |
|---|---|
| Net Assets (End of Year) | $278M |
| Net Income | -$229K |
| Employer EIN | 740607870 |
| Plan Effective Date | 1945-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (El Paso Electric Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,169 | $456M |
| 2023 | 2 | 2,253 | $499M |
| 2024 | 2 | 2,203 | $519M |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retirement Income Plan for Employees of El Paso Electric Company vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $28.3B · 100,400
- Exxonmobil Pension Plan $12.1B · 22,000
- Chevron Retirement Plan $9.7B · 21,297
- Shell Pension Plan $9.7B · 12,688
- Caterpillar Inc. Retirement Income Plan $9.2B · 11,498
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Income Plan for Employees of El Paso Electric Company by total assets, not by location.
- Metropolitan Opera Association Retirement Plan (NY) $278M · 689
- The Retirement Plan of Central Georgia Health Systems, Inc. (GA) $278M · 1,032
- Quad/Graphics Printing Pension Plan (CT) $279M · 235
- Community Hospitals of Central California Pension Plan (CA) $278M · 3,105
Frequently Asked Questions
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How have El Paso Electric Company plan assets changed over time? ▼
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Filing takeaways
Ways to act on Retirement Income Plan for Employees of El Paso Electric Company's numbers.
- By total assets, Retirement Income Plan for Employees of El Paso Electric Company ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- El Paso Electric Company's sponsor-wide assets have grown 13.8% since 2022 across 3 plan years on file. More Utilities plans