Defined Benefit (Pension) · DOL Form 5500 · 2024

Txnm Energy, Inc. Pension Plan

Data updated 2026-08-25

$380M
Total assets Above avg plan size
133
Participants Small participant base
96th
Percentile by assets National rank
$2.9M
Avg per participant High balance/head
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Official DOL plan name: Pnm Resources Inc. Employees' Retirement Plan · Sponsored by Txnm Energy, Inc. · New Mexico · Utilities

$380M in assets, 133 participants

Txnm Energy, Inc.'s Pnm Resources Inc. Employees' Retirement Plan reported $380M in total assets and 133 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.

  • #568 in Utilities (732 peers)

Coverage in New Mexico

Pnm Resources Inc. Employees' Retirement Plan covers 133 participants in New Mexico, about 36% of the average New Mexico filer (state average ~365 per filing). Assets: $380M.

#568
in Utilities (732 peers)
-6.7%
assets change YoY
3.8×
vs typical plan assets (national mean)

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pnm Resources Inc. Employees' Retirement Plan's outsized position by total assets

Pnm Resources Inc. Employees' Retirement Plan vs every filed plan by assets

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

$379,799,404 Top 4% higher than 96% 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

Pnm Resources Inc. Employees' Retirement 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. Pnm Resources Inc. Employees' Retirement Plan sits mid-pack in the medium band (133 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pnm Resources Inc. Employees' Retirement Plan reported net income fell from -$3M in the plan year 2023 filing to -$27M in the plan year 2024 filing.
  • Pnm Resources Inc. Employees' Retirement Plan reported participants fell from 146 in the plan year 2023 filing to 133 in the plan year 2024 filing.
  • Pnm Resources Inc. Employees' Retirement Plan end-of-year assets fell from $407M in the plan year 2023 filing to $380M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 850468296 · Txnm Energy, Inc. PY 2024 · Defined Benefit (Pension)

Pnm Resources Inc. Employees' Retirement Plan · $380M · 133 · 96th

  • BOOK $380M
  • VS-ST 133
  • BOY 96th
  • SCH Defined Benefit (Pension)
  • EBSA near Ubs Pension Plan
  • PART ind #568

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 →

Pnm Resources Inc. Employees' Retirement Plan in the asset neighbourhood

Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension PlanPlumbers Pipe Fitters & Mech…$381MUbs Pension Plan$380MPnm Resources Inc. Employees' Retirement PlanPnm Resources Inc. Employees…$380MThe Restated Ag Processing Inc Retirement PlanThe Restated Ag Processing I…$379MRhode Island Laborers Pension PlanRhode Island Laborers Pensio…$378M
End-of-year total assets ($M) among Pnm Resources Inc. Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$407M
Net Assets (End of Year)$380M
Net Income-$27M
Employer EIN850468296
Plan Effective Date1950-06-01
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 Defined Benefit (Pension) Plans in New Mexico

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

Pnm Resources Inc. Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants Pnm Resources Inc. Employees' Retirement Plan, Total assets ($B): 0.379799404 · Participants: 133Pnm Resources Inc. Employees' Retirement 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 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 PlanSunward Federal Credit Union Employees' Cash Balance Pension Plan, Total assets ($B): 0.110840394 · Participants: 373Sunward Federal Credit Union Employees' Cash Balance Pension Plan
Pnm Resources Inc. Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants
Compare Pnm Resources Inc. Employees' Retirement Plan side-by-side with 3 peers →

Pnm Resources Inc. Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Ubs Pension Plan in NJ ($380M); by covered participants it is El Paso Pain Center Defined Benefit Plan & Trust in TX (133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (133 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 Pnm Resources Inc. Employees' Retirement Plan assets move in 2024? ▼
Pnm Resources Inc. Employees' Retirement Plan pulled back noticeably - down 6.7% during 2024, from $407M to $380M. Reported net income was -$27M.
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 Pnm Resources Inc. Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Pnm Resources Inc. Employees' Retirement Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Pnm Resources Inc. Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ubs Pension Plan in NJ ($380M, 273 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pnm Resources Inc. Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is El Paso Pain Center Defined Benefit Plan & Trust in TX (133 participants, N/A 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.