401(k) · DOL Form 5500 · 2024
New Mexico Electricians Retirement Benefit Fund 401(k) Plan
Data updated 2026-08-25
- $239M
- Total assets Near avg plan size
- 1,400
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $170,940
- Avg per participant Above avg balance/head
Official DOL plan name: New Mexico Electricians Retirement Benefit Fund · Sponsored by New Mexico Electricians Retirement Benefit Fund · New Mexico · Construction
$239M in assets, 1,400 participants
New Mexico Electricians Retirement Benefit Fund's New Mexico Electricians Retirement Benefit Fund reported $239M in total assets and 1,400 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #8,518 in Construction (9,039 peers)
Coverage in New Mexico
New Mexico Electricians Retirement Benefit Fund covers 1,400 participants in New Mexico, 3.8x the typical New Mexico plan (state average ~365 per filing). Assets: $239M.
- #8,518
- in Construction (9,039 peers)
- +11.5%
- assets growth YoY
- 2.4×
- vs typical plan assets (national mean)
New Mexico Electricians Retirement Benefit Fund's outsized position by total assets
New Mexico Electricians Retirement Benefit Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$239,316,225 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
New Mexico Electricians Retirement Benefit Fund'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. New Mexico Electricians Retirement Benefit Fund lands in the large band (1,400 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- New Mexico Electricians Retirement Benefit Fund reported net income fell from $32M in the plan year 2023 filing to $25M in the plan year 2024 filing.
- New Mexico Electricians Retirement Benefit Fund end-of-year assets rose from $215M in the plan year 2023 filing to $239M in the plan year 2024 filing.
- New Mexico Electricians Retirement Benefit Fund reported participants rose from 1,366 in the plan year 2023 filing to 1,400 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 516105542 · New Mexico Electricians Retirement Benefit Fund PY 2024 · 401(k)
New Mexico Electricians Retirement Benefit Fund · $239M · 1,400 · 95th
- RANK $239M
- PHOTO 1,400
- IND 95th
- EOY 401(k)
- 5500 near Dorman Products, Inc. 401(k) Retirement Plan & Trust
- ASSETS ind #8518
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 Construction retirement plans → · Plans in New Mexico →
New Mexico Electricians Retirement Benefit Fund in the asset neighbourhood
New Mexico filing particulars
| Total Assets (Beginning of Year) | $215M |
|---|---|
| Net Assets (End of Year) | $239M |
| Net Income | $25M |
| Employer EIN | 516105542 |
| Plan Effective Date | 1972-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New Mexico Electricians Retirement Benefit Fund)
Sponsor-wide plan assets over time
All New Mexico Electricians Retirement Benefit Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $239M 31.101740927325526% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,353 | $183M |
| 2023 | 1 | 1,366 | $215M |
| 2024 | 1 | 1,400 | $239M |
Nearby 401(k) Plans in New Mexico
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Ntess Savings and Income Plan $7.2B · 15,926
- Triad 401(k) Retirement Plan $2.5B · 11,744
- Triad 401(k) Savings Plan $900M · 2,058
- Txnm Energy, Inc. Retirement Savings Plan $827M · 1,631
- Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $648M · 2,218
New Mexico Electricians Retirement Benefit Fund's out-of-state 401(k) peers by assets and headcount
Outside New Mexico, the nearest 401(k) by assets is Dorman Products, Inc. 401(k) Retirement Plan & Trust in PA ($239M); by covered participants it is Ait Worldwide Logistics, Inc. 401(k) Savings Plan in IL (1,400 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($239M here).
- Dorman Products, Inc. 401(k) Retirement Plan & Trust (PA) $239M · 4,084
- Bristol-Myers Squibb Puerto Rico, Inc. Savings and Investment Program () $239M · 1,682
- Centimark Corporation 401(k) Plan (PA) $239M · 2,495
- Convatec Inc. Savings and Investment Plan (NJ) $239M · 1,465
Similar participant headcount
Nearest other-state filings by covered participants (1,400 participants); asset peers above are excluded.
- Ait Worldwide Logistics, Inc. 401(k) Savings Plan (IL) 1,400 · 0 off
- Ig Design Group Americas Inc. 401(k) Plan (PA) 1,400 · 0 off
- Invo Holdings 401(k) Plan (FL) 1,400 · 0 off
- The Savings and Growth Plan for Ports America Group and Affiliates (AZ) 1,400 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.