401(k) · DOL Form 5500 · 2024
New Mexico Electricians Retirement Benefit Fund 401(k) Plan
Data updated 2026-07-24
- $239M
- Total assets
- 1,400
- Participants
- 95th
- Percentile by assets
- $170,940
- Avg per participant
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.
- 95th percentile by assets (of 116,472 plans)
Coverage in New Mexico
New Mexico Electricians Retirement Benefit Fund covers 1,400 participants in New Mexico, 3.9x the typical New Mexico plan (state average ~362 per filing). Assets: $239M.
- $239M
- total plan assets (2024 EOY)
- 1,400
- covered participants
- 95th
- percentile by assets (of 116,472 plans)
- $170,940
- avg assets per participant
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.
Participants vs New Mexico filers
In New Mexico, the average filing covers about 362 participants across 432 plans. New Mexico Electricians Retirement Benefit Fund reports 1,400 participants - 3.9x that state average ($239M EOY assets).
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)
| 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.
New Mexico Electricians Retirement Benefit Fund vs. nearby 401(k) plans in New Mexico, assets vs. participants
- 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
- Presbyterian Health Plan 401(k) Plan $178M · 2,044
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to New Mexico Electricians Retirement Benefit Fund by total assets, not by location.
- 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
Frequently Asked Questions
How did New Mexico Electricians Retirement Benefit Fund assets move in 2024? ▼
How have New Mexico Electricians Retirement Benefit Fund plan assets changed over time? ▼
Where does New Mexico Electricians Retirement Benefit Fund rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to New Mexico Electricians Retirement Benefit Fund? ▼
Next read for New Mexico Electricians Retirement Benef…
Filing takeaways
Ways to act on New Mexico Electricians Retirement Benefit Fund's numbers.
- By total assets, New Mexico Electricians Retirement Benefit Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Mexico. Compare plans
- New Mexico Electricians Retirement Benefit Fund's sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Construction plans
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 516105542.
Read our methodology - how this data is sourced, computed, and verified.