Defined Benefit (Pension) · DOL Form 5500 · 2024
State Employees Credit Union of New Mexico Pension Plan
Data updated 2026-08-11
- $22M
- Total assets
- 151
- Participants
- 72nd
- Percentile by assets
- $145,812
- Avg per participant
Official DOL plan name: State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust · Sponsored by State Employees Credit Union of New Mexico · New Mexico · Finance & Insurance
$22M in assets, 151 participants
State Employees Credit Union of New Mexico's State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reported $22M in total assets and 151 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 123,622 plans)
- #4,927 in Finance & Insurance (8,549 peers)
Coverage in New Mexico
State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust covers 151 participants in New Mexico, about 41% of the average New Mexico filer (state average ~365 per filing). Assets: $22M.
- $22M
- total plan assets (2024 EOY)
- 151
- covered participants
- 72nd
- percentile by assets (of 123,622 plans)
- $145,812
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reported net income fell from $3M in the plan year 2023 filing to $471K in the plan year 2024 filing.
- State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reported participants fell from 156 in the plan year 2023 filing to 151 in the plan year 2024 filing.
- State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $22M in the plan year 2023 filing to $22M in the plan year 2024 filing.
Participants vs New Mexico filers
In New Mexico, the average filing covers about 365 participants across 466 plans. State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust reports 151 participants - about 41% of that state average ($22M EOY assets).
New Mexico filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $471K |
| Employer EIN | 856010733 |
| Plan Effective Date | 1973-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (State Employees Credit Union of New Mexico)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 148 | $19M |
| 2023 | 1 | 156 | $22M |
| 2024 | 1 | 151 | $22M |
Nearby Defined Benefit (Pension) Plans in New Mexico
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants
- Ntess Retirement Income Plan $6.2B · 3,323
- Triad Defined Benefit Pension Plan $5.6B · 2,018
- Pnm Resources Inc. Employees' Retirement Plan $380M · 133
- Presbyterian Healthcare Services Employees' Pension Plan II $261M · 713
- Waste Isolation Pilot Plant Pension Plan $233M · 1,041
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust by total assets, not by location.
- Touro Infirmary Retirement Plan (LA) $22M · 564
- Bryce Corporation Pension Plan (TN) $22M · 174
- Intesa Sanpaolo S.P.a Retirement Plan (NY) $22M · 30
- Innomotics Pension Plan (GA) $22M · 167
Frequently Asked Questions
How did State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust assets move in 2024? ▼
How have State Employees Credit Union of New Mexico plan assets changed over time? ▼
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Filing takeaways
Ways to act on State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust's numbers.
- By total assets, State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Mexico. Compare plans
- State Employees Credit Union of New Mexico's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Finance & Insurance plans