Defined Benefit (Pension) · DOL Form 5500 · 2024

State Employees Credit Union of New Mexico Pension Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
151
Participants Small participant base
72nd
Percentile by assets National rank
$145,812
Avg per participant Above avg balance/head
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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.

  • #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.

#4,927
in Finance & Insurance (8,549 peers)
+2.2%
assets growth YoY

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$22,017,595 Top 28% higher than 72% 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

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust 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. State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (151 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 856010733 · State Employees Credit Union of New Mexico PY 2024 · Defined Benefit (Pension)

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust · $22M · 151 · 72nd

  • SCH $22M
  • SCH 151
  • SCH 72nd
  • SCH Defined Benefit (Pension)
  • SCH near Touro Infirmary Retirement Plan
  • SCH ind #4927

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 Finance & Insurance retirement plans → · Plans in New Mexico →

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

Intesa Sanpaolo S.P.a Retirement PlanIntesa Sanpaolo S.P.a Retire…$22MInnomotics Pension Plan$22MState Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and TrustState Employees Credit Union…$22MTouro Infirmary Retirement PlanTouro Infirmary Retirement P…$22MBryce Corporation Pension PlanBryce Corporation Pension Pl…$22M
End-of-year total assets ($M) among State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$22M
Net Income$471K
Employer EIN856010733
Plan Effective Date1973-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Employees Credit Union of New Mexico)

Sponsor-wide plan assets over time

All State Employees Credit Union of New Mexico plans reported in each filing year

Latest sponsor-wide plan assets
$22M 18.3808303617951% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $18.6M $22M ▲ +18.4%
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 Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.022017595 · Participants: 151State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and TrustNtess 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 PlanPnm Resources Inc. Employees' Retirement Plan, Total assets ($B): 0.379799404 · Participants: 133Pnm Resources Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($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 Plan
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

State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Touro Infirmary Retirement Plan in LA ($22M); by covered participants it is Rudin Management Co. Inc. Employees' Pension Trust in NY (151 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (151 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 State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust assets move in 2024? ▼
State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust edged up modestly - up 2.2% during 2024, from $22M to $22M. Reported net income was $471K.
How have State Employees Credit Union of New Mexico plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Employees Credit Union of New Mexico's sponsor-wide assets grew 18.4%, from $19M to $22M.
Which Defined Benefit (Pension) plans are similar in size to State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Touro Infirmary Retirement Plan in LA ($22M, 564 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to State Employees Credit Union of New Mexico Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Rudin Management Co. Inc. Employees' Pension Trust in NY (151 participants, $124M in assets).