Plan5500

Socorro, NM Form 5500 retirement and benefit plan filings

City Form 5500 summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Socorro, NM has 2 loaded benefit plan(s) reported by 2 plan sponsor(s), with $3,709,570 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
2
Plan sponsors
2
Latest filing year
2023

What stands out in Socorro

  • 2 loaded plans hold $3.7M in reported assets across 2 sponsors.
  • The largest, First State Bank 401(K) Plan, holds 78% of reported Socorro plan assets.
  • Plans cover 57 participants — about 29 per plan.
  • 100% of loaded plans report full Schedule H/I financial statements.
  • report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$3.7MSummed across loaded plans$3,709,570
Total reported assets$3.7M$3,709,570
Total reported participants57
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$3.7M total assets
Net assets$3.7MLiabilities$0
Contributions & income
Employer contributions$20.7K
Participant contributions$111.6K
Total income / additions$598.5K
Expenses & distributions
Benefits paid / distributions$41.9K
Total expenses$48.8K
Net increase / (decrease)$549.7K

Data coverage

Plans with financial statements2 / 2 (100%)
Plans with provider compensation0 / 2 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Socorro, NM plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Socorro market comparison

Largest plan share of assets78%First State Bank 401(K) Plan
Participants per plan29Average across loaded plans
Plan sponsors2
Ranked by reported assets

Largest loaded plans in Socorro

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    First State Bank 401(K) Plan$2.9M
    First State Bank · 2023
  2. 2
    C. Bonner Oates, D.D.S. Profit Sharing Plan And Trust$833.6K
    C. Bonner Oates, D.D.S. · 2023

Largest plans in Socorro → · Socorro plans by participants → · Socorro plans with financial data → · Socorro plans with provider compensation → · $1B+ plans in Socorro →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Socorro, NM?
2 plan(s) reported by 2 sponsor(s) are loaded for Socorro, NM.

Related Form 5500 pages