Texas-New Mexico Power Company Pension Plan — Form 5500 plan (Texas-New Mexico Power)

Plain-English plan 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, Texas-New Mexico Power Company Pension Plan is a benefit plan reported by Texas-New Mexico Power under EIN 75-0204070 and plan number 001. The latest loaded filing year is 2023. The filing reports 693 participants and $41,353,215 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$41.4MPlan net assets, end of year$41,353,215
Participants693Covered participants reported
Assets / participant$59.7KComputed: assets ÷ participants$59,673 (computed)
Provider compensation$119.3K5 Schedule C provider row(s)$119,315
Plan sponsor
Texas-New Mexico Power
EIN
75-0204070
Plan number
001
Plan type
2
Location
Albuquerque, NM
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023693H, C20240927135905NAL0001306019002
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$41.4M total assets
Net assets$41.4MLiabilities
Money in vs. money out
Total income / additions$3.6M
Total expenses$5.7M
Benefits paid / distributions$5M
Full reported line items

Net assets

Total assets (EOY)
$41,353,215
Net assets (EOY)
$41,353,215
Net assets (BOY)
$43,442,137

Income & contributions

Total income / additions
$3,591,838

Expenses & distributions

Benefits paid
$5,041,704
Administrative expenses
$639,056
Total expenses
$5,680,760
Net increase / (decrease)
-$2,088,922
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income140%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers WatsonN/A$41,773not reported in the loaded dataset2023
MillimanN/A$41,625not reported in the loaded dataset2023
Rv Kuhns & AssociatesN/A$13,877not reported in the loaded dataset2023
Bank Of New York MellonN/A$11,043not reported in the loaded dataset2023
Morgan StanleyN/A$10,997not reported in the loaded dataset2023

Related Form 5500 pages