State · sponsors with a New Mexico filing address
Retirement plans in New Mexico
Form 5500 filings for plan years 2009 to 2025; medians for plan year 2024.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. A plan is counted in the state of its sponsor's address, not where its participants live.
245 retirement plans based in New Mexico with 100 or more participants filed Form 5500 for plan year 2024 (228 defined contribution, 17 defined benefit). All Form 5500 pension filers in the group reported 231,991 participant records and $32.0B in net assets.
The median defined contribution plan held $36,951 per participant, well below the national median of $53,031, and its employer put in $2,095 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $134 per participant against $123 nationally.
Employers contributed $929M and participants $835M during the year, and the plans paid out $2.28B in benefits.
In 2009 the same group numbered 274 plans with $10.8B; by 2024 it was 245 plans (down 11%) and $32.0B (up 196%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Beyond the full-form filers, 2,870 small plans based in New Mexico filed the short Form 5500-SF for 2024, with 81,203 participants and $3.72B in net assets. Small plans are counted here and nowhere else on this site.
Medians compared with all US plans
| Median plan, plan year 2024 | NM: DC | US: DC | NM: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $36,951 | $53,031 | $126,688 | $86,234 |
| Employer contributions per active participant | $2,095 | $2,174 | $18,771 | $10,244 |
| Schedule C compensation per participant | $134 | $123 | $491 | $344 |
| Schedule C compensation, share of net assets | 0.37% | 0.26% | 0.43% | 0.42% |
| Administrative expenses per participant | $133 | $116 | $638 | $527 |
Medians across plans with 100 or more participants (218 DC and 17 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $21,313 | $36,951 | $77,464 | 218 |
| Employer contributions per active participant | $1,161 | $2,095 | $4,022 | 209 |
| Schedule C compensation per participant | $62.99 | $134 | $247 | 200 |
| Administrative expenses per participant | $56.80 | $133 | $235 | 211 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 29 | 15,818 | $1.91B | $50.0M | $61.8M | $69,270 | $152 |
| 2024 | 245 | 231,991 | $32.0B | $929M | $835M | $36,951 | $134 |
| 2023 | 238 | 221,167 | $29.7B | $899M | $766M | $36,487 | $127 |
| 2022 | 297 | 224,746 | $26.3B | $709M | $699M | $27,412 | $120 |
| 2021 | 301 | 224,402 | $32.8B | $715M | $654M | $31,077 | $114 |
| 2020 | 294 | 216,269 | $30.1B | $735M | $618M | $29,650 | $101 |
| 2019 | 288 | 215,776 | $26.1B | $701M | $561M | $24,266 | $91.01 |
| 2018 | 277 | 211,046 | $21.8B | $608M | $518M | $21,376 | $75.82 |
| 2017 | 274 | 206,174 | $23.2B | $575M | $480M | $22,649 | $68.12 |
| 2016 | 256 | 198,495 | $19.8B | $534M | $452M | $20,982 | $62.53 |
| 2015 | 256 | 198,012 | $18.6B | $583M | $435M | $21,317 | $51.99 |
| 2014 | 244 | 191,212 | $18.8B | $599M | $405M | $21,591 | $49.96 |
| 2013 | 252 | 195,890 | $17.3B | $573M | $399M | $21,294 | $48.38 |
| 2012 | 246 | 193,985 | $15.3B | $758M | $384M | $18,964 | $45.29 |
| 2011 | 255 | 197,130 | $13.4B | $746M | $378M | $16,973 | $42.52 |
| 2010 | 266 | 200,579 | $12.4B | $486M | $364M | $17,309 | $46.94 |
| 2009 | 274 | 205,909 | $10.8B | $441M | $342M | $16,254 | $45.88 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 243 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 243 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| Ntess Savings and Income Plan | National Technology & Engineering Solutions of Sandia, LLC | DC | 19,883 | $7.25B | $364,494 | $11,908 | $133 |
| Presbyterian Healthcare Services 403(b) Plan | Presbyterian Healthcare Services | DC | 19,459 | $968M | $49,734 | $0 | $7.34 |
| Presbyterian Healthcare Services 401(a) Plan | Presbyterian Healthcare Services | DC | 17,205 | $531M | $30,883 | $3,334 | $13.07 |
| Triad 401(k) Retirement Plan | Triad National Security, LLC | DC | 16,432 | $2.49B | $151,659 | $11,553 | $57.61 |
| Ntess Retirement Income Plan | National Technology & Engineering Solutions of Sandia, LLC | DB | 12,979 | $5.56B | $428,180 | $34,115 | $523 |
| Triad Defined Benefit Pension Plan | Triad National Security, LLC | DB | 6,071 | $5.59B | $921,130 | $67,531 | — |
| IBEW Local Union No. 520 Annuity Plan | Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund | DC | 4,683 | $138M | $29,556 | $1,698 | $50.38 |
| IBEW Local Union No. 60 401(k) Plan | IBEW Local Union No. 60 401(k) Plan | DC | 4,544 | $71.8M | $15,792 | $1,750 | $89.66 |
| IBEW Local No. 60 Pension | IBEW Local No. 60 Pension Plan Trust Fund | DB | 3,607 | $97.0M | $26,905 | $2,253 | $109 |
| Plumbers & Pipefitters Lu 286 Money Purchase Plan | Plumbers & Pipefitters Lu 286 Money Purchase Plan | DC | 3,606 | $197M | $54,575 | $4,244 | $140 |
| Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust | Applied Research Associates, Inc. | DC | 3,195 | $648M | $202,798 | $6,195 | $127 |
| MVT 401(k) Plan | MVT Holdings, LLC | DC | 3,067 | $39.1M | $12,751 | $752 | $8.67 |
| Triad 401(k) Savings Plan | Triad National Security, LLC | DC | 2,950 | $900M | $305,062 | $0 | $76.76 |
| Presbyterian Health Plan 401(k) Plan | Presbyterian Health Plan, Inc. | DC | 2,882 | $178M | $61,729 | $3,399 | $47.93 |
| PNM Resources Inc. Employees' Retirement Plan | TXNM Energy, Inc. | DB | 2,868 | $380M | $132,427 | — | $585 |
| TXNM Energy, Inc. Retirement Savings Plan | TXNM Energy, Inc. | DC | 2,832 | $897M | $316,626 | $10,802 | $222 |
| New Mexico Electricians Retirement Benefit Fund | New Mexico Electricians Retirement Benefit Fund | DC | 2,603 | $239M | $91,899 | $8,399 | $227 |
| Employee Stock Ownership Plan of Applied Research Associates, Inc. | Applied Research Associates, Inc. | DC | 2,452 | $611M | $249,024 | $9,522 | $104 |
| San Juan Regional Medical Center 403(b) Plan | San Juan Regional Medical Center | DC | 2,432 | $142M | $58,460 | $1,575 | $143 |
| Christus St. Vincent Retirement Plan | St. Vincent Hospital | DC | 2,362 | $177M | $74,894 | $2,899 | $14.64 |
| New Mexico Pipe Trades Pension Trust Fund Plan B | New Mexico Pipe Trades | DC | 2,260 | $88.7M | $39,260 | $1,753 | $248 |
| Tricore Reference Laboratories 401(k) Plan | Tricore Reference Laboratories | DC | 2,070 | $117M | $56,566 | $2,247 | $142 |
| Clearsky Health Retirement Plan | Clearsky Health Acquisition, LLC | DC | 2,012 | $13.6M | $6,743 | $633 | $54.68 |
| Pueblo of Santa Ana Commercial Enterprises 401(k) Profit Sharing Plan and Trust | Pueblo of Santa Ana | DC | 1,935 | $27.3M | $14,086 | $957 | $59.60 |
| The Taos Ski Valley, Inc. and Blanca Forestry Products 401(k) Plan | Taos Ski Valley, Inc. | DC | 1,930 | $17.7M | $9,169 | $250 | $22.49 |
| Commercial Enterprises Employees 401(k) Profit | Pueblo of Isleta | DC | 1,867 | $34.9M | $18,717 | $1,924 | $63.48 |
| Waste Isolation Pilot Plant Pension Plan | Salado Isolation Mining Contractors, LLC | DB | 1,838 | $233M | $126,688 | $15,118 | $705 |
| Presbyterian Healthcare Services Employees' Pension Plan II | Presbyterian Healthcare Services | DB | 1,744 | $229M | $131,547 | $22,423 | $671 |
| Pueblo of Sandia Commercial Enterprises 401(k) Profit Sharing Plan and Trust | Pueblo of Sandia | DC | 1,461 | $51.9M | $35,551 | $1,386 | $141 |
| Waste Isolation Pilot Plant Savings Plan | Salado Isolation Mining Contractors, LLC | DC | 1,387 | $151M | $108,550 | $2,868 | $134 |
| Navajo Nation Gaming Enterprise 401(k) Savings Plan | Navajo Nation Gaming Enterprise | DC | 1,383 | $24.2M | $17,505 | $1,903 | $117 |
| Gerald Champion Regional Medical Center 401(k) Plan | Gerald Champion Regional Medical | DC | 1,364 | $57.3M | $42,004 | $2,409 | $135 |
| Heritage 401(k) Plan | Heritage Hotels and Resorts, Inc. | DC | 1,342 | $1.8M | $1,315 | $100 | $4.93 |
| Brycon Corporation 401(k) Profit Sharing Plan and Trust | Brycon Corporation | DC | 1,243 | $24.6M | $19,785 | $2,878 | $85.03 |
| Presbyterian Medical Services Discretionary Contribution Plan | Presbyterian Medical Services | DC | 1,232 | $38.0M | $30,833 | $2,867 | $123 |
| Nusenda Federal Credit Union 401(k) Plan | Nusenda Federal Credit Union | DC | 1,143 | $36.4M | $31,840 | $4,851 | $79.76 |
| Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust | Pueblo of Laguna | DC | 1,127 | $25.5M | $22,655 | $1,356 | $118 |
| Lovelace Biomedical Research Institute Tda and DC Plan | Lovelace Biomedical Research Institute | DC | 1,056 | $123M | $116,247 | $4,824 | $151 |
| Meow Wolf 401(k) Plan | Meow Wolf, Inc. | DC | 1,033 | $21.2M | $20,518 | $1,956 | $190 |
| Wilson & Company 401(k) Plan | Wilson & Company, Inc., Engineers & Architects | DC | 1,009 | $125M | $123,584 | $2,645 | $188 |
| Summit Electric Supply Co. 401(k) Plan | Summit Electric Supply Co., Inc. | DC | 1,001 | $94.5M | $94,422 | $1,769 | $60.77 |
| SM Workers Local 49 Defined Contribution Pension Plan | Board of Trustees SM Workers Local 49 Defined Contribution Plan | DC | 997 | $24.5M | $24,527 | $639 | $319 |
| Payday Retirement Savings Plan | Payday, Inc. | DC | 987 | $10.4M | $10,529 | $479 | $127 |
| Holy Cross Hospital Retirement Savings Plan | Taos Health Systems, Incorporated | DC | 976 | $27.0M | $27,666 | $1,220 | $124 |
| 401(k) Profit-Sharing Plan for Employees of Eye Associates of New Mexico, Ltd. | Eye Associates of New Mexico | DC | 806 | $62.0M | $76,947 | $1,311 | $201 |
| Arca 401(k) Plan | Arca | DC | 775 | $16.5M | $21,242 | $1,159 | $137 |
| TLC Company, Inc. 401(k) Profit Sharing Plan | TLC Company, Inc. | DC | 758 | $22.8M | $30,088 | $657 | $25.10 |
| Sunward Federal Credit Union Employees' Cash Balance Pension Plan | Sunward Federal Credit Union | DB | 752 | $111M | $147,394 | — | $131 |
| Pueblo of Pojoaque 401(k) Plan | Pueblo of Pojoaque | DC | 749 | $19.1M | $25,539 | $1,114 | $114 |
| Rinchem Company LLC and Affiliates Retirement Savings Plan | Rinchem Company LLC | DC | 748 | $33.5M | $44,846 | $2,986 | $225 |
| Nusenda Federal Credit Union Cash Balance Defined Benefit Plan | Nusenda Federal Credit Union | DB | 742 | $88.4M | $119,138 | — | $313 |
| Bam! Pizza Management, Inc. 401(k) Plan | Bam! Pizza Management, Inc. | DC | 726 | $2.9M | $3,996 | $383 | $56.63 |
| Peter Defries Corp. 401(k) Plan | Peter Defries Corporation D/b/a/ Dion's | DC | 722 | $21.2M | $29,416 | $1,620 | $149 |
| Section 403(b) Retirement Plan for Youth Development, Inc. | Youth Development, Inc. | DC | 716 | $16.4M | $22,846 | $1,785 | $78.14 |
| Sunward Federal Credit Union 401(k) Plan and Trust | Sunward Federal Credit Union | DC | 677 | $45.2M | $66,775 | $2,707 | $111 |
| Kirk Movers, Inc. 401(k) | Kirk Movers, Inc. | DC | 666 | $2.4M | $3,592 | $1,332 | $62.64 |
| 401(k) Profit Sharing Plan for Employees of la Clinica de Familia, Incorporated | La Clinica de Familia, Incorporated | DC | 655 | $30.7M | $46,934 | $2,502 | $13.26 |
| Texas-New Mexico Power Company Pension Plan | Texas-New Mexico Power | DB | 642 | $38.2M | $59,541 | — | $473 |
| 401(k) Profit-Sharing Plan for Employees of Navajo Engineering and Construction Authority | Navajo Engineering and Construction Authority | DC | 628 | $21.4M | $34,104 | $3,086 | $11.37 |
| Albuquerque Academy Retirement Plan | Albuquerque Academy | DC | 601 | $82.6M | $137,438 | $3,384 | $39.55 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in New Mexico?
245 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 443 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in New Mexico?
The median defined contribution plan reported $36,951 in net assets per participant (middle half of plans: $21,313 to $77,464); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in New Mexico?
The median defined contribution plan received $2,095 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in New Mexico?
Among defined contribution plans that report any Schedule C compensation, the median was $134 per participant and 0.37% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.