# Txnm Energy, INC. DB Plan
Source: https://planprovider.pro/companies/pnm-resources-inc-plan-001-8296

> Txnm Energy, INC.'s DB plan: 119 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Txnm Energy, INC.

- **Sponsor EIN:** 850468296

- **Sponsor Address:** 414 SILVER AVENUE SW, ALBUQUERQUE, NM, 871022340

- **Plan Type:** DB

- **Total Participants:** 119

- **Total Assets:** $379.8M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|119|$379.8M|$0|$0|

| 2023|133|$407.2M|$0|$0|

| 2022|146|$410.7M|$0|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| THE NORTHERN TRUST COMPANY|N/A|$1,259,805|—|$1,259,805|

| MILLIMAN|N/A|$113,776|—|$113,776|

| BANK OF NEW YORK MELLON|N/A|$93,776|—|$93,776|

| RV KUHNS & ASSOCIATES|N/A|$84,671|—|$84,671|

| MORGAN STANLEY & CO INC|N/A|$42,313|—|$42,313|

| WILLIS TOWERS WATSON|N/A|$30,700|—|$30,700|

| SNELL AND WILMER, LLP|N/A|$25,274|—|$25,274|

| CALLAN LLC|N/A|$16,223|—|$16,223|

| BLACKROCK INSTITUTIONAL TRUST|N/A|$11,412|—|$11,412|

| BAKER TILLY US|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MILLIMAN](https://planprovider.pro/provider/milliman) — N/A

- [WILLIS TOWERS WATSON](https://planprovider.pro/provider/lincoln-financial-group) — N/A

- [SNELL AND WILMER, LLP](https://planprovider.pro/provider/snell-and-wilmer-llp) — N/A

- [BAKER TILLY US](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,677,950

- **Estimated Expense Ratio:** 0.442% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$3,998,637|$1,313,532|$198,447|—|—|

| 2023|$3,058,359|$118,664|—|—|—|

| 2022|$2,119,283|$154,316|—|—|$67,949|

## Similar Plans

- [Txnm Energy, INC.](https://planprovider.pro/companies/pnm-resources-inc-401k-plan) — 1,708 participants

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