Plan Snapshot
- Plan Sponsor: Txnm Energy, INC.
- Sponsor EIN: 236679470
- Sponsor Address: 414 SILVER AVENUE SW, ALBUQUERQUE, NM, 87102
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $468.3M
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 | 0 | $468.3M | $0 | $0 |
| 2023 | 0 | $480.8M | $0 | $0 |
| 2022 | 0 | $490.1M | $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 |
|---|---|---|---|---|
| MILLIMAN | Recordkeeper | $270,776 | — | $270,776 |
| HARRISON STREET ADVISORS | Other Service Provider | $159,042 | — | $159,042 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $149,891 | — | $149,891 |
| WILLIS TOWERS WATSON | Recordkeeper | $136,522 | — | $136,522 |
| PACIFIC INVESTMENT MGT | Other Service Provider | $95,356 | — | $95,356 |
| METLIFE INV MGT | Other Service Provider | $93,976 | — | $93,976 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $77,845 | — | $77,845 |
| RV KUHNS | Other Service Provider | $47,826 | — | $47,826 |
| DODGE & COX | Other Service Provider | $31,338 | — | $31,338 |
| BANK OF NEW YORK MELLON | Other Service Provider | $21,153 | — | $21,153 |
| LEGAL & GENERAL INVESTMENT | Other Service Provider | $8,971 | — | $8,971 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $6,308 | — | $6,308 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- WILLIS TOWERS WATSON — Recordkeeper
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,099,004
- Estimated Expense Ratio: 0.235% 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 | $1,103,998 | $616,419 | — | — | — |
| 2023 | $1,360,095 | $647,675 | — | — | — |
| 2022 | $1,200,482 | $1,092,686 | $92,091 | — | — |