# Txnm Energy, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/txnm-energy-inc-850468296-604

> Txnm Energy, INC.'s Health & Welfare plan: 2,054 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, 87102

- **Plan Type:** Health & Welfare

- **Plan Number:** 604

- **Total Participants:** 2,054

- **Total Assets:** $79.7M

## 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|2,054|$79.7M|$0|$424,565|

| 2023|1,956|$81.8M|$0|$852,725|

| 2022|1,850|$79.2M|$0|$940,578|

## 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|

| PNM RESOURCES|Other Service Provider|$87,800|—|$87,800|

| SNELL & WILMER|ERISA Attorney|$47,690|—|$47,690|

| RV KUHNS & ASSOCIATES INC|Other Service Provider|$32,765|—|$32,765|

| BANK OF NEW YORK MELLON|Other Service Provider|$14,815|—|$14,815|

### Verified Provider Profiles

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

- [SNELL & WILMER](https://planprovider.pro/provider/snell-and-wilmer-llp) — ERISA Attorney

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $183,070

- **Estimated Expense Ratio:** 0.230% 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|$454,123|$32,766|$14,815|—|—|

| 2023|$412,607|$12,194|—|—|—|

| 2022|$468,133|—|—|—|$42,900|

## Similar Plans

- [Txnm Energy, INC.](https://planprovider.pro/companies/pnm-resources-inc-401k-plan) — 2,832 participants

- [Txnm Energy, INC.](https://planprovider.pro/companies/txnm-energy-inc-850468296-602) — 1,695 participants

- [Txnm Energy, INC.](https://planprovider.pro/companies/txnm-energy-inc-850468296-603) — 1,695 participants

- [Txnm Energy, INC.](https://planprovider.pro/companies/txnm-energy-inc-850468296-605) — 1,695 participants

- [Txnm Energy, INC.](https://planprovider.pro/companies/txnm-energy-inc-850468296-610) — 1,400 participants

- [Txnm Energy, INC.](https://planprovider.pro/companies/txnm-energy-inc-850468296-607) — 1,109 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/txnm-energy-inc-850468296-604)

© 2026 PlanProvider.Pro