PNM Resources Inc. Employees' Retirement Plan
Corporate pension, based in Albuquerque, New Mexico, reporting $380M in assets, for 2,945 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Bank of New York Mellon no longer appears on PNM Resources Inc. Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023).
2 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- EB Temporary Investment Fund II2 commitments
Relationship network
16 connected entities2 observed commitments1 repeat counterpartycommitments 2022 to 2023
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Master trust investment accounts 100.0%
Consultants and advisers
- Callan LLC General consultantthrough Dec 31, 2023 Form 5500
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
- Bank of New York Mellon Trusteethrough Dec 31, 2022 Form 5500
People
Manager roster
- Northern Trust Co.plan years 2024
- Blackrock Institutional Trust Co,naplan years 2022
- Pacific Investmt Management Co LLCplan years 2022
+1 more Schedule C manager
Every name, record and relationship behind this count, with the source on each.
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What changed
- Dec 31, 2024Manager relationship endedinferenceBank of New York Mellon no longer appears on PNM Resources Inc. Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Bank of New York Mellonaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedThe Northern Trust Company appears on PNM Resources Inc. Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Northern Trust Co.askebsa.dol.gov
- Jan 1, 2024Funded status changedPNM Resources Inc. Employees' Retirement Plan funded ratio 88.7% -> 91.8% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Manager relationship endedinferencePacific Investment Management no longer appears on PNM Resources Inc. Employees' Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Pacific Investmt Management Co LLCaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceCallan LLC appears on PNM Resources Inc. Employees' Retirement Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
+2 more dated events
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2023 | EB Temporary Investment Fund IIcollective trust | Mellon Bank of New York | Pooled vehicles | $583 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | EB Temporary Investment Fund IIcollective trust | Mellon Bank of New York | Pooled vehicles | $171,661 held | Disclosed holding | askebsa.dol.gov |
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 2,945 | $407M | $438M | 91.8% | $380M | Not disclosed | $380M | Not disclosed |
| 2023 to Dec 31, 2023 | 2,994 | $410M | $459M | 88.7% | $407M | Not disclosed | $407M | Not disclosed |
| 2022 to Dec 31, 2022 | 3,082 | $577M | $477M | 103.7% | $411M | Not disclosed | $410M | Not disclosed |
- The Northern Trust Company codes 28 51 $1.3M PY2024
- Milliman codes 13 50 65 $113,776 PY2024
- Bank of New York Mellon codes 21 50 51 $93,776 PY2024
+31 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Manager relationship started2024-12-31source on record
- Manager relationship ended2024-12-31source on record
- Funded status changed2024-01-01source on record
+4 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+8 connections on the graph
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