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Original filing (PDF)20250922175529NAL0004930593001
TXNM ENERGY, INC.
Form 5500
FILING_RECEIVED
TXNM ENERGY, INC. RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
1,708
Accounts w/ balance
2,736
Plan assets (EOY)
$826.6M
Net assets (EOY)
$826.6M
How this plan invests
This plan
16 pooled trusts
Schedule D
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 8 bps in Schedule C fees — modestly above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TXNM ENERGY, INC..
Plan sponsor
Name
TXNM ENERGY, INC.
EIN
85-0468296
Address
414 SILVER AVENUE SW · ALBUQUERQUE, NM · 871022340
Phone
(505) 241-2700
Industry
Utilitiessee all
Plan administrator
Name
TXNM ENERGY BENEFITS GOVERNANCE COMMITTEE
EIN
85-0352963
City
ALBUQUERQUE, NM
Phone
(505) 241-2700
Plan characteristics
Plan number
005
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-22
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
Audit & trust (Schedule H)
Auditor
MOSS ADAMS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsOther
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| VANGUARD ADVISORS INC. | 23-2811930 | — | N/A | $443K | — |
| VANGUARD GROUP INC | 23-1945930 | — | N/A | $172K | — |
| RVK | 93-0919652 | — | N/A | $45K | — |
Investments
11 direct securities · 16 pooled funds· $931.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$502.1M
11 holdings
Common Collective Trust
$429.3M
16 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Index Fund Registered investment company | — | — | — | $141.2M | 17.1% | |
| Vanguard Wellington Fund Registered investment company | — | — | — | $107.1M | 13.0% | |
| JPMCB Large Cap Growth Fund; CF-2 Class Collective investment trust | — | — | — | $83.1M | 10.1% | |
| COMMINGLED PENSION TRUST FUND OF JP JPMORGAN CHASE BANK, N.A. · EIN 46-2655171 / PN 001 | Common Collective Trust | — | — | $83.1M | 10.1% | |
| Met West Total Ret Bond P Registered investment company | — | — | — | $50.4M | 6.1% | |
| ACADIAN COLLECTIVE INVESTMENT TRUST SEI TRUST COMPANY · EIN 47-3984728 / PN 081 | Common Collective Trust | — | — | $49.7M | 6.0% | |
| VANGUARD TGT RETIRE 2045 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083972 / PN 001 | Common Collective Trust | — | — | $46.7M | 5.7% | |
| VANGUARD TGT RETIRE 2035 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083976 / PN 001 | Common Collective Trust | — | — | $44.8M | 5.4% | |
| VANGUARD TGT RETIRE 2025 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083980 / PN 001 | Common Collective Trust | — | — | $44.4M | 5.4% | |
| Vanguard Windsor II Fund Registered investment company | — | — | — | $42.7M | 5.2% | |
| VFTC RETIREMENT SAVINGS TRUST III VANGUARD FIDUCIARY TRUST COMPANY · EIN 38-7041744 / PN 024 | Common Collective Trust | — | — | $42.7M | 5.2% | |
| Vanguard Prime Money Market Fund Registered investment company | — | — | — | $34.7M | 4.2% | |
| Vanguard Institutional Target Retirement Income Collective investment trust | — | — | — | $22.3M | 2.7% | |
| VANGUARD TGT RETIRE INC TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083967 / PN 001 | Common Collective Trust | — | — | $22.3M | 2.7% | |
| VANGUARD TGT RETIRE 2030 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083978 / PN 001 | Common Collective Trust | — | — | $18.8M | 2.3% | |
| VANGUARD TGT RETIRE 2040 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083974 / PN 001 | Common Collective Trust | — | — | $16.6M | 2.0% | |
| VANGUARD TGT RETIRE 2050 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083970 / PN 001 | Common Collective Trust | — | — | $14.1M | 1.7% | |
| VANGUARD TGT RETIRE 2020 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083982 / PN 001 | Common Collective Trust | — | — | $12.7M | 1.5% | |
| ALLSPRING DISCOVERY SMID CAP GROWTH SEI TRUST COMPANY · EIN 45-7019649 / PN 001 | Common Collective Trust | — | — | $11.9M | 1.4% | |
| VANGUARD TGT RETIRE 2055 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 27-6715091 / PN 001 | Common Collective Trust | — | — | $11.1M | 1.3% | |
| VANGUARD TGT RETIRE 2060 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 45-3799419 / PN 001 | Common Collective Trust | — | — | $7.8M | 0.9% | |
| Notes receivable from participants 5.75% - 11.0%, maturing | — | — | — | $7.2M | 0.9% | |
| Victory Integrity Small/Mid-Cap Value Fund; Y Registered investment company | — | — | — | $6.7M | 0.8% | |
| TXNM Energy, Inc. Common Stock Fund Company stock | — | — | — | $6.2M | 0.7% | |
| VANGUARD TGT RETIRE 2065 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6194314 / PN 001 | Common Collective Trust | — | — | $2.2M | 0.3% | |
| PIMCO Inflation Response Multi-Asset Fund; Inst. Class Registered investment company | — | — | — | $377K | <0.1% | |
| VANGUARD TGT RETIRE 2070 TR II VANGUARD FIDUCIARY TRUST COMPANY · EIN 87-7039453 / PN 001 | Common Collective Trust | — | — | $354K | <0.1% |