New Mexico Electricians Retirement 401(k) Plan: Login, Facts & Contact Information
New Mexico Electricians Retirement 401(k) Login
1,159 former New Mexico Electricians Retirement employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
New Mexico Electricians Retirement 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $14.5 million went into the plan in contributions, $12.1 million of it from the employer (83%).
- $14.4 million was paid out to participants.
- Investment and other income added $25.0 million.
- Administrative expenses were $610,376, about $234 per account.
How the New Mexico Electricians Retirement 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 2,276 | $162.4 million | $9.56 million | $7.06 million |
| 2020 | 2,348 | $174.8 million | $9.93 million | $19.5 million |
| 2021 | 2,423 | $203.7 million | $10.6 million | $10.9 million |
| 2022 | 2,526 | $182.5 million | $11.2 million | $5.94 million |
| 2023 | 2,631 | $214.7 million | $12.5 million | $9.19 million |
| 2024 | 2,692 | $239.3 million | $12.1 million | $14.4 million |
New Mexico Electricians Retirement 401(k) Contact Information
Questions about the New Mexico Electricians Retirement 401(k)
Does New Mexico Electricians Retirement contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $12.1 million in employer contributions for plan year 2024.
Does the New Mexico Electricians Retirement 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the New Mexico Electricians Retirement 401(k) plan?
2,692 participants at the start of plan year 2024, 1,444 of them active employees, and 1,159 former employees who still had money in the plan.
What is the average 401(k) balance at New Mexico Electricians Retirement?
About $91,939 per account: $239.3 million in plan assets across 2,603 accounts with a balance at the end of plan year 2024.
Who manages the New Mexico Electricians Retirement 401(k) accounts?
Principal is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at New Mexico Electricians Retirement. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.