NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL

Plan Contact

  • Address: 7210 WYOMING NE, SUITE 20,ALBUQUERQUE,NM
  • Contact person: RYAN SHELL
  • Phone: (505) 798-3315

Plan General Information

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Total Retirement Plan Assets

At the end of 2012, the total retirement plan assets of NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is $80,432,598.00.This plan was established in 2008.

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Total Number of Retirement Plan Participants

At the end of 2012, the total number of retirement plan participants in NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is 764

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Average Participant Retirement Account Value

In 2012, the average participant retirement account value for NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is $105,278.00

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is $12,111.00.

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Estimated Average Employer Match

In 2012, the estimated average employer match for an employee in NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is approximately $6,615.00
Investing in this additonal $6,615.00 for 20 years would give you extra $423,405.00, assuming a 10% annual return.

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Total Employer Contribution and Match Rate

In 2012, NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL allocates $5,054,398.00 to match its employees' contributions, providing an employer match rate of 109.25% of their contributions

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Total Retirement Plan Asset Growth Rate

In 2012, the total retirement plan asset growth rate of NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is 18.98%.

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Estimated Aggregate Retirement Account Investment Gain/Loss

In 2012, the estimated aggregate retirement account investment gain/loss for NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is 11.78%. This measures the effectiveness of the plan participants' investments in the year.

NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL Expense Ratio

In 2012, the investment and administrative expense ratio of NEW MEXICO GAS COMPANY, INC. 401 (K) RETIREMENT PL is 0.08%.

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