TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES
Plan Contact
- Contact person: MELISSA DAVIS, VP HUMAN RESOURCES
- Phone: (817) 731-0099
Plan General Information
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Total Retirement Plan Assets
At the end of 2000, the total retirement plan assets of TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is $99,520,443.00.This plan was established in 1957.
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2000, the total number of retirement plan participants in TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is 923
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Average Participant Retirement Account Value
In 2000, the average participant retirement account value for TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is $107,822.00
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Estimated Average Employee Contribution Amount
In 2000, the estimated average employee contribution amount per participant for TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is $7,429.00.
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Estimated Average Employer Match
In 2000, the estimated average employer match for an employee in TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is approximately $2,006.00
Investing in this additonal $2,006.00 for 20 years would give you extra $128,391.00, assuming a 10% annual return.
Investing in this additonal $2,006.00 for 20 years would give you extra $128,391.00, assuming a 10% annual return.
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Total Employer Contribution and Match Rate
In 2000, TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES allocates $1,851,639.00 to match its employees' contributions, providing an employer match rate of 54.01% of their contributions
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2000, the total retirement plan asset growth rate of TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is -1.66%.
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2000, the estimated aggregate retirement account investment gain/loss for TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is 1.94%. This measures the effectiveness of the plan participants' investments in the year.
TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES Expense Ratio
In 2000, the investment and administrative expense ratio of TEXAS-NEW MEXICO POWER COMPANY THRIFT PLAN FOR EMPLOYEES is 0.00%.
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