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  2. XCEL ENERGY INC.
Sponsor portfolio

XCEL ENERGY INC.

EIN 41-0448030-utilities-Latest filing 2024
Plans
9
Retirement
8
$6.69B assets
Welfare
1
$24.8M premiums
Participants
57,936
414 NICOLLET MALL, 401-5 - MINNEAPOLIS, MN 55401612-330-5500xcelenergy.comLinkedIn10001+ employeesutilities
Plans on this EIN
9 filings
#003ESOP-$3.09B - 14,129 part#001CashBalance-$1.24B - 11,750 part#008CashBalance-$860.3M - 6,472 part#005ESOP-$585.5M - 2,401 part#009CashBalance-$342.7M - 2,215 part#012ESOP-$201.9M - 542 part#007CashBalance-$184.1M - 1,627 part#006ESOP-$176.8M - 1,190 part#550Mixed-$24.8M - 29,129 lives

Retirement portfolio analytics

8 plans aggregated / $6.69B assets / 40,326 participants

Assets by plan

Share of aggregate retirement assets

46%top
  • ENERGY 401(K) Savings (#003)46%
  • FOR BARGAINING EMPLOYEES (#001)19%
  • NON-BARGAINING UNIT EES (#008)13%
  • NON-BARGAINING UNIT EMPLOYEE (#005)9%
  • NON-BARGAINING UNIT EMPLOYEES (#009)5%
  • +3 more
Total $6.69BClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
61%top
  • THE VANGUARD GROUP, INC.61%
  • (Not disclosed)39%
Total $6.69BClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • ENERGY 401(K) Savings (#003)14,129
  • FOR BARGAINING EMPLOYEES (#001)11,750
  • NON-BARGAINING UNIT EES (#008)6,472
  • NON-BARGAINING UNIT EMPLOYEE (#005)2,401
  • NON-BARGAINING UNIT EMPLOYEES (#009)2,215
  • PENSION PLAN (SOUTH) (#007)1,627
  • +2 more
Total 40,326Click row to drill in

Benefits portfolio analytics

1 plan / $24.8M premiums / 29,129 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$17.5M
  • Other$17.5M
  • Long-term disability$7.3M
Total $24.8M3 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
70%top
  • METROPOLITAN LIFE INSURANCE COMPANY70%
  • HARTFORD LIFE AND ACCIDENT30%
  • ENERGY INSURANCE SERVICES0%
Total $24.8M3 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • WILLIS TOWERS WATSON US LLC100%
Total $689K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#003

XCEL ENERGY 401(K) SAVINGS PLAN

ESOP

Assets$3.09B
Participants14,129
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001

XCEL ENERGY PENSION PLAN AND XCEL ENERGY PENSION PLAN FOR BARGAINING EMPLOYEES

CashBalance

Assets$1.24B
Participants11,750
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#008

NEW CENTURY ENERGIES, INC. RETIREMENT PLAN FOR PUBLIC SERVICE COMPANY OF COLORADO BARGAINING UNIT EES AND FORMER NON-BARGAINING UNIT EES

CashBalance

Assets$860.3M
Participants6,472
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#005

NEW CENTURY ENERGIES, INC. EMPLOYEES' SAVINGS AND STOCK OWNERSHIP PLAN FOR BARGAINING UNIT EMPLOYEES AND FORMER NON-BARGAINING UNIT EMPLOYEE

ESOP

Assets$585.5M
Participants2,401
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#009

NEW CENTURY ENERGIES, INC. RETIREMENT PLAN FOR SOUTHWESTERN PUBLIC SERVICE CO. BARGAINING UNIT EE AND FORMER NON-BARGAINING UNIT EMPLOYEES

CashBalance

Assets$342.7M
Participants2,215
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#012

NUCLEAR MANAGEMENT COMPANY, LLC NMC SAVINGS AND RETIREMENT PLAN

ESOP

Assets$201.9M
Participants542
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#007

XCEL ENERGY INC. NON-BARGAINING PENSION PLAN (SOUTH)

CashBalance

Assets$184.1M
Participants1,627
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#006

NEW CENTURY ENERGIES, INC. EMPLOYEE INVESTMENT PLAN FOR BARGAINING UNIT EMPLOYEES AND FORMER NON-BARGAINING UNIT EMPLOYEES

ESOP

Assets$176.8M
Participants1,190
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#550

XCEL ENERGY INC. EMPLOYEE WELFARE BENEFIT PLAN

Mixed - METROPOLITAN LIFE INSURANCE COMPANY

Premiums$24.8M
Covered lives29,129
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans8

Plan #NameTypeAssetsParticipantsLatest year
003XCEL ENERGY 401(K) SAVINGS PLANESOP$3.09B14,1292024
001XCEL ENERGY PENSION PLAN AND XCEL ENERGY PENSION PLAN FOR BARGAINING EMPLOYEESCashBalance$1.24B11,7502024
008NEW CENTURY ENERGIES, INC. RETIREMENT PLAN FOR PUBLIC SERVICE COMPANY OF COLORADO BARGAINING UNIT EES AND FORMER NON-BARGAINING UNIT EESCashBalance$860.3M6,4722024
005NEW CENTURY ENERGIES, INC. EMPLOYEES' SAVINGS AND STOCK OWNERSHIP PLAN FOR BARGAINING UNIT EMPLOYEES AND FORMER NON-BARGAINING UNIT EMPLOYEEESOP$585.5M2,4012024
009NEW CENTURY ENERGIES, INC. RETIREMENT PLAN FOR SOUTHWESTERN PUBLIC SERVICE CO. BARGAINING UNIT EE AND FORMER NON-BARGAINING UNIT EMPLOYEESCashBalance$342.7M2,2152024
012NUCLEAR MANAGEMENT COMPANY, LLC NMC SAVINGS AND RETIREMENT PLANESOP$201.9M5422024
007XCEL ENERGY INC. NON-BARGAINING PENSION PLAN (SOUTH)CashBalance$184.1M1,6272024
006NEW CENTURY ENERGIES, INC. EMPLOYEE INVESTMENT PLAN FOR BARGAINING UNIT EMPLOYEES AND FORMER NON-BARGAINING UNIT EMPLOYEESESOP$176.8M1,1902024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
550XCEL ENERGY INC. EMPLOYEE WELFARE BENEFIT PLANMixedMETROPOLITAN LIFE INSURANCE COMPANY$24.8M29,1292024
Retirement plans
Welfare plans
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