Retirement plan

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

Name: XCEL ENERGY INC. - XCEL ENERGY INC. NON-BARGAINING PENSION PLAN (SOUTH) (2017) Form 5500
Creator: XCEL ENERGY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, XCEL ENERGY INC. NON-BARGAINING PENSION PLAN (SOUTH), XCEL ENERGY INC.

XCEL ENERGY INC.EIN 41-0448030Plan #007PY 2017

414 NICOLLET MALL, 401-5 - MINNEAPOLIS, MN 554011993612-330-5500xcelenergy.comLinkedIn10001+ employeesutilities

Other plans on this EIN

7 filings

#003Retirement-$2.46B assets #001Retirement-$1.68B assets #008Retirement-$935.1M assets #005Retirement-$478.8M assets #009Retirement-$364.0M assets #012Retirement-$166.2M assets #006Retirement-$123.5M assets

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$255.9M

-3.2% from 2017

Total participants

1,668

+4.4% from 2017

Average account balance

No prior year

Annual return

13.41%

-16.59 pp from 2017

Benchmarks

See 51 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort51 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$184.13M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$113K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

732

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 19 by compensation

Provider	Service type	Compensation
WILLIS TOWERS WATSON US LLC3+ years Filed as: TOWERS WATSON DELAWARE INC Service code 11 · EIN 53-0181291	Actuarial	$350,796
GOLDMAN SACHS3+ years Filed as: GOLDMAN SACHS ASSET MGT LP Service code 28 · EIN 13-3575636	Investment Management	$189,048
MORGAN STANLEY SMITH BARNEY3+ years Filed as: J.P. MORGAN PRIVATE EQUITY Service code 24 · EIN 13-3200244	Discretionary Trustee	$112,184
MARATHON ASSET MANAGEMENT3+ years Service code 28 · EIN 22-3321401	Investment Management	$96,694
THE TOWNSEND GROUP3+ years Service code 28 · EIN 45-3073569	Investment Management	$55,761
BLACKROCK3+ years Filed as: BLACKROCK INSTN'L TRUST CO., N.A. Service code 21 · EIN 94-3112180	Bank Trustee	$44,229
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO BANK N.A. Service code 19 · EIN 94-1347393	Securities Custodian	$36,776
DELOITTE & TOUCHE LLP3+ years Service code 10 · EIN 13-3891517	Accounting	$33,546
INVESTEC ASSET MANAGEMENT3+ years Service code 28 · EIN 27-3203031	Investment Management	$33,038
SHENKMAN CAPITAL MANAGEMENT3+ years Filed as: SHENKMAN CAPITAL MANAGEMENT INC Service code 28 461 FIFTH AVENUE · NEW YORK, NY 10017	Investment Management	$24,058

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1C1A3H3F

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$2.1M

$1921 / participant

Investment mgmt$652K31.7%
Other / not subdivided$1M68.3%

% of EOY assets

0.803%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DELOITTE & TOUCHE LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,655,338-100.0%

Participation rate

0.0%

0.0%0pp

7.4%-7.4pp

0.0%0pp

Annual return

13.41%

19.60%-6.2pp

11.12%+2.3pp

17.84%-4.4pp

Employer contribution / active EE

$10,488

$16,438-36.2%

$22,651-53.7%

$14,688-28.6%

Participant deferral / active EE

$424-100.0%

$198-100.0%

$770-100.0%

Admin fee / account holder

$57,986-100.0%

Provider

Service type

Compensation

WILLIS TOWERS WATSON US LLC3+ years

Filed as: TOWERS WATSON DELAWARE INC

Service code 11 · EIN 53-0181291

Actuarial

$350,796

GOLDMAN SACHS3+ years

Filed as: GOLDMAN SACHS ASSET MGT LP

Service code 28 · EIN 13-3575636

Investment Management

$189,048

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: J.P. MORGAN PRIVATE EQUITY

Service code 24 · EIN 13-3200244

Discretionary Trustee

$112,184

MARATHON ASSET MANAGEMENT3+ years

Service code 28 · EIN 22-3321401

Investment Management

$96,694

THE TOWNSEND GROUP3+ years

Service code 28 · EIN 45-3073569

Investment Management

$55,761

BLACKROCK3+ years

Filed as: BLACKROCK INSTN'L TRUST CO., N.A.

Service code 21 · EIN 94-3112180

Bank Trustee

$44,229

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO BANK N.A.

Service code 19 · EIN 94-1347393

Securities Custodian

$36,776

DELOITTE & TOUCHE LLP3+ years

Service code 10 · EIN 13-3891517

Accounting

$33,546

INVESTEC ASSET MANAGEMENT3+ years

Service code 28 · EIN 27-3203031

Investment Management

$33,038

SHENKMAN CAPITAL MANAGEMENT3+ years

Filed as: SHENKMAN CAPITAL MANAGEMENT INC

Service code 28

461 FIFTH AVENUE · NEW YORK, NY 10017

Investment Management

$24,058

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion