Defined Benefit (Pension) · DOL Form 5500 · 2022

Xcel Energy Inc Pension Plan

Data updated 2026-08-11

$909M
Total assets
1,935
Participants
99th
Percentile by assets
$469,830
Avg per participant
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Official DOL plan name: New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees · Sponsored by Xcel Energy Inc · Minnesota · Utilities

$909M in assets, 1,935 participants

Xcel Energy Inc's New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees reported $909M in total assets and 1,935 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #656 in Utilities (738 peers)

Where New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees sits by assets

New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees sits among the largest 1% of all filed plans, $909M for 1,935 participants (~$469,830/participant), down 25.4% in 2022.

$909M
total plan assets (2022 EOY)
1,935
covered participants
99th
percentile by assets (of 139,126 plans)
$469,830
avg assets per participant

The plan reported a net loss of $309M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees vs the 2022 asset distribution

By assets, New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 9.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$908M
Net Income-$309M
Employer EIN410448030
Plan Effective Date1952-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Xcel Energy Inc)

$6.2B$6.4B$6.6B$6.8B 202220232024 $6.26B $6.69B ▲ +6.9%
Total plan assets by year, all Xcel Energy Inc plans on file
Year Plans Participants Total Assets
2022 8 22,725 $6.3B
2023 8 23,520 $6.6B
2024 8 23,238 $6.7B

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants New Century Energies…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…U.S. Bank Pension PlanTarget Corporation P…
New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees by total assets, not by location.

Frequently Asked Questions

How did New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees assets move in 2022?
New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees declined sharply - down 25.4% during 2022, from $1.2B to $909M. Reported net income was -$309M.
How have Xcel Energy Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Xcel Energy Inc's sponsor-wide assets grew 6.8%, from $6.3B to $6.7B.
Where does New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees rank by assets among Form 5500 filers?
New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Honeywell Retirement Earnings Plan for Aerospace Employees of Honeywell Federal Manufacturing & Technologies, LLC in NC ($909M, 1,001 participants).

Next read for New Century Energies Inc Retirement Plan…

Scale reading

Ways to act on New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees's numbers.

  • By total assets, New Century Energies Inc Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Xcel Energy Inc's sponsor-wide assets have grown 6.8% since 2022 across 3 plan years on file. More Utilities plans