Defined Benefit (Pension) · DOL Form 5500 · 2022
Xcel Energy Inc Pension Plan
Data updated 2026-08-11
- $353M
- Total assets
- 851
- Participants
- 97th
- Percentile by assets
- $415,016
- Avg per participant
Official DOL plan name: New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees · Sponsored by Xcel Energy Inc · Minnesota · Utilities
$353M in assets, 851 participants
Xcel Energy Inc's New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees reported $353M in total assets and 851 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #590 in Utilities (738 peers)
Where New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees sits by assets
New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees sits in the top 5% of all filed plans by assets, $353M for 851 participants (~$415,016/participant), down 24.8% in 2022.
- $353M
- total plan assets (2022 EOY)
- 851
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $415,016
- avg assets per participant
The plan reported a net loss of $117M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees vs the 2022 asset distribution
By assets, New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $470M |
|---|---|
| Net Assets (End of Year) | $353M |
| Net Income | -$117M |
| Employer EIN | 410448030 |
| Plan Effective Date | 1943-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Xcel Energy Inc)
| 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 Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees by total assets, not by location.
- Essential Utilities, Inc. Pension Plan (PA) $353M · 701
- Timkensteel Corporation Bargaining Unit Pension Plan (OH) $354M · 1,384
- Lexmark Retirement Growth Account Plan (KY) $352M · 671
- The Hospital for Special Surgery Retirement Plan (NY) $352M · 1,247
Frequently Asked Questions
How did New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees assets move in 2022? ▼
How have Xcel Energy Inc plan assets changed over time? ▼
Where does New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees? ▼
Next read for New Century Energies Inc Retirement Plan…
Scale reading
Ways to act on New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees's numbers.
- By total assets, New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees ranks in the top 5% of all filed plans by assets. 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