Defined Benefit (Pension) · DOL Form 5500 · 2023
Xcel Energy Inc. Pension Plan
Data updated 2026-08-25
- $362M
- Total assets Above avg plan size
- 848
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $426,436
- Avg per participant High balance/head
Official DOL plan name: New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees · Sponsored by Xcel Energy Inc. · Minnesota · Utilities
$362M in assets, 848 participants
Xcel Energy Inc.'s New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees reported $362M in total assets and 848 participants in its 2023 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.
- #566 in Utilities (721 peers)
Where New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees sits by assets
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees sits in the top 5% of all filed plans by assets, $362M for 848 participants (~$426,436/participant), up 2.4% in 2023.
- #566
- in Utilities (721 peers)
- +2.4%
- assets growth YoY
- 3.6×
- vs typical plan assets (national mean)
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees's outsized position by total assets
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$361,617,501 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees sits mid-pack in the medium band (848 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees reported net income rose from -$117M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees end-of-year assets rose from $353M in the plan year 2022 filing to $362M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 410448030 · Xcel Energy Inc. PY 2023 · Defined Benefit (Pension)
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees · $362M · 848 · 97th
- 5500 $362M
- 5500 848
- 5500 97th
- 5500 Defined Benefit (Pension)
- 5500 near Hawaii Electricians Pension Plan
- 5500 ind #566
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Minnesota →
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $353M |
|---|---|
| Net Assets (End of Year) | $361M |
| Net Income | $8M |
| Employer EIN | 410448030 |
| Plan Effective Date | 1943-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Xcel Energy Inc.)
Sponsor-wide plan assets over time
All Xcel Energy Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.7B 6.830659372847735% vs 2022
- 2024 filing year
| 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.
- 3M Employee Retirement Income Plan $14.3B · 10,638
- Mayo Pension Plan $11.0B · 69,155
- The Travelers Pension Plan $4.2B · 24,884
- General Mills Pension Plan I $4.0B · 383
- U.S. Bank Pension Plan $4.0B · 56,287
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Hawaii Electricians Pension Plan in HI ($362M); by covered participants it is Conagra Brands Inc. Jointly Administered Grain Millers Pension Plan in IL (848 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($362M here).
- Hawaii Electricians Pension Plan (HI) $362M · 1,668
- Avient Merged Pension Plan (OH) $361M · 98
- Signify North America Corporation Pension Plan (NJ) $362M · 230
- The Budd Company Employee Pension Plan (OR) $363M · 10
Similar participant headcount
Nearest other-state filings by covered participants (848 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.