Defined Benefit (Pension) · DOL Form 5500 · 2023
Xcel Energy Inc. Pension Plan
Data updated 2026-08-11
- $362M
- Total assets
- 848
- Participants
- 97th
- Percentile by assets
- $426,436
- Avg per participant
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.
- 97th percentile by assets (of 127,072 plans)
- #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.
- $362M
- total plan assets (2023 EOY)
- 848
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $426,436
- avg assets per participant
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.
New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees vs the 2023 asset distribution
By assets, New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.6x the national average plan size of $100M (721 average participants).
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.)
| 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 Ee and Former Non-Bargaining Unit Employees vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 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
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 Ee and Former Non-Bargaining Unit Employees by total assets, not by location.
- 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
Frequently Asked Questions
How did New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees assets move in 2023? ▼
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 Ee 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 Ee and Former Non-Bargaining Unit Employees? ▼
Next read for New Century Energies, Inc. Retirement Pl…
Scale reading
Ways to act on New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees's numbers.
- By total assets, New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee 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