Defined Benefit (Pension) · DOL Form 5500 · 2023

Xcel Energy Inc. Pension Plan

Data updated 2026-08-11

$919M
Total assets
1,946
Participants
98th
Percentile by assets
$472,184
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

$919M in assets, 1,946 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 $919M in total assets and 1,946 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #637 in Utilities (721 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 in the top 5% of all filed plans by assets, $919M for 1,946 participants (~$472,184/participant), up 1.1% in 2023.

$919M
total plan assets (2023 EOY)
1,946
covered participants
98th
percentile by assets (of 127,072 plans)
$472,184
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees reported net income rose from -$309M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • New Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees end-of-year assets rose from $909M in the plan year 2022 filing to $919M in the plan year 2023 filing.
  • New Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees reported participants rose from 1,935 in the plan year 2022 filing to 1,946 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Utilities

New Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees vs the 2023 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 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 9.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$909M
Net Assets (End of Year)$918M
Net Income$9M
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…General Mills Pensio…U.S. Bank Pension Plan
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
Compare New Century Energies, Inc. Retirement Pl… side-by-side with 3 peers →

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 2023? ▼
New Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees edged up modestly - up 1.1% during 2023, from $909M to $919M. Reported net income was $9M.
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 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
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 ($918M, 907 participants).

Next read for New Century Energies, Inc. Retirement Pl…

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 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410448030.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.