Defined Benefit (Pension) · DOL Form 5500 · 2024
Xcel Energy Inc. Pension Plan
Data updated 2026-08-25
- $184M
- Total assets Near avg plan size
- 903
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $203,911
- Avg per participant Above avg balance/head
Official DOL plan name: Xcel Energy Inc. Non-Bargaining Pension Plan (South) · Sponsored by Xcel Energy Inc. · Minnesota · Utilities
$184M in assets, 903 participants
Xcel Energy Inc.'s Xcel Energy Inc. Non-Bargaining Pension Plan (South) reported $184M in total assets and 903 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #503 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Xcel Energy Inc. Non-Bargaining Pension Plan (South) ranks #503 of 732 2024 filers by assets (292% of the sector average)-$184M for 903 participants.
- #503
- in Utilities (732 peers)
- -5.2%
- assets change YoY
- 1.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Xcel Energy Inc. Non-Bargaining Pension Plan (South)'s outsized position by total assets
Xcel Energy Inc. Non-Bargaining Pension Plan (South) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$184,131,806 Top 6% higher than 94% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Xcel Energy Inc. Non-Bargaining Pension Plan (South) among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Xcel Energy Inc. Non-Bargaining Pension Plan (South) sits mid-pack in the medium band (903 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Xcel Energy Inc. Non-Bargaining Pension Plan (South) reported net income fell from -$244K in the plan year 2023 filing to -$11M in the plan year 2024 filing.
- Xcel Energy Inc. Non-Bargaining Pension Plan (South) end-of-year assets fell from $194M in the plan year 2023 filing to $184M in the plan year 2024 filing.
- Xcel Energy Inc. Non-Bargaining Pension Plan (South) reported participants fell from 933 in the plan year 2023 filing to 903 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 410448030 · Xcel Energy Inc. PY 2024 · Defined Benefit (Pension)
Xcel Energy Inc. Non-Bargaining Pension Plan (South) · $184M · 903 · 94th
- VS-ST $184M
- VS-ST 903
- VS-ST 94th
- VS-ST Defined Benefit (Pension)
- VS-ST near Dla Piper LLP (US) Cash Balance Plan for Partners
- VS-ST ind #503
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 →
Xcel Energy Inc. Non-Bargaining Pension Plan (South) in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $194M |
|---|---|
| Net Assets (End of Year) | $184M |
| Net Income | -$11M |
| Employer EIN | 410448030 |
| Plan Effective Date | 1998-07-01 |
| 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.
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Xcel Energy Inc. Non-Bargaining Pension Plan (South)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Dla Piper LLP (US) Cash Balance Plan for Partners in MD ($184M); by covered participants it is General Retirement Plan for Employees of Carpenter Technology Corporation in PA (903 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($184M here).
- Dla Piper LLP (US) Cash Balance Plan for Partners (MD) $184M · 622
- Summa Health Retirement Income Plan and Trust (OH) $184M · 1,418
- Plumbers & Pipefitters Local Union No. 74 Pension Fund (PA) $184M · 491
- Kloeckner Metals Defined Benefit Plan (GA) $184M · 415
Similar participant headcount
Nearest other-state filings by covered participants (903 participants); asset peers above are excluded.
- General Retirement Plan for Employees of Carpenter Technology Corporation (PA) 903 · 0 off
- Morgan, Lewis & Bockius LLP Cash Balance Plan (PA) 903 · 0 off
- Zoological Society of San Diego Restated Pension Plan for Union Employees (CA) 904 · 1 off
- Pixelle Specialty Solutions LLC Retirement Plan (PA) 901 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.