Xcel Energy 401(K) Savings Plan — Form 5500 plan (Xcel Energy Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Xcel Energy 401(K) Savings Plan is a benefit plan reported by Xcel Energy Inc under EIN 41-0448030 and plan number 003. The latest loaded filing year is 2023. The filing reports 13,450 participants and $2,948,298,914 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Xcel Energy Inc
EIN
41-0448030
Plan number
003
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023
Participants
13,450
End-of-year plan assets
$2,948,298,914

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202313,450H, C20240625045550NAL0007496065001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,948,298,914
Total liabilities (EOY)
$0
Net assets (EOY)
$2,948,298,914
Net assets (BOY)
$2,708,407,286

Income & contributions

Employer contributions
$33,576,229
Participant contributions
$107,027,266
Total contributions
$162,274,122
Total income / additions
$533,791,671

Expenses & distributions

Benefits paid
$292,199,586
Administrative expenses
$1,751,600
Total expenses
$293,936,268
Net increase / (decrease)
$239,855,403

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Vanguard Advisers Inc.NONE$1,233,278not reported in the loaded dataset2023
Vanguard Group Inc.NONE$518,322$02023

Related Form 5500 pages