Plan5500

New Century Energies, Inc Employee Investment Plan For Bargaining Unit Employees And Former Non-Bargaining Unit Employees — 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, New Century Energies, Inc Employee Investment Plan For Bargaining Unit Employees And Former Non-Bargaining Unit Employees is a benefit plan reported by Xcel Energy Inc under EIN 41-0448030 and plan number 006. The latest loaded filing year is 2023. The filing reports 1,056 participants and $159,245,842 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$159.2MPlan net assets, end of year$159,245,842
Participants1.1KCovered participants reported1,056
Assets / participant$150.8KComputed: assets ÷ participants$150,801 (computed)
Provider compensation$202K2 Schedule C provider row(s)$202,034
Plan sponsor
Xcel Energy Inc
EIN
41-0448030
Plan number
006
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,056H, C20240625044837NAL0007490161001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$159.2M total assets
Net assets$159.2MLiabilities$0
Money in vs. money out
Total income / additions$24.8M
Total expenses$11.7M
Benefits paid / distributions$11.5M
Contributions
Employer$2.4M
Participant$6.7M
Full reported line items

Net assets

Total assets (EOY)
$159,245,842
Total liabilities (EOY)
$0
Net assets (EOY)
$159,245,842
Net assets (BOY)
$146,196,605

Income & contributions

Employer contributions
$2,364,810
Participant contributions
$6,668,754
Total contributions
$9,039,729
Total income / additions
$24,778,191

Expenses & distributions

Benefits paid
$11,526,920
Administrative expenses
$202,034
Total expenses
$11,728,954
Net increase / (decrease)
$13,049,237
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income47%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Vanguard Advisers Inc.NONE$155,746not reported in the loaded dataset2023
Vanguard Group Inc.NONE$46,288$02023

Related Form 5500 pages