Employers › Xcel Energy › plan 005
Recordkeeping fees per participant · New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-bargaining Unit Employee · plan year 2024
$34.14
Higher than 30% of the 1,697 plans $250M to 1B that report it.
= $77,151 / 2,260
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250703100709NAL0000155747001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703100709NAL0000155747001, received 2025-07-03
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-03.
Administrative expenses excluding investment management, per participant
$34.14
Higher than 19% of the 2,324 plans $250M to 1B that report it.
= $77,151 / 2,260
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250703100709NAL0000155747001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703100709NAL0000155747001, received 2025-07-03
Administrative expenses per participant
$249.42
Higher than 94% of the 2,405 plans $250M to 1B that report it.
= $563,678 / 2,260
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250703100709NAL0000155747001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703100709NAL0000155747001, received 2025-07-03
Administrative expenses as a share of assets
0.096%
Higher than 64% of the 2,407 plans $250M to 1B that report it.
= $563,678 / $585,494,895
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250703100709NAL0000155747001, received 2025-07-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250703100709NAL0000155747001, received 2025-07-03
Employer contributions per participant
$5,338
Higher than 76% of the 2,457 plans $250M to 1B that report it.
= $12,063,809 / 2,260
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250703100709NAL0000155747001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703100709NAL0000155747001, received 2025-07-03
Employer share of total contributions
31.6%
Higher than 51% of the 2,459 plans $250M to 1B that report it.
= $12,063,809 / $38,176,883
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250703100709NAL0000155747001, received 2025-07-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250703100709NAL0000155747001, received 2025-07-03
7.6% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($249.42 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250703100709NAL0000155747001, received 2025-07-03
| Field | Value | Source |
|---|---|---|
| Plan sponsor | XCEL ENERGY INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Plan name | NEW CENTURY ENERGIES, INC. EMPLOYEES' SAVINGS AND STOCK OWNERSHIP PLAN FOR BARGAINING UNIT EMPLOYEES AND FORMER NON-BARGAINING UNIT EMPLOYEE | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Sponsor EIN / plan number | 41-0448030 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Sponsor location | MINNEAPOLIS, MN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Industry (business code) | 221500, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Filing received | 2025-07-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Participants, beginning of year | 2,465 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Active participants | 1,867 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Participants, end of year | 2,401 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Participants with an account balance | 2,260 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Total assets, beginning of year | $537,922,861 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Total assets, end of year | $585,494,895 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Net assets, end of year | $585,494,895 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Total income | $103,078,211 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Net income | $47,572,034 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Employer contributions | $12,063,809 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Participant contributions | $25,135,175 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Other contributions (incl. rollovers) | $977,899 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Total contributions | $38,176,883 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Benefit payments | $54,940,572 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Total expenses (incl. benefit payments) | $55,506,177 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Total administrative expenses | $563,678 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Recordkeeping fees | $77,151 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Investment advisory and management fees | $486,527 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Administrative expenses excluding investment management | $77,151 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Held in master trusts | $44,706,192 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Held in common/collective trusts | $283,109,918 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Held in mutual funds | $207,122,191 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250703100709NAL0000155747001, received 2025-07-03 |
| Independent auditor | DELOITTE & TOUCHE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250703100709NAL0000155747001, received 2025-07-03 |
Position = column in the DOL layout for form year 2024. Filing 20250703100709NAL0000155747001, received 2025-07-03.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | 26 Investment advisory (participants) | $486,527 | no |
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 25 Trustee (directed); 52 Investment management fees paid indirectly by plan | $77,151 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250703100709NAL0000155747001, received 2025-07-03.
XCEL ENERGY INC. MASTER TRUST (EIN 410448030, PN 013): plan interest $44,706,192, 16.1% of the trust. The trust's own filing (20250703100336NAL0000622929001, received 2025-07-03) reports net assets $278,281,843, administrative expenses $0, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $537,922,861 | $585,494,895 | 8.8% |
| Participants with a balance | 2,306 | 2,260 | -2.0% |
| Administrative expenses | $501,615 | $563,678 | 12.4% |
| Recordkeeping fees per participant | $36.81 | $34.14 | -7.3% |
| Employer contributions | $11,076,375 | $12,063,809 | 8.9% |
Prior filing 20240625044945NAL0007491329001, received 2024-06-25; the plan years are contiguous.