2023 Form 5500 filing — New Century Energies, Inc. Employees' Savings And Stock Ownership Plan For Bargaining Unit Employees And Former Non-Bargaining Unit Employee

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240625044945NAL0007491329001) for New Century Energies, Inc. Employees' Savings And Stock Ownership Plan For Bargaining Unit Employees And Former Non-Bargaining Unit Employee, reported by Xcel Energy Inc under EIN 41-0448030 and plan number 005. It reports 2,285 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$537.9MReported net assets$537,922,861
Participants2.3K2,285
Provider compensation$501.6K2 Schedule C row(s)$501,615
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240625044945NAL0007491329001
Plan sponsor
Xcel Energy Inc
EIN
41-0448030
Plan number
005
Location
Minneapolis, MN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$537.9M total assets
Net assets$537.9MLiabilities$0
Money in vs. money out
Total income / additions$102.6M
Total expenses$58.3M
Benefits paid / distributions$57.8M
Contributions
Employer$11.1M
Participant$23.4M
Full reported line items
Total assets (EOY)
$537,922,861
Total liabilities (EOY)
$0
Net assets (EOY)
$537,922,861
Employer contributions
$11,076,375
Participant contributions
$23,409,474
Total income / additions
$102,558,098
Benefits paid
$57,807,594
Administrative expenses
$501,615
Total expenses
$58,340,302
Net increase / (decrease)
$44,217,796

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Vanguard Advisers Inc.NONE$416,737not reported in the loaded dataset
Vanguard Group Inc.NONE$84,878$0

Related Form 5500 pages