2023 Form 5500 filing — Xcel Energy Pension Plan And Xcel Energy Pension Plan For Bargaining Employees
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 20241015034812NAL0014083443001) for Xcel Energy Pension Plan And Xcel Energy Pension Plan For Bargaining Employees, reported by Xcel Energy Inc. under EIN 41-0448030 and plan number 001. It reports 11,688 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015034812NAL0014083443001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Xcel Energy Inc.
- EIN
- 41-0448030
- Plan number
- 001
- Location
- Minneapolis, MN
- Participants
- 11,688
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,315,629,787
- Total liabilities (EOY)
- $1,779,183
- Net assets (EOY)
- $1,313,850,604
- Employer contributions
- $90,000,000
- Total income / additions
- $211,219,987
- Benefits paid
- $164,815,645
- Administrative expenses
- $9,657,114
- Total expenses
- $174,472,759
- Net increase / (decrease)
- $36,747,228
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson | NONE | $1,785,198 | not reported in the loaded dataset |
| Townsend Great Lakes & Plains, LLC | NONE | $960,841 | $0 |
| Goldman Sachs Asset Mgt Lp | NONE | $836,505 | not reported in the loaded dataset |
| Mfs Heritage Trust Company | NONE | $338,929 | not reported in the loaded dataset |
| Wellington Trust Company, N.A. | NONE | $0 | $274,069 |
| Jp Morgan Chase Bank, N.A. | NONE | $254,640 | $0 |
| Principal Trust Company | NONE | $199,589 | $0 |
| Blackrock Financial Management | NONE | $187,041 | not reported in the loaded dataset |
| Prudential Trust Company | NONE | $186,186 | not reported in the loaded dataset |
| Jennison Associates LLC | NONE | $168,029 | $0 |
| Stepstone Capital Partners | NONE | $138,907 | not reported in the loaded dataset |
| Eaton Vance Management | NONE | $135,341 | not reported in the loaded dataset |
| Lgim America Inc | NONE | $112,776 | not reported in the loaded dataset |
| Boston Partners Trust Company | NONE | $0 | $111,029 |
| Crescent Private Credit Partners | NONE | $80,144 | not reported in the loaded dataset |
| Blackrock Institutional Tr Co., N.A | NONE | $0 | $79,220 |
| Marathon Asset Management | NONE | $53,275 | $0 |
| Deloitte Tax Llp | NONE | $39,509 | not reported in the loaded dataset |
| Deloitte & Touche Llp | NONE | $25,882 | not reported in the loaded dataset |
| Allspring Funds | NONE | -$55,417 | $0 |