Xcel Energy, Inc.
80
Plan:
43
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (80) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $100,900 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Xcel Energy 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Xcel Energy 401k Savings Plan currently has over 11,400 active participants and over $1.4B in plan assets.
Retirement Plan Details
| Address |
414 Nicollet Mall
Minneapolis, MN 55401-1927 |
| Industry | Utilities |
| Administrator | Jill Reed |
| Net Plan Assets | $1,380,000,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $120,000 |
Compare Other Companies in Peer Group
| Progress Energy | 83.2 |
| National Grid USA | 82.7 |
| PacifiCorp | 81.5 |
| Ameren | 79.8 |
| CenterPoint Energy | 78.8 |
| Constellation Energy Group | 78.1 |
Comments