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Company:
Xcel Energy Inc
Plan:
Xcel Energy 401K Savings Plan
 

Xcel Energy Inc

80 Plan:

 
 
80
40
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?]
9 additional years of work
Up to $24,300 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 11,500 active participants and over $1.8B in plan assets.


 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Institutional Index 15%
2. Xcel Energy, Inc. Common Stock 13%
3. Vanguard Mid Capitalization Index 9%

 Retirement Plan Details

Address 414 Nicollet Mall
Minneapolis, MN 55401 
Industry Utilities
Administrator Jill H. Reed
Net Plan Assets $1,800,000,000
Total Participants 12,000
Avg Account Balance $170,000

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor Deloitte & Touche, LLP