# Xcel Energy INC. DB Plan
Source: https://planprovider.pro/companies/xcel-energy-inc-plan-001

> Xcel Energy INC.'s DB plan: 7,305 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Xcel Energy INC.

- **Sponsor EIN:** 410448030

- **Sponsor Address:** 414 NICOLLET MALL, 401-5, MINNEAPOLIS, MN, 55401

- **Plan Type:** DB

- **Total Participants:** 7,305

- **Total Assets:** $1.2B

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|7,305|$1.2B|$115.0M|$0|

| 2023|7,317|$1.3B|$90.0M|$0|

| 2022|7,262|$1.3B|$50.0M|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| DELOITTE & TOUCHE LLP|Auditor|$34,500|—|$34,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DELOITTE & TOUCHE LLP](https://planprovider.pro/provider/deloitte-and-touche-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $34,500

- **Estimated Expense Ratio:** 0.003% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$5,079,961|$2,897,645|—|$34,500|—|

| 2023|$9,657,114|$3,598,154|—|$25,882|—|

| 2022|$5,945,069|$3,043,286|—|—|$1,738,798|

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