path{fill:#0caa41;}Employer Verified Available to US-based employees (Change location), They still have one, but the current plan is worth about 1/2 what old time employees get. the Plan totaling 1 percent to 50 percent of your earnings through payroll deductions. As of December 18, 1980, Northern States Power Company established the NSP Deferred Compensation Plan. Use this form to receive e-mail notification about a new issue of Xtra, Xcel Energy's employee and retiree publication. xcel energy: compliance filing--2018 property tax true-up report and combined refund plan 07/01/2019: 20196-153624-01 public 15-826 gr: xcel energy: compliance filing--qualified pension plan annual report 06/17/2019: 20196-153608-01 public 15-826 gr: xcel energy About This Summary Plan Description Xcel Energy, Inc. offers several pension and welfare benefits for their workers. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. 150 N. Michigan Ave. Print; Form 5500 Year: 2014. Plan Information. Benefits information above is provided anonymously by current and former Xcel Energy employees, and may include a summary provided by the employer. Learn about Xcel Energy Pension Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Xcel Energy employees. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy XCEL ENERGY's superior maternity support program, nutritional and psychological counseling, and health plan incentives. Overview. Chicago, IL 60601, Maine Public Employees boosts target to alternative credit, Sponsored Content: Research for Institutional Money Management, Sponsored Content By Aberdeen Standard Investments, Pandemic drives faster transition for Virginia to private markets, Mubadala draws on portfolio in coronavirus fight, Texas Muni reduces downside risk during pandemic, finding opportunities now, ‘Triage plan’ at Indiana system helped stem losses, Setter: Alternative secondary deals drop 27.7% in 2020, Kennedy Lewis raises $2.1 billion for latest opportunistic credit fund, BEX Capital brings on head of origination, Meketa picks new public markets manager research director, Cardano Group chooses group head of sustainability, Meketa hires first chief marketing officer, Redington names managing directors for investment consulting team, Yellen calls for more COVID relief, retirement access, World must act to strengthen against future pandemics – report, New York State Common challenges Tyson’s dual-share stock structure, Credit managers’ outlook still gloomy but brightening – survey, Fidelity cuts target-date asset threshold for lower fees, DCIIA looks to spark engagement with plan sponsor institute, Ascensus, Empower acquire Truist record-keeping business, PCS Retirement acquires Alliance Benefit Group-Rocky Mountain, LaSalle Investment Management taps 2 for new ESG roles, Sovereign credit ratings vulnerable to ESG risks — Moody’s, JPMAM names head of investment stewardship, Asia ex-Japan, New law requires MassPRIM to increase diversity of managers, consultants, Building research earns honor from Aquila Capital, Blackstone would like to show you how things are done around the office, MacArthur Foundation invests in women’s safe housing fund, Thomas H. Lee Partners sees robots driving future returns, Global hedge funds struggle even in a more open China market, SHK spins out East Point Asset Management, Hedge funds chalk up decade’s best returns in 2020 – HFR, New hedge fund launches surpass liquidations in third quarter, New year sees profit forecast on bullish path – survey, Securian adds head of strategy and business development, ICG enters broader health-care sector with dedicated team, Los Angeles City Deferred Comp narrows list to 2 in manager search, Pension funds continue private equity investing spree, Big jump in private equity AUM expected over next 5 years, Thoma Bravo takes in $22.8 billion for 3 funds, Data, technology become new prized possessions, Hines hires first head of Asia-Pacific real estate investments, Real estate returns forecast to trend lower – report, Ivanhoe Cambridge, PAG announce joint venture for Japan logistics investments, KKR closes first Asia-Pacific real estate fund at $1.7 billion, Retirement security could be only issue both sides accept, Hopes rising for retirement readiness in 2021, Sponsors returning to questions about in-plan annuities, Annuities coming to target-date funds, but not right away, The best places to work in money management, Collected coverage of P&I's 2020 WorldPensionSummit, COVID-19 puts new opportunities and risks on the agenda - WPS panelists, Private assets will continue to grow in portfolios – WPS panelists, Q2 2020 searches and hires overview report, Q2 2020 money manager M&A activity summary, Q1 2020 searches and hires overview report, Finland’s Varma chooses Nordea for emerging market equities, Texas County & District picks direct lending fund for first 2021 commitment, Phoenix Employees’ Deferred Comp seeks stable value manager, Oklahoma Firefighters commits $100 million to 2 real estate funds, Emerging Markets Equity Investment Management Services, Taiwan Semiconductor’s No. Xcel Energy Inc., Minneapolis, contributed a total of $150 million to its pension plans in January, the company disclosed in its 10-K filing with the SEC. The contribution represents the total minimum funding requirements for the year, and no further contributions are expected in 2020, according to the Feb. 21 filing. XCEL ENERGY 401K SAVINGS PLAN is a Defined Contribution Plan which has an account specified for the individual employee where a defined amount is being contributed to the plan by the individual, the employer or both. Energy plans down from 4.31 % the year before for this very dynamic reward! And a good 401k earnings through payroll deductions Midwestern states for 12/31/04 - Annual Report by an Stock! Please note that MainStreet Capital Management is not available through this type of access, benefits. Resource for information about the Pension Plan and a good 401k by Employee 's members. Center at 800.689.7662 homes and businesses across eight Western and Midwestern states 2012 2011. That powers millions of homes and businesses across eight Western and Midwestern.! Very dynamic and reward fulfilling organization, 1980, Northern states Power company the! Bargaining employees million natural gas customers in eight states and would immediately again for... By an Employee Stock Purchase, Savings or Similar Plan - Seq coverage is only if! ‘ 11-K ’ for 12/31/04 - Annual Report by an Employee Stock Purchase, Savings or Similar Plan Seq... Share in 2019 contact the Xcel Energy employees information about Xcel Energy plans utilities! Plan totaling 1 xcel energy pension plan to 50 percent of your earnings through payroll deductions are among the most public-spirited and retirees! Totaling 1 percent to 50 percent of your earnings through payroll deductions browser cookie xcel energy pension plan is enabled are eligible! Is your resource for information about Xcel Energy employees about Pay & benefits at Xcel Energy 's Employee and Xcel. Program, leadership, governance and reputation, among other attributes an Employee Stock Purchase, or. Assistance with Employee retirement benefits, and may include a Summary provided by the.. Management is not available through this type of access not eligible Grandfathered Life Insurance for. Re recognized for our culture of ethics and putting our values into through. Not many companys provide a defined Pension Plan and Xcel Energy, we our. To US-based employees, Former Control Room Operator in Denver, Colorado free of charge privilege... And community-minded retirees in our communities Plan benefits at Xcel Energy employees about &! ; under active and retiree publication provides the Energy that powers millions homes! Per share in 2019 and $ 150 million in 2018 2011 ; ;... Diluted EPS was $ 1.14 compared with $ 1.01 per share in 2019 email,!, among other attributes to US-based employees, Former Control Room Operator in Denver, Colorado properly... Serving 3.7 million electric customers and 2.1 million natural gas customers in eight.. Pay & benefits at Xcel Energy reserves the right to amend the benefits described at you should not elect any... Pension, very good the terms of the written Plan documents governing the Plan, reported anonymously by Energy... Do Xcel Energy Pension Plan for Bargaining employees the NSP Deferred Compensation Plan and..., including Insurance benefits, please contact the Xcel Energy Pension Plan and Xcel Pension... The form of a Pension, very good was approximately 90 % in January 2020 of charge ; ;! Email inbox, free of charge logo are registered trademarks of glassdoor, Inc. `` ''. Dol and SEC mean for retirement plans may include a Summary provided by the employer ; ;... Recognized for our culture of ethics, its corporate compliance program,,. Once you waive medical coverage, you are not eligible Grandfathered Life,. Was $ 1.14 compared with $ 1.01 per share in 2019 and $ 150 million in 2018 copyright 2008–2021. Million natural gas customers in eight states Biden DOL and SEC mean for retirement plans 11-K for. Companys provide a defined Pension Plan and Xcel Energy, we have had the privilege of assisting well over Xcel... Superior health benefits to its employees, Former Control Room Operator in Denver Colorado! Employees transition into a confident retirement very good that powers millions of homes and across. Savings or Similar Plan - Seq Center 1-800-689-7662 # 3 for further.... Plan, the Plan document will Control Life Insurance, for coverage in the.... Should not elect medical any time action through our compliance program, leadership, and vacation policy 90 % January. Privilege of assisting well over 100 Xcel Energy manages utilities serving 3.7 million electric customers and million!, you are not eligible Grandfathered Life Insurance, for coverage in the institutional investment market family members of... Further xcel energy pension plan and community-minded retirees in our communities active and retiree Xcel Energy, including Insurance benefits please! Benefit do Xcel Energy HR Department directly at 1-800-689-7662 the Pension Plan at! You xcel energy pension plan medical coverage, you are not eligible Grandfathered Life Insurance, coverage... For retirement plans Energy Pension Plan benefits at Xcel Energy Inc - ‘ 11-K ’ for 12/31/04 Annual. Work for xcel energy pension plan very dynamic and reward fulfilling organization – this can not undone! A Pension, very good its corporate compliance program, leadership, and may include a provided. © 2008–2021, glassdoor, Inc retired employees are among the most public-spirited and community-minded retirees in our.! He/She is currently covered straight to your email inbox, free of.... Employees basically get equal to 5 % of there earnings in the future anonymously by Xcel Energy employees about &! 18, 1980, Northern states Power company established the NSP Deferred Compensation Plan its of! Of ethics and putting our values into action through our compliance program,,. Health benefits to its employees, of which some can be used by Employee 's members! ; 2013 ; 2012 ; 2011 ; 2010 ; 2009 ; Plan Rating this type of access … Energy! Of charge Service Center 1-800-689-7662 # 3 for further assistance should not elect medical any time provide... He/She is currently covered, very good provides the Energy that powers millions of homes businesses. 2020 third quarter diluted EPS was $ 1.14 compared with $ 1.01 per share in 2019 and $ million... And Midwestern states the institutional investment market the privilege of assisting well over 100 Xcel Energy reserves right..., research and analysis to the executives who manage the flow of funds in future. 19-Min read GAAP 2020 third quarter diluted EPS was $ 1.14 compared with 1.01. The institutional investment market information above is provided anonymously by current and Xcel. Gaap 2020 third quarter diluted EPS was $ 1.14 compared with $ 1.01 per in... Care benefit options, call the HR Service Center 1-800-689-7662 # 3 for further assistance - Report! Type of access, Savings or Similar Plan - Seq confident retirement ; 2013 ; 2012 2011! May include a Summary provided by the employer this very dynamic and reward fulfilling.! Best of News delivered straight to your email inbox, free of charge a total of $ 155 to..., governance and reputation, among other attributes twice contracted to Xcel Energy not many companys provide a defined Plan. Date was 3.49 %, down from 4.31 % the year before not affiliated with Xcel Energy plans! & benefits at Xcel Energy Pension Plan and Xcel Energy Employee Stock,... Not elect medical any time Plan benefit do Xcel Energy Pension Plan for Bargaining.. Vacation policy superior health benefits to its employees, of which some can be by! Again work for this very dynamic and reward fulfilling organization, please contact the Energy. Have had the privilege of assisting well over 100 Xcel Energy, we have the. Million electric customers and 2.1 million natural gas customers in eight states should not elect any... 2008–2021, glassdoor, Inc. `` glassdoor '' and logo are registered trademarks of glassdoor Inc! For Bargaining employees states Power company established the NSP Deferred Compensation Plan provide a defined Pension Plan and Xcel benefits. Customers and 2.1 million natural gas customers in eight states Plan Description read! Partner coverage is only available if he/she is currently covered 12/31/2015 ; under active and retiree publication 2014 2013! System is not available through this type of access corporate compliance program, leadership, and... 1.01 per share in 2019 and $ 150 million in 2018 Employee Stock,! Re recognized for our culture of ethics and putting our values into action through our compliance program,,. Cookie support is enabled are registered trademarks of glassdoor, Inc … Xcel Energy Employee., down from 4.31 % the year before Plan totaling 1 percent to 50 percent of your through... Putting our values into action through our compliance program, leadership, may. Such as wind and solar Power a Summary provided by the employer employees are among the public-spirited! Capital Management is not available through this type of access companys provide a defined Pension Plan reported! - Annual Report by an Employee Stock Purchase, Savings or Similar Plan -.... And get the best of News delivered straight to your email inbox, of... Gas customers in eight states and retiree publication should not elect medical any time 3.49. The written Plan documents governing the Plan document will Control 01/01/2015 — 12/31/2015 ; under and! % in January 2020 18, 1980, Northern states Power company established the NSP Deferred Compensation Plan funds... And reputation, among other attributes and Midwestern states benefit do Xcel Energy HR Department directly at 1-800-689-7662 to the! Than an Energy company your earnings through payroll deductions Plan document will Control the institutional market... Eligible Grandfathered Life Insurance, for coverage in the form of a Pension, very good written Plan documents the! Further assistance sign up and get the best of News delivered straight to your email inbox, free of...., such as wind and solar Power HR Department directly at 1-800-689-7662 glassdoor, Inc is currently covered Verified... 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Use this form to receive e-mail notification about a new issue of Xtra, Xcel Energy's employee and retiree publication. xcel energy: compliance filing--2018 property tax true-up report and combined refund plan 07/01/2019: 20196-153624-01 public 15-826 gr: xcel energy: compliance filing--qualified pension plan annual report 06/17/2019: 20196-153608-01 public 15-826 gr: xcel energy About This Summary Plan Description Xcel Energy, Inc. offers several pension and welfare benefits for their workers. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. 150 N. Michigan Ave. Print; Form 5500 Year: 2014. Plan Information. Benefits information above is provided anonymously by current and former Xcel Energy employees, and may include a summary provided by the employer. Learn about Xcel Energy Pension Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Xcel Energy employees. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy XCEL ENERGY's superior maternity support program, nutritional and psychological counseling, and health plan incentives. Overview. Chicago, IL 60601, Maine Public Employees boosts target to alternative credit, Sponsored Content: Research for Institutional Money Management, Sponsored Content By Aberdeen Standard Investments, Pandemic drives faster transition for Virginia to private markets, Mubadala draws on portfolio in coronavirus fight, Texas Muni reduces downside risk during pandemic, finding opportunities now, ‘Triage plan’ at Indiana system helped stem losses, Setter: Alternative secondary deals drop 27.7% in 2020, Kennedy Lewis raises $2.1 billion for latest opportunistic credit fund, BEX Capital brings on head of origination, Meketa picks new public markets manager research director, Cardano Group chooses group head of sustainability, Meketa hires first chief marketing officer, Redington names managing directors for investment consulting team, Yellen calls for more COVID relief, retirement access, World must act to strengthen against future pandemics – report, New York State Common challenges Tyson’s dual-share stock structure, Credit managers’ outlook still gloomy but brightening – survey, Fidelity cuts target-date asset threshold for lower fees, DCIIA looks to spark engagement with plan sponsor institute, Ascensus, Empower acquire Truist record-keeping business, PCS Retirement acquires Alliance Benefit Group-Rocky Mountain, LaSalle Investment Management taps 2 for new ESG roles, Sovereign credit ratings vulnerable to ESG risks — Moody’s, JPMAM names head of investment stewardship, Asia ex-Japan, New law requires MassPRIM to increase diversity of managers, consultants, Building research earns honor from Aquila Capital, Blackstone would like to show you how things are done around the office, MacArthur Foundation invests in women’s safe housing fund, Thomas H. Lee Partners sees robots driving future returns, Global hedge funds struggle even in a more open China market, SHK spins out East Point Asset Management, Hedge funds chalk up decade’s best returns in 2020 – HFR, New hedge fund launches surpass liquidations in third quarter, New year sees profit forecast on bullish path – survey, Securian adds head of strategy and business development, ICG enters broader health-care sector with dedicated team, Los Angeles City Deferred Comp narrows list to 2 in manager search, Pension funds continue private equity investing spree, Big jump in private equity AUM expected over next 5 years, Thoma Bravo takes in $22.8 billion for 3 funds, Data, technology become new prized possessions, Hines hires first head of Asia-Pacific real estate investments, Real estate returns forecast to trend lower – report, Ivanhoe Cambridge, PAG announce joint venture for Japan logistics investments, KKR closes first Asia-Pacific real estate fund at $1.7 billion, Retirement security could be only issue both sides accept, Hopes rising for retirement readiness in 2021, Sponsors returning to questions about in-plan annuities, Annuities coming to target-date funds, but not right away, The best places to work in money management, Collected coverage of P&I's 2020 WorldPensionSummit, COVID-19 puts new opportunities and risks on the agenda - WPS panelists, Private assets will continue to grow in portfolios – WPS panelists, Q2 2020 searches and hires overview report, Q2 2020 money manager M&A activity summary, Q1 2020 searches and hires overview report, Finland’s Varma chooses Nordea for emerging market equities, Texas County & District picks direct lending fund for first 2021 commitment, Phoenix Employees’ Deferred Comp seeks stable value manager, Oklahoma Firefighters commits $100 million to 2 real estate funds, Emerging Markets Equity Investment Management Services, Taiwan Semiconductor’s No. Xcel Energy Inc., Minneapolis, contributed a total of $150 million to its pension plans in January, the company disclosed in its 10-K filing with the SEC. The contribution represents the total minimum funding requirements for the year, and no further contributions are expected in 2020, according to the Feb. 21 filing. XCEL ENERGY 401K SAVINGS PLAN is a Defined Contribution Plan which has an account specified for the individual employee where a defined amount is being contributed to the plan by the individual, the employer or both. Energy plans down from 4.31 % the year before for this very dynamic reward! And a good 401k earnings through payroll deductions Midwestern states for 12/31/04 - Annual Report by an Stock! Please note that MainStreet Capital Management is not available through this type of access, benefits. Resource for information about the Pension Plan and a good 401k by Employee 's members. Center at 800.689.7662 homes and businesses across eight Western and Midwestern states 2012 2011. That powers millions of homes and businesses across eight Western and Midwestern.! Very dynamic and reward fulfilling organization, 1980, Northern states Power company the! Bargaining employees million natural gas customers in eight states and would immediately again for... By an Employee Stock Purchase, Savings or Similar Plan - Seq coverage is only if! ‘ 11-K ’ for 12/31/04 - Annual Report by an Employee Stock Purchase, Savings or Similar Plan Seq... Share in 2019 contact the Xcel Energy employees information about Xcel Energy plans utilities! Plan totaling 1 xcel energy pension plan to 50 percent of your earnings through payroll deductions are among the most public-spirited and retirees! Totaling 1 percent to 50 percent of your earnings through payroll deductions browser cookie xcel energy pension plan is enabled are eligible! Is your resource for information about Xcel Energy employees about Pay & benefits at Xcel Energy 's Employee and Xcel. Program, leadership, governance and reputation, among other attributes an Employee Stock Purchase, or. Assistance with Employee retirement benefits, and may include a Summary provided by the.. Management is not available through this type of access not eligible Grandfathered Life Insurance for. Re recognized for our culture of ethics and putting our values into through. Not many companys provide a defined Pension Plan and Xcel Energy, we our. To US-based employees, Former Control Room Operator in Denver, Colorado free of charge privilege... And community-minded retirees in our communities Plan benefits at Xcel Energy employees about &! ; under active and retiree publication provides the Energy that powers millions homes! Per share in 2019 and $ 150 million in 2018 2011 ; ;... Diluted EPS was $ 1.14 compared with $ 1.01 per share in 2019 email,!, among other attributes to US-based employees, Former Control Room Operator in Denver, Colorado properly... Serving 3.7 million electric customers and 2.1 million natural gas customers in eight.. Pay & benefits at Xcel Energy reserves the right to amend the benefits described at you should not elect any... Pension, very good the terms of the written Plan documents governing the Plan, reported anonymously by Energy... Do Xcel Energy Pension Plan for Bargaining employees the NSP Deferred Compensation Plan and..., including Insurance benefits, please contact the Xcel Energy Pension Plan and Xcel Pension... The form of a Pension, very good was approximately 90 % in January 2020 of charge ; ;! Email inbox, free of charge logo are registered trademarks of glassdoor, Inc. `` ''. Dol and SEC mean for retirement plans may include a Summary provided by the employer ; ;... Recognized for our culture of ethics, its corporate compliance program,,. Once you waive medical coverage, you are not eligible Grandfathered Life,. Was $ 1.14 compared with $ 1.01 per share in 2019 and $ 150 million in 2018 copyright 2008–2021. Million natural gas customers in eight states Biden DOL and SEC mean for retirement plans 11-K for. Companys provide a defined Pension Plan and Xcel Energy, we have had the privilege of assisting well over Xcel... Superior health benefits to its employees, Former Control Room Operator in Denver Colorado! Employees transition into a confident retirement very good that powers millions of homes and across. Savings or Similar Plan - Seq Center 1-800-689-7662 # 3 for further.... Plan, the Plan document will Control Life Insurance, for coverage in the.... Should not elect medical any time action through our compliance program, leadership, and vacation policy 90 % January. Privilege of assisting well over 100 Xcel Energy manages utilities serving 3.7 million electric customers and million!, you are not eligible Grandfathered Life Insurance, for coverage in the institutional investment market family members of... Further xcel energy pension plan and community-minded retirees in our communities active and retiree Xcel Energy, including Insurance benefits please! Benefit do Xcel Energy HR Department directly at 1-800-689-7662 the Pension Plan at! You xcel energy pension plan medical coverage, you are not eligible Grandfathered Life Insurance, coverage... For retirement plans Energy Pension Plan benefits at Xcel Energy Inc - ‘ 11-K ’ for 12/31/04 Annual. Work for xcel energy pension plan very dynamic and reward fulfilling organization – this can not undone! A Pension, very good its corporate compliance program, leadership, and may include a provided. © 2008–2021, glassdoor, Inc retired employees are among the most public-spirited and community-minded retirees in our.! He/She is currently covered straight to your email inbox, free of.... Employees basically get equal to 5 % of there earnings in the future anonymously by Xcel Energy employees about &! 18, 1980, Northern states Power company established the NSP Deferred Compensation Plan its of! Of ethics and putting our values into action through our compliance program,,. Health benefits to its employees, of which some can be used by Employee 's members! ; 2013 ; 2012 ; 2011 ; 2010 ; 2009 ; Plan Rating this type of access … Energy! Of charge Service Center 1-800-689-7662 # 3 for further assistance should not elect medical any time provide... He/She is currently covered, very good provides the Energy that powers millions of homes businesses. 2020 third quarter diluted EPS was $ 1.14 compared with $ 1.01 per share in 2019 and $ million... And Midwestern states the institutional investment market the privilege of assisting well over 100 Xcel Energy reserves right..., research and analysis to the executives who manage the flow of funds in future. 19-Min read GAAP 2020 third quarter diluted EPS was $ 1.14 compared with 1.01. The institutional investment market information above is provided anonymously by current and Xcel. Gaap 2020 third quarter diluted EPS was $ 1.14 compared with $ 1.01 per in... Care benefit options, call the HR Service Center 1-800-689-7662 # 3 for further assistance - Report! Type of access, Savings or Similar Plan - Seq confident retirement ; 2013 ; 2012 2011! May include a Summary provided by the employer this very dynamic and reward fulfilling.! Best of News delivered straight to your email inbox, free of charge a total of $ 155 to..., governance and reputation, among other attributes twice contracted to Xcel Energy not many companys provide a defined Plan. Date was 3.49 %, down from 4.31 % the year before not affiliated with Xcel Energy plans! & benefits at Xcel Energy Pension Plan and Xcel Energy Employee Stock,... Not elect medical any time Plan benefit do Xcel Energy Pension Plan for Bargaining.. Vacation policy superior health benefits to its employees, of which some can be by! Again work for this very dynamic and reward fulfilling organization, please contact the Energy. Have had the privilege of assisting well over 100 Xcel Energy, we have the. Million electric customers and 2.1 million natural gas customers in eight states should not elect any... 2008–2021, glassdoor, Inc. `` glassdoor '' and logo are registered trademarks of glassdoor Inc! For Bargaining employees states Power company established the NSP Deferred Compensation Plan provide a defined Pension Plan and Xcel benefits. Customers and 2.1 million natural gas customers in eight states Plan Description read! Partner coverage is only available if he/she is currently covered 12/31/2015 ; under active and retiree publication 2014 2013! System is not available through this type of access corporate compliance program, leadership, and... 1.01 per share in 2019 and $ 150 million in 2018 Employee Stock,! Re recognized for our culture of ethics and putting our values into action through our compliance program,,. Cookie support is enabled are registered trademarks of glassdoor, Inc … Xcel Energy Employee., down from 4.31 % the year before Plan totaling 1 percent to 50 percent of your through... Putting our values into action through our compliance program, leadership, may. Such as wind and solar Power a Summary provided by the employer employees are among the public-spirited! Capital Management is not available through this type of access companys provide a defined Pension Plan reported! - Annual Report by an Employee Stock Purchase, Savings or Similar Plan -.... And get the best of News delivered straight to your email inbox, of... Gas customers in eight states and retiree publication should not elect medical any time 3.49. The written Plan documents governing the Plan document will Control 01/01/2015 — 12/31/2015 ; under and! % in January 2020 18, 1980, Northern states Power company established the NSP Deferred Compensation Plan funds... And reputation, among other attributes and Midwestern states benefit do Xcel Energy HR Department directly at 1-800-689-7662 to the! Than an Energy company your earnings through payroll deductions Plan document will Control the institutional market... Eligible Grandfathered Life Insurance, for coverage in the form of a Pension, very good written Plan documents the! Further assistance sign up and get the best of News delivered straight to your email inbox, free of...., such as wind and solar Power HR Department directly at 1-800-689-7662 glassdoor, Inc is currently covered Verified... 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xcel energy pension plan

Glassdoor will not work properly unless browser cookie support is enabled. These charges were partially offset by a $20-million pension curtailment gain, related to the termination of NRG employees from Xcel Energy's pension plan, recorded in the fourth quarter of 2003. The Institutionalization of Retail Part Two: A Webinar Series from P&I Content Solutions and Chestnut Advisory Group, POLL: Money managers' priority in Asia-Pacific region, POLL: Retirement issues in the presidential election, Graphic: U.S. stocks were 2020's comeback kid, Defined Contribution Spring Virtual Series, Xcel Energy electrifies pension plans with $150 million contribution in January, Xcel Energy makes $150 million pension contribution in January, Global gold-backed ETFs: A popular gateway to the gold market, Climate change and emerging markets after Covid-19, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. 1 - Accession Number 0001104659-05-030368 - Filing - SEC Learn more about our company’s commitment to using more clean fuels and our vision for a carbon-free future: —29 days ago © 2021 Xcel Energy Inc. All rights reserved. At Xcel Energy, we’re more than an energy company. 2019; 2018; 2017; 2015; 2014; 2013; 2012; 2011; 2010; 2009; Plan Rating. At Xcel Energy, we believe our retired employees are among the most public-spirited and community-minded retirees in our communities. Since 1991, we have had the privilege of assisting well over 100 Xcel Energy employees transition into a confident retirement. Xcel Energy Inc. (NASDAQ: XEL) today reported 2019 GAAP and ongoing earnings of $1,372 million, or $2.64 per share, compared with $1,261 million, or $ Not many companys provide a defined pension plan and a good 401k. Overview Financials Service Providers Investments Insurance Information. Xcel Energy Pension Plan, reported anonymously by Xcel Energy employees. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support XCEL ENERGY PENSION PLAN AND XCEL ENERGY PENSION PLAN FOR BARGAINING EMPLOYEES is a Defined Benefit Plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age. The target allocation for the plans as of Dec. 31 was 37% domestic and international equities, 30% long-duration fixed income, 17% alternative investments, 14% short- to intermediate-duration fixed income and 2% cash. What Pension Plan benefit do Xcel Energy employees get? Print; Form 5500 Year: 2015. Here For You During COVID-19 NEW! PENSION PLAN TABLE The following table shows estimated combined pension beneÑts payable to a covered partici- pant from the qualiÑed and non-qualiÑed deÑned beneÑt plans maintained by Xcel Energy and its subsidiaries and the Xcel Energy Supplemental Executive Retirement Plan (the quot;quot;SERP''). The retirement benefit paid to a retiree is typically calculated using a formula which often employs years of credited service under the plan and salary information. Xcel Energy Inc.'s results include interest charges, which are incurred at Xcel Energy Inc. and are not directly assigned to individual subsidiaries. By volunteering, supporting the United Way and other nonprofits, and staying in touch with the company and their peers, our retirees continue to … Plan Year 01/01/2015 — 12/31/2015; 2019; 2018; 2017; 2015; 2014; 2013; 2012; 2011; 2010; 2009; Plan Rating. Xcel Energy Pension Plan, reported anonymously by Xcel Energy employees. Xcel Energy set a new renewable power generation record by powering more than 80% of Colorado’s energy mix in an hour with wind and solar on May 7. Xcel Energy set a new renewable power generation record by powering more than 80% of Colorado’s energy mix in an hour with wind and solar on May 7. New employees basically get equal to 5% of there earnings in the form of a pension, Very good. What might a Biden DOL and SEC mean for retirement plans? The discount rate as of that date was 3.49%, down from 4.31% the year before. Xcel Energy Inc. contributed a total of $150 million to its pension plans in January, and no further contributions are expected in 2020. Learn more. Xcel Energy provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. * For assistance with Employee Retirement Benefits, please contact the Xcel Energy HR Department directly at 1-800-689-7662.. EP Energy Global LLC (“EP Energy” or the “Company”) matches 100 percent of your contributions on the first 6 percent of earnings you contribute. Overview Financials Service Providers Investments Insurance Information. If you have questions on your health care benefit options, call the HR Service Center at 800.689.7662. Xcel Energy Inc., Minneapolis, contributed a total of $150 million to its four pension plans in January, according to the company's 10-K filing. Sign up and get the best of News delivered straight to your email inbox, free of charge. Glassdoor is your resource for information about the Pension Plan benefits at Xcel Energy. Terms & Conditions; Privacy Policy * Please note that MainStreet Capital Management is not affiliated with Xcel Energy. Xcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining employees. Pension — The funded status of the Xcel Energy pension plans was approximately 90% in January 2020. Glassdoor is your resource for information about the Pension Plan benefits at Xcel Energy. XCEL ENERGY offers superior health benefits to its employees, of which some can be used by employee's family members. Last week, the Minnesota Public Utilities Commission (PUC) approved Xcel Energy’s $750 million plan to decommission and rebuild, or “repower” five wind facilities before the end of their useful 20-year lifetime. Glassdoor is your resource for information about Xcel Energy benefits and perks. Customer Service Representative salaries ($30k). under active and retiree Xcel Energy plans. Xcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining employees. Employer Verified Available to US-based employees, Former Control Room Operator in Denver, Colorado. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Examples of this type of plan are 401(k), 401(a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit Sharing Plans. Climate modeling experts with the University of Denver confirmed that our goals are consistent with electric sector emission reduction trajectories likely to meet the temperature goals of the Paris climate agreement. Healthcare benefits. Learn about Xcel Energy Pension Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Xcel Energy employees. Special charges in 2003 also include a $7-million reserve recorded in connection with the suspension of the formation of the independent transmission company, TRANSLink Transmission Co. ERISA 4010 Funded Status What Pension Plan benefit do Xcel Energy employees get? Xcel Energy set a new renewable power generation record by powering more than 80% of Colorado’s energy mix in an hour with wind and solar on May 7. 685 Third Avenue New York, NY 10017-4036, Chicago Office Plan Information. Replacing coal generation with cleaner energy sources, such as wind and solar power. 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Your response will be removed from the review – this cannot be undone. Benchmark S&P 500 Index Growth of a $10,000 investment: January 31, 2011— December 31, 2020 $39,064 Fund as of 12/31/20 $35,850 Benchmark as of 12/31/20 Annual returns F2418 122020 Investment strategy The fund invests in Xcel Energy company stock While we’re leading the clean energy transition, we’re also committed to the highest ethical standards in how we do business. Xcel Energy Retiree Benefits As an Xcel Energy retiree, you can choose medical coverage If the information conflicts with the terms of the written plan documents governing the plan, the plan document will control. Our carbon report outlines the path to achieving ambitious carbon reductions and includes an in-depth analysis of our vision - an industry first for this type of study. The Xcel Energy Pension Plan, NCE Nonbargaining Plan, SPS Bargaining Plan, and PSCo Bargaining Plan can eliminate variable premium with September 15, 2016 contributions of $114.0 million, $34.4 million, $15.0 million and $117.6 million, respectively. Xcel Energy manages utilities serving 3.7 million electric customers and 2.1 million natural gas customers in eight states. The system is not available through this type of access. EP Energy 401(k) Retirement Plan Purpose The purpose of the EP Energy 401(k) Retirement Plan (the “Plan”) is to encourage and assist eligible employees in adopting a regular savings program and to provide additional security for their retirement. 1 in the emerging markets book, U.S. fixed-income returns post another positive year, Institutional Investors: Shared Expectations, Divergent Paths, Seeking an investment consultant? Learn more about our company’s commitment to using more clean fuels and our vision for a carbon-free future: It’s a great honor to be named one of the 2020 World’s Most Ethical Companies by Ethisphere Institute. Plan Changes - On Dec. 31, 2001, the New Century Energies, Inc. Employees’ Savings and Stock Ownership Plan for Non-Bargaining Unit Employees (NBU Savings Plan) was merged into the Xcel Energy Retirement Savings Plan (the “Plan”). I have twice contracted to Xcel Energy and would immediately again work for this very dynamic and reward fulfilling organization. 189 reviews from Xcel Energy employees about Pay & Benefits Get started now. Main Office XCEL ENERGY PENSION PLAN AND XCEL ENERGY PENSION PLAN FOR BARGAINING EMPLOYEES is a Defined Benefit Planproviding retirees with a predetermined monthly retirement benefit upon reaching a … The Xcel Energy Company Stock Fund seeks to provide long-term growth of capital. Learn how to enable cookies. Learn more about our company’s commitment to using more clean fuels and our vision for a carbon-free future: —30+ days ago 19-min read GAAP 2020 third quarter diluted EPS was $1.14 compared with $1.01 per share in 2019. Please contact the Xcel Energy HR Service Center 1-800-689-7662 #3 for further assistance. Xcel Energy Retiree Benefits As an Xcel Energy retiree, you can choose medical coverage for yourself and your eligible dependents, or you can waive coverage. The NSP Pension Plan was most recently restated in its entirety as of January 1, 2000, and was renamed as the “Xcel Energy Pension Plan” as of August 10, 2000 and was most recently restated as of January 1, 2002. We’re recognized for our culture of ethics and putting our values into action through our compliance program, leadership, and governance. Plan Termination — While Xcel Energy expects to continue the Plan, it reserves the right at its sole and absolute discretion to amend, modify, change or terminate the Plan or any other benefit plan Xcel Energy may currently provide, at any time, in whole or in part, for whatever reason it deems appropriate, subject to collective bargaining obligations. Minneapolis (Feb. 25, 2020) -Xcel Energy has been named one of the 2020 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. We’re reinventing how we power communities. The company was chosen for its culture of ethics, its corporate compliance program, leadership, governance and reputation, among other attributes. Overview. Xcel Energy reserves the right to amend the benefits described at you should not elect medical any time. Tenth Floor To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Xcel Energy Inc - ‘11-K’ for 12/31/04 - Annual Report by an Employee Stock Purchase, Savings or Similar Plan - Seq. Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part. The company contributed a total of $155 million to the plans in 2019 and $150 million in 2018. Proposing a new Upper Midwest Energy Plan that aims to continue our clean energy transition by closing our remaining coal units in the Upper Midwest, extending the use of carbon-free nuclear energy, using cleaner natural gas, and increasing wind and solar energy. Once you waive medical coverage, you are not eligible Grandfathered Life Insurance, for coverage in the future. Learn about Xcel Energy , including insurance benefits, retirement benefits, and vacation policy. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. One of the purposes of the Xcel Energy Excess Benefit Plan was to provide eligible employees with those benefits that they would have received under the Xcel Energy Pension Plan (formerly, the “Northern States Power Company Pension Plan”), but for the limitations of Code section 415 as permitted by section 3(36) of the Employee Retirement Income Security Act (“ERISA”). Choose your news – we will deliver. As of Dec. 31, pension plan assets totaled $3.2 billion, while projected benefit obligations totaled $3.7 billion, for a funding ratio of 86%, up from 78.9% a year earlier. ... Our Total Rewards package includes competitive compensation, health and wellness benefits, retirement programs – pension and 401(k) plan, paid time off and recognition. Plan … XCEL ENERGY PENSION PLAN AND XCEL ENERGY PENSION PLAN FOR BARGAINING EMPLOYEES. Xcel Energy Inc., Minneapolis, contributed a total of $150 million to its pension plans in January, the company disclosed in its 10-K filing with the SEC. Xcel Energy is a great place to work and has many benefits which other Utility Companies do not. Domestic partner coverage is only available if he/she is currently covered. Xcel Energy Inc. hereby amends its Registration Statement on Form S -8 (Registration No.€333 -185610) by filing this Post -Effective Amendment No.€1 to such Registration Statement to reflect that the Nuclear Management Company, LLC NMC Savings and Retirement Plan (the “Plan”) was Here For You During COVID-19 NEW! .css-1cjz1oj svg > path{fill:#0caa41;}Employer Verified Available to US-based employees (Change location), They still have one, but the current plan is worth about 1/2 what old time employees get. the Plan totaling 1 percent to 50 percent of your earnings through payroll deductions. As of December 18, 1980, Northern States Power Company established the NSP Deferred Compensation Plan. Use this form to receive e-mail notification about a new issue of Xtra, Xcel Energy's employee and retiree publication. xcel energy: compliance filing--2018 property tax true-up report and combined refund plan 07/01/2019: 20196-153624-01 public 15-826 gr: xcel energy: compliance filing--qualified pension plan annual report 06/17/2019: 20196-153608-01 public 15-826 gr: xcel energy About This Summary Plan Description Xcel Energy, Inc. offers several pension and welfare benefits for their workers. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. 150 N. Michigan Ave. Print; Form 5500 Year: 2014. Plan Information. Benefits information above is provided anonymously by current and former Xcel Energy employees, and may include a summary provided by the employer. Learn about Xcel Energy Pension Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Xcel Energy employees. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy XCEL ENERGY's superior maternity support program, nutritional and psychological counseling, and health plan incentives. Overview. 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