Xcel Energy Inc 401(k) Plan: Login, Facts & Contact Information
Xcel Energy Inc 401(k) Login
4,224 former Xcel Energy Inc employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Xcel Energy Inc 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 3, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $170.0 million went into the plan in contributions, $33.1 million of it from the employer (20%).
- $385.9 million was paid out to participants.
- Investment and other income added $362.4 million.
- Administrative expenses were $1.84 million, about $135 per account.
How the Xcel Energy Inc 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 11,612 | $2.73 billion | $25.7 million | $218.0 million |
| 2020 | 12,559 | $3.01 billion | $27.7 million | $205.8 million |
| 2021 | 12,685 | $3.26 billion | $28.7 million | $304.5 million |
| 2022 | 12,671 | $2.71 billion | $30.8 million | $298.4 million |
| 2023 | 13,450 | $2.95 billion | $33.6 million | $292.2 million |
| 2024 | 14,043 | $3.09 billion | $33.1 million | $385.9 million |
Xcel Energy Inc 401(k) Contact Information
Questions about the Xcel Energy Inc 401(k)
Does Xcel Energy Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $33.1 million, 20% of all contributions.
Does the Xcel Energy Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Xcel Energy Inc 401(k) plan?
14,043 participants at the start of plan year 2024, 9,075 of them active employees, and 4,224 former employees who still had money in the plan.
What is the average 401(k) balance at Xcel Energy Inc?
About $226,534 per account: $3.09 billion in plan assets across 13,654 accounts with a balance at the end of plan year 2024.
Who manages the Xcel Energy Inc 401(k) accounts?
Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Xcel Energy Inc. How do I access my 401(k)?
Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.