Xcel Energy Employee Benefit: 401K Plan | Glassdoor

Xcel Energy 401K Plan

Updated Dec 14, 2015

38 employees reported this benefit

3.9
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 10
  • Mar 23, 2017
    StarStarStarStarStarEmployee

    Match your contributions 1:2 up to 4%. (I.e. You put in 8%, they'd match 4%). Matching only happens annually in March though, so if you ever want to leave you have to be careful with the timing.

  • Jan 02, 2017
    StarStarStarStarStar Current Electrician in Amarillo, Texas

    They match up a to a certain percent

  • Jun 09, 2016
    StarStarStarStarStar Former Scheduler in Denver, Colorado

    Vanguard is a wonderful investment company and their web page is easy to use.

  • Dec 02, 2015
    StarStarStarStarStar Current Specialist in Red Wing, Minnesota

    Comparable to other utility companies.

  • Oct 12, 2015
    StarStarStarStarStar Former Intern in Welch, Minnesota

    No where else gives this benefit for their interns so its nice that Xcel does.

  • Sep 02, 2015
    StarStarStarStarStar Former Control Room Operator in Denver, Colorado

    Best, Vanguard has done well by me. company matches up to 7%

  • Jun 30, 2015
    StarStarStarStarStar Former Employee in Denver, Colorado

    Contribute up to 4% and you are allowed to choose your investments.

  • May 28, 2015
    StarStarStarStarStar Former Instructor in Saint Paul, Minnesota

    Not a huge match, but they also provide a pension. They match in Xcel Energy stock, which you can then diversify.

  • Apr 13, 2015
    StarStarStarStarStar Former Employee in Denver, Colorado

    The ability to select own funds

  • Oct 13, 2014
    StarStarStarStarStar Former Engineer in Minneapolis, Minnesota

    Effectively 4% match is pretty good, compared to many companies.

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