Duke Energy Retirement Cash Balance Plan — Form 5500 plan (Duke Energy Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Duke Energy Retirement Cash Balance Plan is a benefit plan reported by Duke Energy Corporation under EIN 20-2777218 and plan number 001. The latest loaded filing year is 2023. The filing reports 18,156 participants and $4,026,400,000 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Duke Energy Corporation
EIN
20-2777218
Plan number
001
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
18,156
End-of-year plan assets
$4,026,400,000

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202318,156H, C20241013140555NAL0024792305001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,026,400,000
Total liabilities (EOY)
$0
Net assets (EOY)
$4,026,400,000
Net assets (BOY)
$3,182,000,000

Income & contributions

Employer contributions
$100,000,000
Total contributions
$100,000,000
Total income / additions
$458,700,000

Expenses & distributions

Benefits paid
$291,700,000
Administrative expenses
$15,200,000
Total expenses
$306,900,000
Net increase / (decrease)
$151,800,000

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Northern TrustTRUSTEE$547,491$02023

Related Form 5500 pages