2023 Form 5500 filing — Duke Energy Retiree Health & Welfare Benefit (Financed) Plans
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241209112333NAL0010569361001) for Duke Energy Retiree Health & Welfare Benefit (Financed) Plans, reported by Duke Energy Corporation under EIN 20-2777218 and plan number 503. It reports 38,446 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241209112333NAL0010569361001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Duke Energy Corporation
- EIN
- 20-2777218
- Plan number
- 503
- Location
- Charlotte, NC
- Participants
- 38,446
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,325,000
- Total liabilities (EOY)
- $402,000
- Net assets (EOY)
- $24,923,000
- Employer contributions
- $83,114,000
- Participant contributions
- $7,547,000
- Total income / additions
- $97,353,000
- Benefits paid
- $104,686,000
- Administrative expenses
- $554,000
- Total expenses
- $105,240,000
- Net increase / (decrease)
- -$7,887,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Healthcare | NONE | $339,870 | not reported in the loaded dataset |
| Standish Mellon Asset Management | NONE | $118,406 | not reported in the loaded dataset |
| Mcconnell & Jones | AUDITOR | $40,325 | not reported in the loaded dataset |
| Extend Health | NONE | $39,512 | not reported in the loaded dataset |
| Connecticut General Life | NONE | $8,254 | not reported in the loaded dataset |
| Caremark | NONE | $7,930 | not reported in the loaded dataset |