Duke Energy Active Health & Welfare Benefit (Financed) Plans — 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 Active Health & Welfare Benefit (Financed) Plans is a benefit plan reported by Duke Energy Corporation under EIN 20-2777218 and plan number 502. The latest loaded filing year is 2023. The filing reports 28,800 participants and $0 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
- 502
- Plan type
- 2
- Location
- Charlotte, NC
- Latest filing year
- 2023
- Participants
- 28,800
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 28,800 | H, C | 20241010164710NAL0010277491001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $16,755,000
Income & contributions
- Employer contributions
- $305,580,000
- Participant contributions
- $71,971,000
- Total contributions
- $377,551,000
- Total income / additions
- $377,982,000
Expenses & distributions
- Benefits paid
- $370,559,000
- Administrative expenses
- $24,178,000
- Total expenses
- $394,737,000
- Net increase / (decrease)
- -$16,755,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Healthcare | NONE | $18,199,162 | not reported in the loaded dataset | 2023 |
| Connecticut General Life | NONE | $1,315,989 | not reported in the loaded dataset | 2023 |
| Caremark | NONE | $1,067,733 | not reported in the loaded dataset | 2023 |
| Best Doctor | NONE | $599,867 | not reported in the loaded dataset | 2023 |
| Omada Health | NONE | $528,280 | not reported in the loaded dataset | 2023 |
| Mcconnell & Jones Llp | AUDITOR | $52,825 | not reported in the loaded dataset | 2023 |
| Standish Mellon Asset Management | NONE | $6,738 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Duke Energy Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Charlotte, NC
- United Healthcare — Schedule C compensation
- Connecticut General Life — Schedule C compensation
- Caremark — Schedule C compensation
- Best Doctor — Schedule C compensation
- Omada Health — Schedule C compensation
- Mcconnell & Jones Llp — Schedule C compensation
- Standish Mellon Asset Management — Schedule C compensation