Defined Benefit (Pension) · DOL Form 5500 · 2022
Duke Energy Corporation Pension Plan
Data updated 2026-08-25
- $3.2B
- Total assets Very large vs avg
- 16,132
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $197,248
- Avg per participant Above avg balance/head
Official DOL plan name: Duke Energy Retirement Cash Balance Plan · Sponsored by Duke Energy Corporation · North Carolina · Utilities
$3.2B in assets, 16,132 participants
Duke Energy Corporation's Duke Energy Retirement Cash Balance Plan reported $3.2B in total assets and 16,132 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #707 in Utilities (738 peers)
Coverage in North Carolina
Duke Energy Retirement Cash Balance Plan covers 16,132 participants in North Carolina, 20x the typical North Carolina plan (state average ~819 per filing). Assets: $3.2B.
- #707
- in Utilities (738 peers)
- -26.4%
- assets change YoY
- 32×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Duke Energy Retirement Cash Balance Plan's outsized position by total assets
Duke Energy Retirement Cash Balance Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,182,000,000 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Duke Energy Retirement Cash Balance Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Duke Energy Retirement Cash Balance Plan is a mega filing (16,132 participants), the rightmost band on the breakdown.
Published 5500 schedule card
Filing strip 202777218 · Duke Energy Corporation PY 2022 · Defined Benefit (Pension)
Duke Energy Retirement Cash Balance Plan · $3.2B · 16,132 · 100th
- EOY $3.2B
- 5500 16,132
- ASSETS 100th
- PCT Defined Benefit (Pension)
- EIN near Entergy Corporation Retirement Plan for Non-Bargaining Employees
- RANK ind #707
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in North Carolina →
Duke Energy Retirement Cash Balance Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $4.3B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | -$1.1B |
| Employer EIN | 202777218 |
| Plan Effective Date | 1943-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Duke Energy Corporation)
Sponsor-wide plan assets over time
All Duke Energy Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $18.3B 10.305105368831601% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 44,209 | $16.6B |
| 2023 | 3 | 42,977 | $17.8B |
| 2024 | 3 | 41,217 | $18.3B |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Time Warner Cable Pension Plan $2.6B · 18,624
- Employees' Retirement Plan of Duke University $2.5B · 20,542
Scale composition for Duke Energy Retirement Cash Balance Plan
Duke Energy Retirement Cash Balance Plan reports $3.2B in end-of-year assets across 16,132 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $197,248 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$1.1B.
This plan identity (EIN 202777218, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $4.7B (+47.0%) while covered participants moved from 16,132 to 13,576 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,132 | $3.2B | This page |
| 2023 | 14,485 | $4.0B | Open filing |
| 2024 · index core | 13,576 | $4.7B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Duke Energy Retirement Savings Plan (401(k), $11.3B, 27,341 participants)
- Duke Energy Retirement Cash Balance Plan (Defined Benefit (Pension), $4.7B, 13,576 participants)
- Duke Energy Legacy Pension Plan (Defined Benefit (Pension), $2.4B, 300 participants)
Duke Energy Retirement Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Entergy Corporation Retirement Plan for Non-Bargaining Employees in LA ($3.2B); by covered participants it is Abbvie Pension Plan in IL (16,037 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.2B here).
- Entergy Corporation Retirement Plan for Non-Bargaining Employees (LA) $3.2B · 8,484
- The Continental Retirement Plan (TX) $3.2B · 24,855
- Highmark Retirement Plan (PA) $3.2B · 15,759
- Pinnacle West Capital Corporation Retirement Plan (AZ) $3.2B · 5,840
Similar participant headcount
Nearest other-state filings by covered participants (16,132 participants); asset peers above are excluded.
- Abbvie Pension Plan (IL) 16,037 · 95 off
- Navy Federal Credit Union Employees' Retirement Plan (VA) 16,288 · 156 off
- Delta Retirement Plan (GA) 15,951 · 181 off
- 1199seiu Greater New York Pension Fund (NY) 15,937 · 195 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.