Defined Benefit (Pension) · DOL Form 5500 · 2022

Duke Energy Corporation Pension Plan

Data updated 2026-08-25

$4.0B
Total assets Very large vs avg
346
Participants Below avg headcount
100th
Percentile by assets National rank
$11.7M
Avg per participant High balance/head
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Official DOL plan name: Duke Energy Legacy Pension Plan · Sponsored by Duke Energy Corporation · North Carolina · Utilities

$4.0B in assets, 346 participants

Duke Energy Corporation's Duke Energy Legacy Pension Plan reported $4.0B in total assets and 346 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.

  • #715 in Utilities (738 peers)

Coverage in North Carolina

Duke Energy Legacy Pension Plan covers 346 participants in North Carolina, about 42% of the average North Carolina filer (state average ~819 per filing). Assets: $4.0B.

#715
in Utilities (738 peers)
-21.3%
assets change YoY
41×
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 Legacy Pension Plan's outsized position by total assets

Duke Energy Legacy Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,041,400,000 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Duke Energy Legacy Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Duke Energy Legacy Pension Plan sits mid-pack in the medium band (346 participants).

DOL schedule card

Filing strip 202777218 · Duke Energy Corporation PY 2022 · Defined Benefit (Pension)

Duke Energy Legacy Pension Plan · $4.0B · 346 · 100th

  • TYPE $4.0B
  • NET 346
  • BOOK 100th
  • VS-ST Defined Benefit (Pension)
  • BOY near Deloitte Pension Plan
  • SCH ind #715

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 Legacy Pension Plan in the asset neighbourhood

The Retirement Benefit Plan of American Airlines, Inc. for Employees Represented by the Transport Workers Union of America, AFL-CIOThe Retirement Benefit Plan …$4.1BDuke Energy Legacy Pension PlanDuke Energy Legacy Pension P…$4.0BDeloitte Pension Plan$4.0BWestrock Company Consolidated Pension PlanWestrock Company Consolidate…$4.0BInternational Brotherhood of Teamsters Union Local 710 Pension FundInternational Brotherhood of…$4.0B
End-of-year total assets ($B) among Duke Energy Legacy Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$5.1B
Net Assets (End of Year)$4.0B
Net Income-$1.1B
Employer EIN202777218
Plan Effective Date2018-01-01
Filing StatusFILING 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
$16B$17B$18B$19B 202220232024 $16.6B $18.3B ▲ +10.3%
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.

Duke Energy Legacy Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 05101520 Total assets ($B) Participants Duke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.470867869 · Participants: 20542Employees' Retirement Plan of Duke University
Duke Energy Legacy Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Duke Energy Legacy Pension Plan side-by-side with 3 peers →

Duke Energy Legacy Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Deloitte Pension Plan in NY ($4.0B); by covered participants it is Retirement Income Plan in MA (346 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (346 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Duke Energy Legacy Pension Plan assets move in 2022? ▼
Duke Energy Legacy Pension Plan declined sharply - down 21.3% during 2022, from $5.1B to $4.0B. Reported net income was -$1.1B.
How have Duke Energy Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Duke Energy Corporation's sponsor-wide assets grew 10.3%, from $16.6B to $18.3B.
Where does Duke Energy Legacy Pension Plan rank by assets among Form 5500 filers? ▼
Duke Energy Legacy Pension Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Duke Energy Legacy Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Deloitte Pension Plan in NY ($4.0B, 48,625 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Duke Energy Legacy Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Income Plan in MA (346 participants, $274M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 202777218.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.