401(k) · DOL Form 5500 · 2022

Duke Energy Corporation 401(k) Plan

Data updated 2026-08-25

$9.4B
Total assets Very large vs avg
27,731
Participants Very large workforce
100th
Percentile by assets National rank
$337,705
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Duke Energy Retirement Savings Plan · Sponsored by Duke Energy Corporation · North Carolina · Utilities

$9.4B in assets, 27,731 participants

Duke Energy Corporation's Duke Energy Retirement Savings Plan reported $9.4B in total assets and 27,731 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.

  • #733 in Utilities (738 peers)

Coverage in North Carolina

Duke Energy Retirement Savings Plan covers 27,731 participants in North Carolina, 34x the typical North Carolina plan (state average ~819 per filing). Assets: $9.4B.

#733
in Utilities (738 peers)
-16.2%
assets change YoY
94×
vs typical plan assets (national mean)

The plan reported a net loss of $1.8B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Duke Energy Retirement Savings Plan's outsized position by total assets

Duke Energy Retirement Savings Plan vs every filed plan by assets

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

$9,364,902,000 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 Retirement Savings 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 Savings Plan is a mega filing (27,731 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 202777218 · Duke Energy Corporation PY 2022 · 401(k)

Duke Energy Retirement Savings Plan · $9.4B · 27,731 · 100th

  • PART $9.4B
  • PART 27,731
  • PART 100th
  • PART 401(k)
  • PART near The Dow Chemical Company Employees' Savings Plan
  • PART ind #733

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 Savings Plan in the asset neighbourhood

Shell Provident Fund$9.5BDeloitte Profit Sharing Plan$9.5BElevance Health 401(k) Plan$9.5BDuke Energy Retirement Savings PlanDuke Energy Retirement Savin…$9.4BThe Dow Chemical Company Employees' Savings PlanThe Dow Chemical Company Emp…$9.3B
End-of-year total assets ($B) among Duke Energy Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$11.2B
Net Assets (End of Year)$9.4B
Net Income-$1.8B
Employer EIN202777218
Plan Effective Date1959-07-01
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 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Duke Energy Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 0100000200000300000 01020304050 Total assets ($B) Participants Duke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 6.904286956 · Participants: 21030Nucor Corporation Profit Sharing and Retirement Savings Plan
Duke Energy Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Duke Energy Retirement Savings Plan

Duke Energy Retirement Savings Plan reports $9.4B in end-of-year assets across 27,731 participants (0.076% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.030% of 93,925,755 covered participants) - about $337,705 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2022 was -$1.8B.

This plan identity (EIN 202777218, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $9.4B to $11.3B (+20.3%) while covered participants moved from 27,731 to 27,341 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,731 $9.4B This page
2023 28,121 $10.4B Open filing
2024 · index core 27,341 $11.3B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Duke Energy Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Dow Chemical Company Employees' Savings Plan in MI ($9.3B); by covered participants it is The Travelers 401(k) Savings Plan in MN (27,710 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (27,731 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 Retirement Savings Plan assets move in 2022?
Duke Energy Retirement Savings Plan declined sharply - down 16.2% during 2022, from $11.2B to $9.4B. Reported net income was -$1.8B.
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 Retirement Savings Plan rank by assets among Form 5500 filers?
Duke Energy Retirement Savings 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 401(k) plans are similar in size to Duke Energy Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Dow Chemical Company Employees' Savings Plan in MI ($9.3B, 16,930 participants).
Which 401(k) plans cover a similar participant headcount to Duke Energy Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Travelers 401(k) Savings Plan in MN (27,710 participants, $8.0B in assets).