Defined Benefit (Pension) · DOL Form 5500 · 2023
Duke Energy Corporation Pension Plan
Data updated 2026-08-25
- $3.4B
- Total assets Very large vs avg
- 371
- Participants Below avg headcount
- 100th
- Percentile by assets National rank
- $9.1M
- Avg per participant High balance/head
Official DOL plan name: Duke Energy Legacy Pension Plan · Sponsored by Duke Energy Corporation · North Carolina · Utilities
$3.4B in assets, 371 participants
Duke Energy Corporation's Duke Energy Legacy Pension Plan reported $3.4B in total assets and 371 participants in its 2023 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.
- #688 in Utilities (721 peers)
Coverage in North Carolina
Duke Energy Legacy Pension Plan covers 371 participants in North Carolina, about 45% of the average North Carolina filer (state average ~819 per filing). Assets: $3.4B.
- #688
- in Utilities (721 peers)
- -16.6%
- assets change YoY
- 34×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$3,372,100,000 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Duke Energy Legacy Pension Plan among mid-size filed plans by headcount
Plan-year 2023 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 (371 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Duke Energy Legacy Pension Plan reported net income rose from -$1.1B in the plan year 2022 filing to $23M in the plan year 2023 filing.
- Duke Energy Legacy Pension Plan end-of-year assets fell from $4.0B in the plan year 2022 filing to $3.4B in the plan year 2023 filing.
- Duke Energy Legacy Pension Plan reported participants rose from 346 in the plan year 2022 filing to 371 in the plan year 2023 filing.
DOL schedule card
Filing strip 202777218 · Duke Energy Corporation PY 2023 · Defined Benefit (Pension)
Duke Energy Legacy Pension Plan · $3.4B · 371 · 100th
- RANK $3.4B
- RANK 371
- RANK 100th
- RANK Defined Benefit (Pension)
- RANK near Emerson Electric Company Retirement Plan
- RANK ind #688
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
North Carolina filing particulars
| Total Assets (Beginning of Year) | $4.0B |
|---|---|
| Net Assets (End of Year) | $3.4B |
| Net Income | $23M |
| Employer EIN | 202777218 |
| Plan Effective Date | 2018-01-01 |
| 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 $16.6B · 11,145
- Truist Financial Corporation Pension Plan $14.6B · 45,818
- Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
- Employees' Retirement Plan of Duke University $2.6B · 21,020
- Time Warner Cable Pension Plan $2.6B · 16,981
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 Emerson Electric Company Retirement Plan in MO ($3.4B); by covered participants it is Sumitomo Machinery Corporation of America Pension Plan in VA (371 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.4B here).
- Emerson Electric Company Retirement Plan (MO) $3.4B · 2,671
- Georgia-Pacific LLC Hourly Pension Plan (GA) $3.4B · 7,873
- Retirement Plan for Certain Represented Employees (MD) $3.4B · 3,559
- Bakery & Confectionery Union & Industry International Pension Fund (MD) $3.4B · 14,666
Similar participant headcount
Nearest other-state filings by covered participants (371 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.