Defined Benefit (Pension) · DOL Form 5500 · 2023
Duke University Pension Plan
Data updated 2026-08-25
- $2.6B
- Total assets Very large vs avg
- 21,020
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $124,494
- Avg per participant Near avg balance/head
Official DOL plan name: Employees' Retirement Plan of Duke University · Sponsored by Duke University · North Carolina · Educational Services
$2.6B in assets, 21,020 participants
Duke University's Employees' Retirement Plan of Duke University reported $2.6B in total assets and 21,020 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #3,710 in Educational Services (3,735 peers)
Coverage in North Carolina
Employees' Retirement Plan of Duke University covers 21,020 participants in North Carolina, 26x the typical North Carolina plan (state average ~819 per filing). Assets: $2.6B.
- #3,710
- in Educational Services (3,735 peers)
- +5.9%
- assets growth YoY
- 26×
- vs typical plan assets (national mean)
Employees' Retirement Plan of Duke University's outsized position by total assets
Employees' Retirement Plan of Duke University vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,616,859,519 Top 1% higher than 99% 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
Employees' Retirement Plan of Duke University's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employees' Retirement Plan of Duke University is a mega filing (21,020 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Employees' Retirement Plan of Duke University reported net income rose from -$79M in the plan year 2022 filing to $155M in the plan year 2023 filing.
- Employees' Retirement Plan of Duke University end-of-year assets rose from $2.5B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
- Employees' Retirement Plan of Duke University reported participants rose from 20,542 in the plan year 2022 filing to 21,020 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 560532129 · Duke University PY 2023 · Defined Benefit (Pension)
Employees' Retirement Plan of Duke University · $2.6B · 21,020 · 99th
- NET $2.6B
- NET 21,020
- NET 99th
- NET Defined Benefit (Pension)
- NET near Pension Plan for Eaton Corporation Employees
- NET ind #3710
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 Educational Services retirement plans → · Plans in North Carolina →
Employees' Retirement Plan of Duke University in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $155M |
| Employer EIN | 560532129 |
| Plan Effective Date | 1959-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Duke University)
Sponsor-wide plan assets over time
All Duke University plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.8B 37.83151244360225% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 64,524 | $10.0B |
| 2023 | 3 | 65,887 | $11.6B |
| 2024 | 3 | 71,094 | $13.8B |
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
- Duke Energy Legacy Pension Plan $3.4B · 371
- Time Warner Cable Pension Plan $2.6B · 16,981
Scale composition for Employees' Retirement Plan of Duke University
Employees' Retirement Plan of Duke University reports $2.6B in end-of-year assets across 21,020 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $124,494 per participant (90% of the national average assets-per-participant) . Net income for plan year 2023 was $155M.
This plan identity (EIN 560532129, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.5B to $2.8B (+12.7%) while covered participants moved from 20,542 to 22,655 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 20,542 | $2.5B | Open filing |
| 2023 | 21,020 | $2.6B | This page |
| 2024 · index core | 22,655 | $2.8B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Duke University Faculty and Staff Retirement Plan (Other, $11.0B, 48,377 participants)
- Employees' Retirement Plan of Duke University (Defined Benefit (Pension), $2.8B, 22,655 participants)
Employees' Retirement Plan of Duke University's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Pension Plan for Eaton Corporation Employees in OH ($2.6B); by covered participants it is The Hcsc Employee Pension Plan in TX (21,042 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.6B here).
- Pension Plan for Eaton Corporation Employees (OH) $2.6B · 8,916
- Burlington Northern Santa Fe Retirement Plan (TX) $2.6B · 5,122
- Sound Retirement Trust (WA) $2.6B · 93,701
- Massmutual Pension Plan (MA) $2.6B · 14,462
Similar participant headcount
Nearest other-state filings by covered participants (21,020 participants); asset peers above are excluded.
- The Hcsc Employee Pension Plan (TX) 21,042 · 22 off
- Carpenters Pension Trust Fund for Northern California (CA) 20,998 · 22 off
- Intel Minimum Pension Plan (CA) 21,211 · 191 off
- United Food & Commercial Workers Intl Union - Industry Pension Fund (IL) 20,680 · 340 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.