Defined Benefit (Pension) · DOL Form 5500 · 2024

Duquesne Light Company Pension Plan

Data updated 2026-07-24

$895M
Total assets: 327
Participants: 98th
Percentile by assets: $2.7M
Avg per participant

Official DOL plan name: Duquesne Light Company Defined Benefit Retirement Plan · Sponsored by Duquesne Light Company · Pennsylvania · Utilities

$895M in assets, 327 participants

Duquesne Light Company's Duquesne Light Company Defined Benefit Retirement Plan reported $895M in total assets and 327 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Duquesne Light Company Defined Benefit Retirement Plan covers 327 participants in Pennsylvania, about 40% of the average Pennsylvania filer (state average ~824 per filing). Assets: $895M.

$895M
total plan assets (2024 EOY): 327
covered participants: 98th
percentile by assets (of 116,472 plans): $2.7M
avg assets per participant

The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Duquesne Light Company Defined Benefit Retirement Plan reported net income fell from $29M in the plan year 2023 filing to -$34M in the plan year 2024 filing.
Duquesne Light Company Defined Benefit Retirement Plan end-of-year assets fell from $925M in the plan year 2023 filing to $895M in the plan year 2024 filing.
Duquesne Light Company Defined Benefit Retirement Plan reported participants fell from 336 in the plan year 2023 filing to 327 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Utilities

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Duquesne Light Company Defined Benefit Retirement Plan reports 327 participants - about 40% of that state average ($895M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$925M
Net Assets (End of Year)	$885M
Net Income	-$34M
Employer EIN	250451600
Plan Effective Date	1936-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Duquesne Light Company)

Total plan assets by year, all Duquesne Light Company plans on file

Year	Plans	Participants	Total Assets
2022	2	1,218	$1.1B
2023	2	1,191	$1.1B
2024	2	1,192	$1.1B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Duquesne Light Company Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Steelworkers Pension Trust $7.2B · 46,110
The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
Constellation Retirement Program $5.0B · 4,809
Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421

Compare Duquesne Light Company Defined Benefit R… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Duquesne Light Company Defined Benefit Retirement Plan by total assets, not by location.

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan (MI) $893M · 6,733
Permanente Physicians Retirement Plan for Mapmg (CA) $893M · 2,216
Cottage Health Pension Plan (CA) $890M · 3,623
The Goodyear Tire & Rubber Company Salaried Pension Plan (OH) $900M · 1,545

Frequently Asked Questions

How did Duquesne Light Company Defined Benefit Retirement Plan assets move in 2024? ▼

Duquesne Light Company Defined Benefit Retirement Plan edged down modestly - down 3.2% during 2024, from $925M to $895M. Reported net income was -$34M.

How have Duquesne Light Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Duquesne Light Company's sponsor-wide assets grew 5.1%, from $1.1B to $1.1B.

Where does Duquesne Light Company Defined Benefit Retirement Plan rank by assets among Form 5500 filers? ▼

Duquesne Light Company Defined Benefit Retirement Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Duquesne Light Company Defined Benefit Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan in MI ($893M, 6,733 participants).

Next read for Duquesne Light Company Defined Benefit R…

Filing takeaways

Ways to act on Duquesne Light Company Defined Benefit Retirement Plan's numbers.

By total assets, Duquesne Light Company Defined Benefit Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
Duquesne Light Company's sponsor-wide assets have grown 5.1% since 2022 across 3 plan years on file. More Utilities plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250451600.

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.