Defined Benefit (Pension) · DOL Form 5500 · 2024

Duquesne Light Company Pension Plan

Data updated 2026-08-25

$895M
Total assets Above avg plan size
327
Participants Below avg headcount
98th
Percentile by assets National rank
$2.7M
Avg per participant High balance/head
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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.

  • #633 in Utilities (732 peers)

Coverage in Pennsylvania

Duquesne Light Company Defined Benefit Retirement Plan covers 327 participants in Pennsylvania, about 40% of the average Pennsylvania filer (state average ~822 per filing). Assets: $895M.

#633
in Utilities (732 peers)
-3.2%
assets change YoY
9.0×
vs typical plan assets (national mean)

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's outsized position by total assets

Duquesne Light Company Defined Benefit Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$895,059,325 Top 2% higher than 98% of 123,620 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 2024

Duquesne Light Company Defined Benefit Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Duquesne Light Company Defined Benefit Retirement Plan sits mid-pack in the medium band (327 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Published 5500 schedule card

Filing strip 250451600 · Duquesne Light Company PY 2024 · Defined Benefit (Pension)

Duquesne Light Company Defined Benefit Retirement Plan · $895M · 327 · 98th

  • TYPE $895M
  • NET 327
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan
  • SCH ind #633

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 Pennsylvania →

Duquesne Light Company Defined Benefit Retirement Plan in the asset neighbourhood

The Goodyear Tire & Rubber Company Salaried Pension PlanThe Goodyear Tire & Rubber C…$900MDuquesne Light Company Defined Benefit Retirement PlanDuquesne Light Company Defin…$895MBlue Cross Blue Shield of Michigan Employees' Retirement Account PlanBlue Cross Blue Shield of Mi…$893MPermanente Physicians Retirement Plan for MapmgPermanente Physicians Retire…$893MCottage Health Pension Plan$890M
End-of-year total assets ($M) among Duquesne Light Company Defined Benefit Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$925M
Net Assets (End of Year)$885M
Net Income-$34M
Employer EIN250451600
Plan Effective Date1936-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Duquesne Light Company)

Sponsor-wide plan assets over time

All Duquesne Light Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 5.065403196525818% vs 2022
2024 filing year
$1.04B$1.06B$1.08B$1.1B$1.12B 202220232024 $1.05B $1.11B ▲ +5.7%
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 Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Duquesne Light Company Defined Benefit Retirement Plan, Total assets ($B): 0.895059325 · Participants: 327Duquesne Light Company Defined Benefit Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Duquesne Light Company Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Duquesne Light Company Defined Benefit Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan in MI ($893M); by covered participants it is Iubac - Local Union Officers & Employees Pension Plan in DC (327 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Duquesne Light Company Defined Benefit Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iubac - Local Union Officers & Employees Pension Plan in DC (327 participants, $147M in assets).