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Original filing (PDF)20251201163752NAL0005515459001
DUKE ENERGY CORPORATION
Form 5500
FILING_RECEIVED
DUKE ENERGY RETIREE HEALTH & WELFARE BENEFIT (FINANCED) PLANS
Health & welfare plan
Signals · 3
Late filing · 0.5 mo56% in single holding~128 bps in Sched C fees
Active participants
0
Accounts w/ balance
—
Plan assets (EOY)
$25.7M
Net assets (EOY)
$25.6M
How this plan invests
This plan
4 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
98
Concentration risk
75
Total plan cost
65
Vendor stack
100
Participation health
90
Knocking points off
- Filed 0.5 months past the 10.5-month grace window.
- Top holding "Mutual Equity Funds Mutual Fund" is 56% of plan.
- 128 bps in Schedule C fees — 341% above peer band of 29 bps.
- No active participants reported but plan still holds assets.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for DUKE ENERGY CORPORATION.
Plan sponsor
Name
DUKE ENERGY CORPORATION
EIN
20-2777218
Address
525 SOUTH TRYON STREET · CHARLOTTE, NC · 28202
Phone
(704) 382-4703
Industry
Utilitiessee all
Plan administrator
Name
DUKE ENERGY BENEFITS COMMITTEE
EIN
20-2777218
City
CHARLOTTE, NC
Phone
(704) 382-4703
Plan characteristics
Plan number
503
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-12-01
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
Audit & trust (Schedule H)
Auditor
MCCONNELL & JONES, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAccountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MCCONNELL & JONES | 76-0488832 | — | AUDITOR | $43K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UNITED HEALTHCARE | 36-2739571 | — | NONE | $222K | — |
| EXTEND HEALTH | 26-0775680 | — | NONE | $36K | — |
| STANDISH MELLON ASSET MANAGEMENT | 23-3094847 | — | NONE | $28K | — |
Investments
4 direct securities· $20.4M(79% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Mutual Equity Funds Mutual Fund | — | — | $8.5M | $11.4M | 44.5% | |
| Mutual Bond Funds Mutual Fund | — | — | $6.7M | $6.2M | 24.2% | |
| Cash Non-Interest Bearing Cash | — | — | $1.6M | $1.6M | 6.0% | |
| Non-proprietary funds (Cash) Money Market Fund | — | — | $1.2M | $1.2M | 4.7% |