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DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 401k Plan overview

Plan NameDUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN
Plan identification number 001

DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DUQUESNE LIGHT COMPANY has sponsored the creation of one or more 401k plans.

Company Name:DUQUESNE LIGHT COMPANY
Employer identification number (EIN):250451600
NAIC Classification:221100

Additional information about DUQUESNE LIGHT COMPANY

Jurisdiction of Incorporation: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE
Incorporation Date:
Company Identification Number: 100615

More information about DUQUESNE LIGHT COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01TODD FAULK
0012016-01-01TODD FAULK
0012015-01-01TODD W. FAULK
0012014-01-01JEFFREY CYPHER
0012014-01-01JEFFREY CYPHER
0012012-01-01JEFFREY CYPHER JEFFREY CYPHER2014-10-15
0012011-01-01JEFFREY CYPHER JEFFREY CYPHER2013-10-15
0012010-01-01MAUREEN MEEHAN MAUREEN MEEHAN2011-10-17
0012009-01-01MAUREEN MEEHAN MAUREEN MEEHAN2010-10-15

Plan Statistics for DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN

401k plan membership statisitcs for DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN

Measure Date Value
2023: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-014,091
Total number of active participants reported on line 7a of the Form 55002023-01-01327
Number of retired or separated participants receiving benefits2023-01-012,882
Number of other retired or separated participants entitled to future benefits2023-01-01150
Total of all active and inactive participants2023-01-013,359
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-01618
Total participants2023-01-013,977
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-311,187,521,981
Acturial value of plan assets2022-12-311,156,649,842
Funding target for retired participants and beneficiaries receiving payment2022-12-31779,443,806
Number of terminated vested participants2022-12-31192
Fundng target for terminated vested participants2022-12-3119,186,886
Active participant vested funding target2022-12-31112,856,858
Number of active participants2022-12-31396
Total funding liabilities for active participants2022-12-31114,247,279
Total participant count2022-12-314,247
Total funding target for all participants2022-12-31912,877,971
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31158,996,507
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31158,996,507
Present value of excess contributions2022-12-319,128,422
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-319,632,311
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-319,632,311
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31178,359,404
Total employer contributions2022-12-3110,000,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-319,152,111
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-316,480,231
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-319,152,111
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-014,164
Total number of active participants reported on line 7a of the Form 55002022-01-01336
Number of retired or separated participants receiving benefits2022-01-012,898
Number of other retired or separated participants entitled to future benefits2022-01-01184
Total of all active and inactive participants2022-01-013,418
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01673
Total participants2022-01-014,091
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-311,181,998,384
Acturial value of plan assets2021-12-311,082,050,816
Funding target for retired participants and beneficiaries receiving payment2021-12-31769,530,223
Number of terminated vested participants2021-12-31211
Fundng target for terminated vested participants2021-12-3120,965,443
Active participant vested funding target2021-12-31122,397,567
Number of active participants2021-12-31443
Total funding liabilities for active participants2021-12-31123,728,517
Total participant count2021-12-314,319
Total funding target for all participants2021-12-31914,224,183
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31146,689,343
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3116,591,723
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31130,097,620
Present value of excess contributions2021-12-319,397,473
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3110,711,240
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3110,711,240
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31158,996,507
Total employer contributions2021-12-3110,000,000
Total employee contributions2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-319,128,422
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-317,014,730
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-319,128,422
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-014,237
Total number of active participants reported on line 7a of the Form 55002021-01-01396
Number of retired or separated participants receiving benefits2021-01-012,965
Number of other retired or separated participants entitled to future benefits2021-01-01182
Total of all active and inactive participants2021-01-013,543
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01621
Total participants2021-01-014,164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-311,098,040,230
Acturial value of plan assets2020-12-311,050,774,358
Funding target for retired participants and beneficiaries receiving payment2020-12-31780,323,075
Number of terminated vested participants2020-12-31241
Fundng target for terminated vested participants2020-12-3126,397,237
Active participant vested funding target2020-12-31140,890,710
Number of active participants2020-12-31495
Total funding liabilities for active participants2020-12-31142,183,685
Total participant count2020-12-314,404
Total funding target for all participants2020-12-31948,903,997
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31132,696,151
Prefunding balanced used to offset prior years funding requirement2020-12-3119,279,949
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31113,416,202
Present value of excess contributions2020-12-319,141,525
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3110,941,491
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-3110,941,491
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31146,689,343
Total employer contributions2020-12-3110,000,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-319,397,473
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-317,713,988
Net shortfall amortization installment of oustanding balance2020-12-3144,818,982
Total funding amount beforereflecting carryover/prefunding balances2020-12-3116,591,723
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-3116,591,723
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-319,397,473
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-014,328
Total number of active participants reported on line 7a of the Form 55002020-01-01443
Number of retired or separated participants receiving benefits2020-01-012,987
Number of other retired or separated participants entitled to future benefits2020-01-01197
Total of all active and inactive participants2020-01-013,627
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01610
Total participants2020-01-014,237
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-31994,432,178
Acturial value of plan assets2019-12-311,045,690,461
Funding target for retired participants and beneficiaries receiving payment2019-12-31771,239,745
Number of terminated vested participants2019-12-31434
Fundng target for terminated vested participants2019-12-3151,140,005
Active participant vested funding target2019-12-31139,110,610
Number of active participants2019-12-31538
Total funding liabilities for active participants2019-12-31140,341,742
Total participant count2019-12-314,649
Total funding target for all participants2019-12-31962,721,492
Balance at beginning of prior year after applicable adjustments2019-12-31142,414
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31138,399,513
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-31142,414
Prefunding balanced used to offset prior years funding requirement2019-12-318,695,597
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31129,703,916
Present value of excess contributions2019-12-319,116,688
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-318,740,770
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-318,738,118
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31132,696,151
Total employer contributions2019-12-3110,000,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-319,141,525
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3110,644,528
Net shortfall amortization installment of oustanding balance2019-12-3149,727,182
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3119,279,949
Prefunding balance elected to use to offset funding requirement2019-12-3119,279,949
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-319,141,525
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-014,579
Total number of active participants reported on line 7a of the Form 55002019-01-01495
Number of retired or separated participants receiving benefits2019-01-013,021
Number of other retired or separated participants entitled to future benefits2019-01-01226
Total of all active and inactive participants2019-01-013,742
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01586
Total participants2019-01-014,328
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-311,099,060,601
Acturial value of plan assets2018-12-311,045,764,594
Funding target for retired participants and beneficiaries receiving payment2018-12-31725,507,783
Number of terminated vested participants2018-12-31488
Fundng target for terminated vested participants2018-12-3154,294,912
Active participant vested funding target2018-12-31154,778,730
Number of active participants2018-12-31596
Total funding liabilities for active participants2018-12-31156,042,436
Total participant count2018-12-314,731
Total funding target for all participants2018-12-31935,845,131
Balance at beginning of prior year after applicable adjustments2018-12-31124,184
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3137,156,011
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-31124,184
Amount remaining of prefunding balance2018-12-3137,156,011
Present value of excess contributions2018-12-31107,271,424
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31113,493,167
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3195,789,000
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-31142,414
Balance of prefunding at beginning of current year2018-12-31138,399,513
Total employer contributions2018-12-3115,140,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3114,213,306
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-319,262,016
Net shortfall amortization installment of oustanding balance2018-12-3128,622,464
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3113,934,629
Carryover balance elected to use to offset funding requirement2018-12-31142,414
Prefunding balance elected to use to offset funding requirement2018-12-318,695,597
Additional cash requirement2018-12-315,096,618
Contributions allocatedtoward minimum required contributions for current year2018-12-3114,213,306
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-014,666
Total number of active participants reported on line 7a of the Form 55002018-01-01538
Number of retired or separated participants receiving benefits2018-01-013,014
Number of other retired or separated participants entitled to future benefits2018-01-01419
Total of all active and inactive participants2018-01-013,971
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01608
Total participants2018-01-014,579
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-31914,141,664
Acturial value of plan assets2017-12-31930,121,044
Funding target for retired participants and beneficiaries receiving payment2017-12-31691,856,910
Number of terminated vested participants2017-12-31528
Fundng target for terminated vested participants2017-12-3160,292,587
Active participant vested funding target2017-12-31165,284,572
Number of active participants2017-12-31672
Total funding liabilities for active participants2017-12-31166,539,374
Total participant count2017-12-314,785
Total funding target for all participants2017-12-31918,688,871
Balance at beginning of prior year after applicable adjustments2017-12-31115,049
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Amount remaining of carryover balance2017-12-31115,049
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3135,059,456
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3137,156,011
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3137,156,011
Balance of carryovers at beginning of current year2017-12-31124,184
Balance of prefunding at beginning of current year2017-12-3137,156,011
Total employer contributions2017-12-31122,860,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31117,632,423
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3110,360,999
Total funding amount beforereflecting carryover/prefunding balances2017-12-3110,360,999
Additional cash requirement2017-12-3110,360,999
Contributions allocatedtoward minimum required contributions for current year2017-12-31117,632,423
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-014,706
Total number of active participants reported on line 7a of the Form 55002017-01-01596
Number of retired or separated participants receiving benefits2017-01-012,979
Number of other retired or separated participants entitled to future benefits2017-01-01479
Total of all active and inactive participants2017-01-014,054
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01612
Total participants2017-01-014,666
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-31875,824,982
Acturial value of plan assets2016-12-31910,150,677
Funding target for retired participants and beneficiaries receiving payment2016-12-31654,930,756
Number of terminated vested participants2016-12-31569
Fundng target for terminated vested participants2016-12-3163,870,562
Active participant vested funding target2016-12-31181,951,757
Number of active participants2016-12-31769
Total funding liabilities for active participants2016-12-31183,254,477
Total participant count2016-12-314,842
Total funding target for all participants2016-12-31902,055,795
Balance at beginning of prior year after applicable adjustments2016-12-31115,965
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Amount remaining of carryover balance2016-12-31115,965
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-31115,049
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-3140,000,000
Total employee contributions2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3138,042,064
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3110,962,441
Total funding amount beforereflecting carryover/prefunding balances2016-12-312,982,608
Additional cash requirement2016-12-312,982,608
Contributions allocatedtoward minimum required contributions for current year2016-12-3138,042,064
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-014,842
Total number of active participants reported on line 7a of the Form 55002016-01-01672
Number of retired or separated participants receiving benefits2016-01-012,916
Number of other retired or separated participants entitled to future benefits2016-01-01513
Total of all active and inactive participants2016-01-014,101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01605
Total participants2016-01-014,706
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014,933
Total number of active participants reported on line 7a of the Form 55002015-01-01769
Number of retired or separated participants receiving benefits2015-01-013,504
Number of other retired or separated participants entitled to future benefits2015-01-01569
Total of all active and inactive participants2015-01-014,842
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-013
Total participants2015-01-014,845
2014: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-015,475
Total number of active participants reported on line 7a of the Form 55002014-01-01861
Number of retired or separated participants receiving benefits2014-01-012,767
Number of other retired or separated participants entitled to future benefits2014-01-01615
Total of all active and inactive participants2014-01-014,243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-01637
Total participants2014-01-014,880
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2012: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-015,646
Total number of active participants reported on line 7a of the Form 55002012-01-011,004
Number of retired or separated participants receiving benefits2012-01-012,487
Number of other retired or separated participants entitled to future benefits2012-01-011,437
Total of all active and inactive participants2012-01-014,928
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01644
Total participants2012-01-015,572
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-015,709
Total number of active participants reported on line 7a of the Form 55002011-01-011,045
Number of retired or separated participants receiving benefits2011-01-012,496
Number of other retired or separated participants entitled to future benefits2011-01-011,437
Total of all active and inactive participants2011-01-014,978
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01668
Total participants2011-01-015,646
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-015,740
Total number of active participants reported on line 7a of the Form 55002010-01-011,101
Number of retired or separated participants receiving benefits2010-01-012,403
Number of other retired or separated participants entitled to future benefits2010-01-011,547
Total of all active and inactive participants2010-01-015,051
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-01658
Total participants2010-01-015,709
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-015
2009: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-015,813
Total number of active participants reported on line 7a of the Form 55002009-01-011,122
Number of retired or separated participants receiving benefits2009-01-012,298
Number of other retired or separated participants entitled to future benefits2009-01-011,655
Total of all active and inactive participants2009-01-015,075
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01665
Total participants2009-01-015,740
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN

Measure Date Value
2023 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$12,991,322
Total unrealized appreciation/depreciation of assets2023-12-31$12,991,322
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$5,465,425
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$19,754,446
Total income from all sources (including contributions)2023-12-31$107,676,548
Total loss/gain on sale of assets2023-12-31$-943,175
Total of all expenses incurred2023-12-31$78,186,702
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$73,234,096
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$10,000,000
Value of total assets at end of year2023-12-31$924,523,338
Value of total assets at beginning of year2023-12-31$909,322,513
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$4,952,606
Total interest from all sources2023-12-31$14,514,573
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$1,470,244
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$1,469,054
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-12-31$20,336
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-12-31$19,376
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Assets. Other investments not covered elsewhere at end of year2023-12-31$18,392,451
Assets. Other investments not covered elsewhere at beginning of year2023-12-31$18,218,399
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$9,551,747
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$23,375,161
Other income not declared elsewhere2023-12-31$35,472
Administrative expenses (other) incurred2023-12-31$3,325,803
Liabilities. Value of operating payables at end of year2023-12-31$5,465,425
Liabilities. Value of operating payables at beginning of year2023-12-31$19,754,446
Total non interest bearing cash at end of year2023-12-31$192,149
Total non interest bearing cash at beginning of year2023-12-31$49,562
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$29,489,846
Value of net assets at end of year (total assets less liabilities)2023-12-31$919,057,913
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$889,568,067
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Assets. partnership/joint venture interests at end of year2023-12-31$3,270,497
Assets. partnership/joint venture interests at beginning of year2023-12-31$4,775,450
Investment advisory and management fees2023-12-31$1,436,746
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$79,423,676
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$78,312,151
Interest earned on other investments2023-12-31$984,730
Income. Interest from US Government securities2023-12-31$4,372,846
Income. Interest from corporate debt instruments2023-12-31$9,129,517
Value of interest in common/collective trusts at end of year2023-12-31$446,655,149
Value of interest in common/collective trusts at beginning of year2023-12-31$429,537,599
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$160,436
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$1,098,689
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$1,098,689
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$27,480
Asset value of US Government securities at end of year2023-12-31$159,055,699
Asset value of US Government securities at beginning of year2023-12-31$156,110,324
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$7,240,562
Net investment gain or loss from common/collective trusts2023-12-31$62,367,550
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31Yes
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$10,000,000
Employer contributions (assets) at end of year2023-12-31$10,000,000
Employer contributions (assets) at beginning of year2023-12-31$10,000,000
Income. Dividends from preferred stock2023-12-31$1,190
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$73,234,096
Asset. Corporate debt instrument preferred debt at end of year2023-12-31$196,526,367
Asset. Corporate debt instrument preferred debt at beginning of year2023-12-31$188,159,140
Asset. Corporate debt instrument debt (other) at end of year2023-12-31$1,274,831
Asset. Corporate debt instrument debt (other) at beginning of year2023-12-31$-333,338
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Aggregate proceeds on sale of assets2023-12-31$617,445,988
Aggregate carrying amount (costs) on sale of assets2023-12-31$618,389,163
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31BAKER TILLY US, LLP
Accountancy firm EIN2023-12-31391413443
2022 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets2022-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-78,079,209
Total unrealized appreciation/depreciation of assets2022-12-31$-78,079,209
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$19,754,446
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$10,883,244
Total income from all sources (including contributions)2022-12-31$-219,664,432
Total loss/gain on sale of assets2022-12-31$-36,205,317
Total of all expenses incurred2022-12-31$75,914,031
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$73,424,326
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$10,000,000
Value of total assets at end of year2022-12-31$909,322,513
Value of total assets at beginning of year2022-12-31$1,196,029,774
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,489,705
Total income from rents2022-12-31$0
Total interest from all sources2022-12-31$13,621,208
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,402,940
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,409,148
Administrative expenses professional fees incurred2022-12-31$201,507
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-12-31$19,376
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Assets. Other investments not covered elsewhere at end of year2022-12-31$18,218,399
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$25,349,200
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$23,375,161
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$11,195,633
Other income not declared elsewhere2022-12-31$60,647
Administrative expenses (other) incurred2022-12-31$892,293
Liabilities. Value of operating payables at end of year2022-12-31$19,754,446
Liabilities. Value of operating payables at beginning of year2022-12-31$10,883,244
Total non interest bearing cash at end of year2022-12-31$49,562
Total non interest bearing cash at beginning of year2022-12-31$916,263
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-295,578,463
Value of net assets at end of year (total assets less liabilities)2022-12-31$889,568,067
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,185,146,530
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Assets. partnership/joint venture interests at end of year2022-12-31$4,775,450
Assets. partnership/joint venture interests at beginning of year2022-12-31$6,905,103
Investment advisory and management fees2022-12-31$1,395,905
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$78,312,151
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$115,694,696
Interest on participant loans2022-12-31$0
Income. Interest from loans (other than to participants)2022-12-31$0
Interest earned on other investments2022-12-31$962,964
Income. Interest from US Government securities2022-12-31$4,264,759
Income. Interest from corporate debt instruments2022-12-31$8,392,381
Value of interest in common/collective trusts at end of year2022-12-31$429,537,599
Value of interest in common/collective trusts at beginning of year2022-12-31$604,126,859
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$1,098,689
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$1,133,384
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$1,133,384
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$1,104
Asset value of US Government securities at end of year2022-12-31$156,110,324
Asset value of US Government securities at beginning of year2022-12-31$193,227,117
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-13,925,441
Net investment gain or loss from common/collective trusts2022-12-31$-116,539,260
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$10,000,000
Employer contributions (assets) at end of year2022-12-31$10,000,000
Employer contributions (assets) at beginning of year2022-12-31$10,000,000
Income. Dividends from preferred stock2022-12-31$344
Income. Dividends from common stock2022-12-31$-6,552
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$73,424,326
Asset. Corporate debt instrument preferred debt at end of year2022-12-31$188,159,140
Asset. Corporate debt instrument preferred debt at beginning of year2022-12-31$228,029,529
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$-333,338
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$-548,010
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$454,715,694
Aggregate carrying amount (costs) on sale of assets2022-12-31$490,921,011
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BAKER TILLY US, LLP
Accountancy firm EIN2022-12-31390859910
2021 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-15,709,498
Total unrealized appreciation/depreciation of assets2021-12-31$-15,709,498
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$10,883,244
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$5,408,918
Total income from all sources (including contributions)2021-12-31$79,070,372
Total loss/gain on sale of assets2021-12-31$-4,807,060
Total of all expenses incurred2021-12-31$76,449,949
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$73,458,618
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$10,000,000
Value of total assets at end of year2021-12-31$1,196,029,774
Value of total assets at beginning of year2021-12-31$1,187,935,025
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,991,331
Total interest from all sources2021-12-31$11,790,131
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,676,996
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$2,676,996
Administrative expenses professional fees incurred2021-12-31$259,827
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2021-12-31$690,638
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Assets. Other investments not covered elsewhere at end of year2021-12-31$25,349,200
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$25,481,375
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$11,195,633
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$5,910,407
Other income not declared elsewhere2021-12-31$326,104
Administrative expenses (other) incurred2021-12-31$666,584
Liabilities. Value of operating payables at end of year2021-12-31$10,883,244
Liabilities. Value of operating payables at beginning of year2021-12-31$5,408,918
Total non interest bearing cash at end of year2021-12-31$916,263
Total non interest bearing cash at beginning of year2021-12-31$221,969
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,620,423
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,185,146,530
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,182,526,107
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Assets. partnership/joint venture interests at end of year2021-12-31$6,905,103
Assets. partnership/joint venture interests at beginning of year2021-12-31$9,499,174
Investment advisory and management fees2021-12-31$2,064,920
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$115,694,696
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$126,011,153
Interest earned on other investments2021-12-31$895,460
Income. Interest from US Government securities2021-12-31$3,526,941
Income. Interest from corporate debt instruments2021-12-31$7,368,184
Value of interest in common/collective trusts at end of year2021-12-31$604,126,859
Value of interest in common/collective trusts at beginning of year2021-12-31$609,138,818
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,133,384
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$484,809
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$484,809
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$-454
Asset value of US Government securities at end of year2021-12-31$193,227,117
Asset value of US Government securities at beginning of year2021-12-31$189,862,106
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$9,430,658
Net investment gain or loss from common/collective trusts2021-12-31$65,363,041
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$10,000,000
Employer contributions (assets) at end of year2021-12-31$10,000,000
Employer contributions (assets) at beginning of year2021-12-31$10,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$73,458,618
Asset. Corporate debt instrument preferred debt at end of year2021-12-31$228,029,529
Asset. Corporate debt instrument preferred debt at beginning of year2021-12-31$109,315,553
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$-548,010
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$101,319,023
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$523,926,383
Aggregate carrying amount (costs) on sale of assets2021-12-31$528,733,443
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BAKER TILLY US, LLP
Accountancy firm EIN2021-12-31390859910
2020 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$26,188,475
Total unrealized appreciation/depreciation of assets2020-12-31$26,188,475
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$5,408,918
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$7,092,466
Total income from all sources (including contributions)2020-12-31$160,740,945
Total loss/gain on sale of assets2020-12-31$7,297,818
Total of all expenses incurred2020-12-31$75,751,960
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$73,006,893
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$10,000,000
Value of total assets at end of year2020-12-31$1,187,935,025
Value of total assets at beginning of year2020-12-31$1,104,629,588
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$2,745,067
Total interest from all sources2020-12-31$12,954,381
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,997,558
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,997,558
Administrative expenses professional fees incurred2020-12-31$251,952
Assets. Corporate prefeered stocks other than exployer securities at end of year2020-12-31$690,638
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2020-12-31$688,275
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Assets. Other investments not covered elsewhere at end of year2020-12-31$25,481,375
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$26,268,183
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$5,910,407
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$10,321,828
Other income not declared elsewhere2020-12-31$5,373,956
Administrative expenses (other) incurred2020-12-31$887,386
Liabilities. Value of operating payables at end of year2020-12-31$5,408,918
Liabilities. Value of operating payables at beginning of year2020-12-31$7,092,466
Total non interest bearing cash at end of year2020-12-31$221,969
Total non interest bearing cash at beginning of year2020-12-31$507,763
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$84,988,985
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,182,526,107
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,097,537,122
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$9,499,174
Assets. partnership/joint venture interests at beginning of year2020-12-31$10,116,786
Investment advisory and management fees2020-12-31$1,605,729
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$126,011,153
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$126,103,319
Interest earned on other investments2020-12-31$968,916
Income. Interest from US Government securities2020-12-31$3,758,788
Income. Interest from corporate debt instruments2020-12-31$8,228,416
Value of interest in common/collective trusts at end of year2020-12-31$609,138,818
Value of interest in common/collective trusts at beginning of year2020-12-31$528,125,330
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$484,809
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$392,720
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$392,720
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$-1,739
Asset value of US Government securities at end of year2020-12-31$189,862,106
Asset value of US Government securities at beginning of year2020-12-31$168,239,079
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$11,099,578
Net investment gain or loss from common/collective trusts2020-12-31$85,829,179
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$10,000,000
Employer contributions (assets) at end of year2020-12-31$10,000,000
Employer contributions (assets) at beginning of year2020-12-31$10,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$73,006,893
Asset. Corporate debt instrument preferred debt at end of year2020-12-31$109,315,553
Asset. Corporate debt instrument preferred debt at beginning of year2020-12-31$115,027,809
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$101,319,023
Asset. Corporate debt instrument debt (other) at beginning of year2020-12-31$108,838,496
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$577,682,156
Aggregate carrying amount (costs) on sale of assets2020-12-31$570,384,338
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BAKER TILLY US, LLP
Accountancy firm EIN2020-12-31390859910
2019 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$23,833,286
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$23,833,286
Total unrealized appreciation/depreciation of assets2019-12-31$23,833,286
Total unrealized appreciation/depreciation of assets2019-12-31$23,833,286
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$7,092,466
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$7,092,466
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,125,558
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,125,558
Total income from all sources (including contributions)2019-12-31$196,756,175
Total income from all sources (including contributions)2019-12-31$196,756,175
Total loss/gain on sale of assets2019-12-31$28,045,164
Total loss/gain on sale of assets2019-12-31$28,045,164
Total of all expenses incurred2019-12-31$93,995,790
Total of all expenses incurred2019-12-31$93,995,790
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$88,603,673
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$88,603,673
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$10,000,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$10,000,000
Value of total assets at end of year2019-12-31$1,104,629,588
Value of total assets at end of year2019-12-31$1,104,629,588
Value of total assets at beginning of year2019-12-31$997,902,295
Value of total assets at beginning of year2019-12-31$997,902,295
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,392,117
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,392,117
Total interest from all sources2019-12-31$15,977,665
Total interest from all sources2019-12-31$15,977,665
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$2,483,287
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$2,483,287
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$2,482,865
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$2,482,865
Administrative expenses professional fees incurred2019-12-31$413,360
Administrative expenses professional fees incurred2019-12-31$413,360
Assets. Corporate prefeered stocks other than exployer securities at end of year2019-12-31$688,275
Assets. Corporate prefeered stocks other than exployer securities at end of year2019-12-31$688,275
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2019-12-31$110,927
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2019-12-31$110,927
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
Value of fidelity bond cover2019-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Assets. Other investments not covered elsewhere at end of year2019-12-31$26,268,183
Assets. Other investments not covered elsewhere at end of year2019-12-31$26,268,183
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$26,570,515
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$26,570,515
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$10,321,828
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$10,321,828
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$6,718,145
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$6,718,145
Other income not declared elsewhere2019-12-31$2,743,508
Other income not declared elsewhere2019-12-31$2,743,508
Administrative expenses (other) incurred2019-12-31$3,363,998
Administrative expenses (other) incurred2019-12-31$3,363,998
Liabilities. Value of operating payables at end of year2019-12-31$7,092,466
Liabilities. Value of operating payables at end of year2019-12-31$7,092,466
Liabilities. Value of operating payables at beginning of year2019-12-31$3,125,558
Liabilities. Value of operating payables at beginning of year2019-12-31$3,125,558
Total non interest bearing cash at end of year2019-12-31$507,763
Total non interest bearing cash at end of year2019-12-31$507,763
Total non interest bearing cash at beginning of year2019-12-31$-69
Total non interest bearing cash at beginning of year2019-12-31$-69
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$102,760,385
Value of net income/loss2019-12-31$102,760,385
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,097,537,122
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,097,537,122
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$994,776,737
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$994,776,737
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. partnership/joint venture interests at end of year2019-12-31$10,116,786
Assets. partnership/joint venture interests at end of year2019-12-31$10,116,786
Assets. partnership/joint venture interests at beginning of year2019-12-31$16,515,935
Assets. partnership/joint venture interests at beginning of year2019-12-31$16,515,935
Investment advisory and management fees2019-12-31$1,614,759
Investment advisory and management fees2019-12-31$1,614,759
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$126,103,319
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$126,103,319
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$120,001,071
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$120,001,071
Interest earned on other investments2019-12-31$1,146,499
Interest earned on other investments2019-12-31$1,146,499
Income. Interest from US Government securities2019-12-31$4,531,231
Income. Interest from US Government securities2019-12-31$4,531,231
Income. Interest from corporate debt instruments2019-12-31$10,301,706
Income. Interest from corporate debt instruments2019-12-31$10,301,706
Value of interest in common/collective trusts at end of year2019-12-31$528,125,330
Value of interest in common/collective trusts at end of year2019-12-31$528,125,330
Value of interest in common/collective trusts at beginning of year2019-12-31$409,806,129
Value of interest in common/collective trusts at beginning of year2019-12-31$409,806,129
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$392,720
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$392,720
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$422,938
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$422,938
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$422,938
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$422,938
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$-1,771
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$-1,771
Asset value of US Government securities at end of year2019-12-31$168,239,079
Asset value of US Government securities at end of year2019-12-31$168,239,079
Asset value of US Government securities at beginning of year2019-12-31$162,791,730
Asset value of US Government securities at beginning of year2019-12-31$162,791,730
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$16,392,169
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$16,392,169
Net investment gain or loss from common/collective trusts2019-12-31$97,281,096
Net investment gain or loss from common/collective trusts2019-12-31$97,281,096
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$10,000,000
Contributions received in cash from employer2019-12-31$10,000,000
Employer contributions (assets) at end of year2019-12-31$10,000,000
Employer contributions (assets) at end of year2019-12-31$10,000,000
Employer contributions (assets) at beginning of year2019-12-31$10,000,000
Employer contributions (assets) at beginning of year2019-12-31$10,000,000
Income. Dividends from preferred stock2019-12-31$422
Income. Dividends from preferred stock2019-12-31$422
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$88,603,673
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$88,603,673
Asset. Corporate debt instrument preferred debt at end of year2019-12-31$115,027,809
Asset. Corporate debt instrument preferred debt at end of year2019-12-31$115,027,809
Asset. Corporate debt instrument preferred debt at beginning of year2019-12-31$119,715,995
Asset. Corporate debt instrument preferred debt at beginning of year2019-12-31$119,715,995
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$108,838,496
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$108,838,496
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$125,248,979
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$125,248,979
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$662,387,455
Aggregate proceeds on sale of assets2019-12-31$662,387,455
Aggregate carrying amount (costs) on sale of assets2019-12-31$634,342,291
Aggregate carrying amount (costs) on sale of assets2019-12-31$634,342,291
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BAKER TILLY US, LLP
Accountancy firm name2019-12-31BAKER TILLY US, LLP
Accountancy firm EIN2019-12-31390859910
Accountancy firm EIN2019-12-31390859910
2018 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-15,214,234
Total unrealized appreciation/depreciation of assets2018-12-31$-15,214,234
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$3,125,558
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,215,986
Expenses. Interest paid2018-12-31$33,842
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$33,842
Total income from all sources (including contributions)2018-12-31$-29,506,688
Total loss/gain on sale of assets2018-12-31$-25,724,626
Total of all expenses incurred2018-12-31$74,238,992
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$70,363,113
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$15,140,000
Value of total assets at end of year2018-12-31$997,902,295
Value of total assets at beginning of year2018-12-31$1,099,738,403
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$3,842,037
Total interest from all sources2018-12-31$17,202,300
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$2,534,839
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$2,526,268
Administrative expenses professional fees incurred2018-12-31$315,913
Assets. Corporate prefeered stocks other than exployer securities at end of year2018-12-31$110,927
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2018-12-31$315,324
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Assets. Other investments not covered elsewhere at end of year2018-12-31$26,570,515
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$26,163,382
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$6,718,145
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$3,933,274
Other income not declared elsewhere2018-12-31$145,089
Administrative expenses (other) incurred2018-12-31$2,008,225
Liabilities. Value of operating payables at end of year2018-12-31$3,125,558
Liabilities. Value of operating payables at beginning of year2018-12-31$1,215,986
Total non interest bearing cash at end of year2018-12-31$-69
Total non interest bearing cash at beginning of year2018-12-31$496
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-103,745,680
Value of net assets at end of year (total assets less liabilities)2018-12-31$994,776,737
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,098,522,417
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Assets. partnership/joint venture interests at end of year2018-12-31$16,515,935
Assets. partnership/joint venture interests at beginning of year2018-12-31$27,907,712
Investment advisory and management fees2018-12-31$1,517,899
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$120,001,071
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$200,860,882
Interest earned on other investments2018-12-31$1,330,592
Income. Interest from US Government securities2018-12-31$4,173,673
Income. Interest from corporate debt instruments2018-12-31$11,698,640
Value of interest in common/collective trusts at end of year2018-12-31$409,806,129
Value of interest in common/collective trusts at beginning of year2018-12-31$469,343,032
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$422,938
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$558,533
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$558,533
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$-605
Asset value of US Government securities at end of year2018-12-31$162,791,730
Asset value of US Government securities at beginning of year2018-12-31$118,551,644
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-9,053,970
Net investment gain or loss from common/collective trusts2018-12-31$-14,536,086
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$15,140,000
Employer contributions (assets) at end of year2018-12-31$10,000,000
Employer contributions (assets) at beginning of year2018-12-31$17,860,000
Income. Dividends from preferred stock2018-12-31$8,571
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$70,363,113
Asset. Corporate debt instrument preferred debt at end of year2018-12-31$119,715,995
Asset. Corporate debt instrument preferred debt at beginning of year2018-12-31$108,278,798
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$125,248,979
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$125,965,326
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$867,996,023
Aggregate carrying amount (costs) on sale of assets2018-12-31$893,720,649
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2018-12-31390859910
2017 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$10,758,436
Total unrealized appreciation/depreciation of assets2017-12-31$10,758,436
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$1,215,986
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$503,381
Total income from all sources (including contributions)2017-12-31$258,830,115
Total loss/gain on sale of assets2017-12-31$8,547,452
Total of all expenses incurred2017-12-31$73,176,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$68,144,388
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$122,860,000
Value of total assets at end of year2017-12-31$1,099,738,403
Value of total assets at beginning of year2017-12-31$913,371,949
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$5,031,878
Total interest from all sources2017-12-31$12,802,908
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$3,694,189
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$3,692,954
Administrative expenses professional fees incurred2017-12-31$226,014
Assets. Corporate prefeered stocks other than exployer securities at end of year2017-12-31$315,324
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Assets. Other investments not covered elsewhere at end of year2017-12-31$26,163,382
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$11,956,239
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$3,933,274
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$2,439,181
Other income not declared elsewhere2017-12-31$312,724
Administrative expenses (other) incurred2017-12-31$3,480,638
Liabilities. Value of operating payables at end of year2017-12-31$1,215,986
Liabilities. Value of operating payables at beginning of year2017-12-31$503,381
Total non interest bearing cash at end of year2017-12-31$496
Total non interest bearing cash at beginning of year2017-12-31$2,934
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$185,653,849
Value of net assets at end of year (total assets less liabilities)2017-12-31$1,098,522,417
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$912,868,568
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Assets. partnership/joint venture interests at end of year2017-12-31$27,907,712
Assets. partnership/joint venture interests at beginning of year2017-12-31$33,039,027
Investment advisory and management fees2017-12-31$1,325,226
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$200,860,882
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$185,986,911
Interest earned on other investments2017-12-31$847,256
Income. Interest from US Government securities2017-12-31$3,519,973
Income. Interest from corporate debt instruments2017-12-31$8,437,649
Value of interest in common/collective trusts at end of year2017-12-31$469,343,032
Value of interest in common/collective trusts at beginning of year2017-12-31$443,279,516
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$558,533
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$1,008,491
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$1,008,491
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$-1,970
Asset value of US Government securities at end of year2017-12-31$118,551,644
Asset value of US Government securities at beginning of year2017-12-31$87,801,430
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$28,811,274
Net investment gain or loss from common/collective trusts2017-12-31$71,043,132
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$122,860,000
Employer contributions (assets) at end of year2017-12-31$17,860,000
Income. Dividends from preferred stock2017-12-31$3,322
Income. Dividends from common stock2017-12-31$-2,087
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$68,144,388
Asset. Corporate debt instrument preferred debt at end of year2017-12-31$108,278,798
Asset. Corporate debt instrument preferred debt at beginning of year2017-12-31$64,265,882
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$125,965,326
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$83,592,338
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$543,573,486
Aggregate carrying amount (costs) on sale of assets2017-12-31$535,026,034
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2017-12-31390859910
2016 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-3,341,573
Total unrealized appreciation/depreciation of assets2016-12-31$-3,341,573
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$503,381
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$534,129
Total income from all sources (including contributions)2016-12-31$107,741,547
Total loss/gain on sale of assets2016-12-31$6,675,343
Total of all expenses incurred2016-12-31$70,380,660
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$65,941,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$40,000,000
Value of total assets at end of year2016-12-31$913,371,949
Value of total assets at beginning of year2016-12-31$876,041,810
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$4,439,236
Total interest from all sources2016-12-31$10,478,330
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$3,332,024
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$3,333,856
Administrative expenses professional fees incurred2016-12-31$153,707
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Assets. Other investments not covered elsewhere at end of year2016-12-31$11,956,239
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$11,905,642
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$2,439,181
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$2,181,715
Other income not declared elsewhere2016-12-31$370,160
Administrative expenses (other) incurred2016-12-31$3,121,792
Liabilities. Value of operating payables at end of year2016-12-31$503,381
Liabilities. Value of operating payables at beginning of year2016-12-31$534,129
Total non interest bearing cash at end of year2016-12-31$2,934
Total non interest bearing cash at beginning of year2016-12-31$-1,548
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$37,360,887
Value of net assets at end of year (total assets less liabilities)2016-12-31$912,868,568
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$875,507,681
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$33,039,027
Assets. partnership/joint venture interests at beginning of year2016-12-31$40,938,131
Investment advisory and management fees2016-12-31$1,163,737
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$185,986,911
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$162,197,922
Interest earned on other investments2016-12-31$626,327
Income. Interest from US Government securities2016-12-31$3,403,410
Income. Interest from corporate debt instruments2016-12-31$6,448,734
Value of interest in common/collective trusts at end of year2016-12-31$443,279,516
Value of interest in common/collective trusts at beginning of year2016-12-31$392,983,066
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$1,008,491
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$264,552
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$264,552
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$-141
Asset value of US Government securities at end of year2016-12-31$87,801,430
Asset value of US Government securities at beginning of year2016-12-31$140,538,084
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$11,930,814
Net investment gain or loss from common/collective trusts2016-12-31$38,296,449
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$40,000,000
Income. Dividends from common stock2016-12-31$-1,832
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$65,941,424
Asset. Corporate debt instrument preferred debt at end of year2016-12-31$64,265,882
Asset. Corporate debt instrument preferred debt at beginning of year2016-12-31$58,224,203
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$83,592,338
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$66,546,793
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$263,250
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$198,439,791
Aggregate carrying amount (costs) on sale of assets2016-12-31$191,764,448
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2016-12-31390859910
2015 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-15,735,437
Total unrealized appreciation/depreciation of assets2015-12-31$-15,735,437
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$534,129
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$4,301,643
Total income from all sources (including contributions)2015-12-31$-6,011,773
Total loss/gain on sale of assets2015-12-31$3,092,621
Total of all expenses incurred2015-12-31$67,958,026
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$63,235,855
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$0
Value of total assets at end of year2015-12-31$876,041,810
Value of total assets at beginning of year2015-12-31$953,779,123
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$4,722,171
Total interest from all sources2015-12-31$9,632,993
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$3,186,462
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$3,186,607
Assets. Real estate other than employer real property at beginning of year2015-12-31$0
Administrative expenses professional fees incurred2015-12-31$206,220
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2015-12-31$0
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Participant contributions at beginning of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$0
Assets. Other investments not covered elsewhere at end of year2015-12-31$11,905,642
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$5,484,889
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$2,181,715
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$3,509,611
Assets. Loans (other than to participants) at beginning of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Other income not declared elsewhere2015-12-31$250,926
Administrative expenses (other) incurred2015-12-31$2,935,929
Liabilities. Value of operating payables at end of year2015-12-31$534,129
Liabilities. Value of operating payables at beginning of year2015-12-31$4,301,643
Total non interest bearing cash at end of year2015-12-31$-1,548
Total non interest bearing cash at beginning of year2015-12-31$-6,652
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-73,969,799
Value of net assets at end of year (total assets less liabilities)2015-12-31$875,507,681
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$949,477,480
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Assets. partnership/joint venture interests at end of year2015-12-31$40,938,131
Assets. partnership/joint venture interests at beginning of year2015-12-31$48,708,833
Investment advisory and management fees2015-12-31$1,580,022
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$162,197,922
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$255,874,512
Interest earned on other investments2015-12-31$448,048
Income. Interest from US Government securities2015-12-31$4,368,317
Income. Interest from corporate debt instruments2015-12-31$4,816,679
Value of interest in master investment trust accounts at beginning of year2015-12-31$0
Value of interest in common/collective trusts at end of year2015-12-31$392,983,066
Value of interest in common/collective trusts at beginning of year2015-12-31$430,857,172
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$264,552
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$357,419
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$357,419
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$-51
Assets. Value of investments in 103.12 investment entities at beginning of year2015-12-31$0
Asset value of US Government securities at end of year2015-12-31$140,538,084
Asset value of US Government securities at beginning of year2015-12-31$166,919,086
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-5,570,519
Net investment gain or loss from common/collective trusts2015-12-31$-868,819
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at beginning of year2015-12-31$0
Assets. Value of employer real property at beginning of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$0
Income. Dividends from common stock2015-12-31$-145
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$63,235,855
Asset. Corporate debt instrument preferred debt at end of year2015-12-31$58,224,203
Asset. Corporate debt instrument preferred debt at beginning of year2015-12-31$25,690,057
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$66,546,793
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$16,384,196
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$263,250
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2015-12-31$0
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$199,753,245
Aggregate carrying amount (costs) on sale of assets2015-12-31$196,660,624
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2015-12-31390859910
2014 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$17,058,887
Total unrealized appreciation/depreciation of assets2014-12-31$17,058,887
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$4,301,643
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$826,575
Expenses. Interest paid2014-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$0
Total income from all sources (including contributions)2014-12-31$103,772,682
Total loss/gain on sale of assets2014-12-31$92,188
Total of all expenses incurred2014-12-31$114,325,394
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$109,899,672
Expenses. Certain deemed distributions of participant loans2014-12-31$0
Value of total corrective distributions2014-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,932,000
Value of total assets at end of year2014-12-31$953,779,123
Value of total assets at beginning of year2014-12-31$960,856,767
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$4,425,722
Total income from rents2014-12-31$0
Total interest from all sources2014-12-31$6,941,582
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$9,172,145
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$9,171,441
Assets. Real estate other than employer real property at end of year2014-12-31$0
Assets. Real estate other than employer real property at beginning of year2014-12-31$0
Administrative expenses professional fees incurred2014-12-31$564,113
Assets. Corporate prefeered stocks other than exployer securities at end of year2014-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-12-31$0
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$0
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Assets. Other investments not covered elsewhere at end of year2014-12-31$5,484,889
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$2,317,549
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$3,509,611
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$1,247,128
Assets. Loans (other than to participants) at end of year2014-12-31$0
Assets. Loans (other than to participants) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$225,149
Administrative expenses (other) incurred2014-12-31$2,329,296
Liabilities. Value of operating payables at end of year2014-12-31$4,301,643
Liabilities. Value of operating payables at beginning of year2014-12-31$826,575
Total non interest bearing cash at end of year2014-12-31$-6,652
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Income. Non cash contributions2014-12-31$0
Value of net income/loss2014-12-31$-10,552,712
Value of net assets at end of year (total assets less liabilities)2014-12-31$949,477,480
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$960,030,192
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Assets. partnership/joint venture interests at end of year2014-12-31$48,708,833
Assets. partnership/joint venture interests at beginning of year2014-12-31$53,243,891
Investment advisory and management fees2014-12-31$1,532,313
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$255,874,512
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$278,227,051
Interest on participant loans2014-12-31$0
Income. Interest from loans (other than to participants)2014-12-31$0
Interest earned on other investments2014-12-31$160,304
Income. Interest from US Government securities2014-12-31$5,014,787
Income. Interest from corporate debt instruments2014-12-31$1,766,486
Value of interest in master investment trust accounts at end of year2014-12-31$0
Value of interest in master investment trust accounts at beginning of year2014-12-31$0
Value of interest in common/collective trusts at end of year2014-12-31$430,857,172
Value of interest in common/collective trusts at beginning of year2014-12-31$415,007,903
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$357,419
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$34,621
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$34,621
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$5
Assets. Value of investments in 103.12 investment entities at end of year2014-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2014-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$0
Asset value of US Government securities at end of year2014-12-31$166,919,086
Asset value of US Government securities at beginning of year2014-12-31$152,402,387
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$7,499,898
Net investment gain/loss from pooled separate accounts2014-12-31$0
Net investment gain or loss from common/collective trusts2014-12-31$60,850,833
Net gain/loss from 103.12 investment entities2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$0
Assets. Invements in employer securities at beginning of year2014-12-31$0
Assets. Value of employer real property at end of year2014-12-31$0
Assets. Value of employer real property at beginning of year2014-12-31$0
Contributions received in cash from employer2014-12-31$1,932,000
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$15,850,000
Income. Dividends from preferred stock2014-12-31$0
Income. Dividends from common stock2014-12-31$704
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$109,899,672
Asset. Corporate debt instrument preferred debt at end of year2014-12-31$25,690,057
Asset. Corporate debt instrument preferred debt at beginning of year2014-12-31$26,624,016
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$16,384,196
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$15,902,221
Contract administrator fees2014-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Liabilities. Value of benefit claims payable at end of year2014-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2014-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$74,695,382
Aggregate carrying amount (costs) on sale of assets2014-12-31$74,603,194
Liabilities. Value of acquisition indebtedness at end of year2014-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2014-12-31390859910
2013 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$-2,531,241
Total unrealized appreciation/depreciation of assets2013-12-31$-2,531,241
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$826,575
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$2,012,413
Total income from all sources (including contributions)2013-12-31$137,210,775
Total loss/gain on sale of assets2013-12-31$-13,945,158
Total of all expenses incurred2013-12-31$62,193,223
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$58,291,869
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$30,400,000
Value of total assets at end of year2013-12-31$960,856,767
Value of total assets at beginning of year2013-12-31$887,025,053
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$3,901,354
Total interest from all sources2013-12-31$11,830,880
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$5,859,008
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$5,797,731
Administrative expenses professional fees incurred2013-12-31$200,007
Assets. Corporate prefeered stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Assets. Other investments not covered elsewhere at end of year2013-12-31$2,317,549
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$17,012,866
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$1,247,128
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$2,828,926
Other income not declared elsewhere2013-12-31$397,585
Administrative expenses (other) incurred2013-12-31$2,249,263
Liabilities. Value of operating payables at end of year2013-12-31$826,575
Liabilities. Value of operating payables at beginning of year2013-12-31$2,012,413
Total non interest bearing cash at end of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$75,017,552
Value of net assets at end of year (total assets less liabilities)2013-12-31$960,030,192
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$885,012,640
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Assets. partnership/joint venture interests at end of year2013-12-31$53,243,891
Assets. partnership/joint venture interests at beginning of year2013-12-31$52,461,860
Investment advisory and management fees2013-12-31$1,452,084
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$278,227,051
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$191,564,444
Interest earned on other investments2013-12-31$731,412
Income. Interest from US Government securities2013-12-31$4,365,309
Income. Interest from corporate debt instruments2013-12-31$6,734,186
Value of interest in common/collective trusts at end of year2013-12-31$415,007,903
Value of interest in common/collective trusts at beginning of year2013-12-31$257,893,600
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$34,621
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$3,953
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$3,953
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$-27
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$23,950,762
Asset value of US Government securities at end of year2013-12-31$152,402,387
Asset value of US Government securities at beginning of year2013-12-31$117,497,583
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$26,010,055
Net investment gain/loss from pooled separate accounts2013-12-31$1,118,852
Net investment gain or loss from common/collective trusts2013-12-31$78,070,794
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$30,400,000
Employer contributions (assets) at end of year2013-12-31$15,850,000
Employer contributions (assets) at beginning of year2013-12-31$40,450,000
Income. Dividends from preferred stock2013-12-31$0
Income. Dividends from common stock2013-12-31$61,277
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$58,291,869
Asset. Corporate debt instrument preferred debt at end of year2013-12-31$26,624,016
Asset. Corporate debt instrument preferred debt at beginning of year2013-12-31$96,445,462
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$15,902,221
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$71,673,650
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$15,241,947
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$296,997,357
Aggregate carrying amount (costs) on sale of assets2013-12-31$310,942,515
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2013-12-31251408703
2012 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$19,384,844
Total unrealized appreciation/depreciation of assets2012-12-31$19,384,844
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$2,012,413
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,002,360
Total income from all sources (including contributions)2012-12-31$99,795,838
Total loss/gain on sale of assets2012-12-31$4,843,539
Total of all expenses incurred2012-12-31$60,803,920
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$56,189,191
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$59,521,000
Value of total assets at end of year2012-12-31$887,025,053
Value of total assets at beginning of year2012-12-31$789,911,739
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$4,614,729
Total interest from all sources2012-12-31$13,468,028
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$2,272,856
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$1,780,378
Administrative expenses professional fees incurred2012-12-31$233,455
Assets. Corporate prefeered stocks other than exployer securities at end of year2012-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2012-12-31$0
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$20,000,000
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Assets. Other investments not covered elsewhere at end of year2012-12-31$17,012,866
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$24,656,091
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$2,828,926
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$3,399,856
Other income not declared elsewhere2012-12-31$53,557
Administrative expenses (other) incurred2012-12-31$2,490,752
Liabilities. Value of operating payables at end of year2012-12-31$2,012,413
Liabilities. Value of operating payables at beginning of year2012-12-31$1,002,360
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$38,991,918
Value of net assets at end of year (total assets less liabilities)2012-12-31$885,012,640
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$788,909,379
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Assets. partnership/joint venture interests at end of year2012-12-31$52,461,860
Assets. partnership/joint venture interests at beginning of year2012-12-31$52,756,736
Investment advisory and management fees2012-12-31$1,890,522
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$191,564,444
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$81,575,277
Interest earned on other investments2012-12-31$892,591
Income. Interest from US Government securities2012-12-31$4,192,352
Income. Interest from corporate debt instruments2012-12-31$8,383,019
Value of interest in common/collective trusts at end of year2012-12-31$257,893,600
Value of interest in common/collective trusts at beginning of year2012-12-31$284,445,817
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$3,953
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$8,706,827
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$8,706,827
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$66
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$23,950,762
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$22,311,244
Asset value of US Government securities at end of year2012-12-31$117,497,583
Asset value of US Government securities at beginning of year2012-12-31$98,853,287
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$12,219,438
Net investment gain/loss from pooled separate accounts2012-12-31$-11,967,424
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$59,521,000
Employer contributions (assets) at end of year2012-12-31$40,450,000
Employer contributions (assets) at beginning of year2012-12-31$24,429,000
Income. Dividends from preferred stock2012-12-31$0
Income. Dividends from common stock2012-12-31$492,478
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$56,189,191
Asset. Corporate debt instrument preferred debt at end of year2012-12-31$96,445,462
Asset. Corporate debt instrument preferred debt at beginning of year2012-12-31$99,320,921
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$71,673,650
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$56,240,219
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$15,241,947
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$33,216,464
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$118,435,477
Aggregate carrying amount (costs) on sale of assets2012-12-31$113,591,938
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2012-12-31251408703
2011 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$17,616,155
Total unrealized appreciation/depreciation of assets2011-12-31$17,616,155
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,002,360
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$4,522,914
Total income from all sources (including contributions)2011-12-31$52,286,972
Total loss/gain on sale of assets2011-12-31$-4,688,894
Total of all expenses incurred2011-12-31$58,906,188
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$54,370,833
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$16,287,000
Value of total assets at end of year2011-12-31$781,769,739
Value of total assets at beginning of year2011-12-31$791,909,509
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$4,535,355
Total interest from all sources2011-12-31$13,685,028
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$4,894,733
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$751,530
Administrative expenses professional fees incurred2011-12-31$169,660
Assets. Corporate prefeered stocks other than exployer securities at end of year2011-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2011-12-31$2,004,816
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$20,000,000
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Assets. Other investments not covered elsewhere at end of year2011-12-31$24,656,091
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$11,242,048
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$3,399,856
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$5,464,257
Other income not declared elsewhere2011-12-31$122,405
Administrative expenses (other) incurred2011-12-31$1,850,087
Liabilities. Value of operating payables at end of year2011-12-31$1,002,360
Liabilities. Value of operating payables at beginning of year2011-12-31$4,522,914
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$63
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-6,619,216
Value of net assets at end of year (total assets less liabilities)2011-12-31$780,767,379
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$787,386,595
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31Yes
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2011-12-31$83,930
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Assets. partnership/joint venture interests at end of year2011-12-31$52,756,736
Assets. partnership/joint venture interests at beginning of year2011-12-31$53,011,738
Investment advisory and management fees2011-12-31$2,515,608
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$81,575,277
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$42,781,680
Interest earned on other investments2011-12-31$855,665
Income. Interest from US Government securities2011-12-31$4,298,633
Income. Interest from corporate debt instruments2011-12-31$8,531,410
Value of interest in common/collective trusts at end of year2011-12-31$284,445,817
Value of interest in common/collective trusts at beginning of year2011-12-31$30,176,706
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$8,706,827
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$14,271,850
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$14,271,850
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$-680
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$22,311,244
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$19,773,951
Asset value of US Government securities at end of year2011-12-31$98,853,287
Asset value of US Government securities at beginning of year2011-12-31$124,097,168
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$2,739,422
Net investment gain/loss from pooled separate accounts2011-12-31$3,489,876
Net investment gain or loss from common/collective trusts2011-12-31$-1,858,753
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$16,287,000
Employer contributions (assets) at end of year2011-12-31$16,287,000
Employer contributions (assets) at beginning of year2011-12-31$66,500,000
Income. Dividends from preferred stock2011-12-31$104,164
Income. Dividends from common stock2011-12-31$4,039,039
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$54,370,833
Asset. Corporate debt instrument preferred debt at end of year2011-12-31$99,320,921
Asset. Corporate debt instrument preferred debt at beginning of year2011-12-31$121,131,322
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$56,240,219
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$73,372,882
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$33,216,464
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$228,081,028
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$666,246,321
Aggregate carrying amount (costs) on sale of assets2011-12-31$670,935,215
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2011-12-31251408703
2010 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$48,223,762
Total unrealized appreciation/depreciation of assets2010-12-31$48,223,762
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$4,522,914
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$31,253,545
Total income from all sources (including contributions)2010-12-31$179,265,568
Total loss/gain on sale of assets2010-12-31$15,588,890
Total of all expenses incurred2010-12-31$57,958,729
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$52,737,906
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$86,500,000
Value of total assets at end of year2010-12-31$791,909,509
Value of total assets at beginning of year2010-12-31$697,333,301
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$5,220,823
Total interest from all sources2010-12-31$13,627,356
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$5,439,046
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$1,294,535
Administrative expenses professional fees incurred2010-12-31$222,696
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-12-31$2,004,816
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$771,983
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$15,000,000
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Assets. Other investments not covered elsewhere at end of year2010-12-31$11,242,048
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$34,014,876
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$5,464,257
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$5,531,416
Other income not declared elsewhere2010-12-31$662,935
Administrative expenses (other) incurred2010-12-31$2,227,896
Liabilities. Value of operating payables at end of year2010-12-31$4,522,914
Liabilities. Value of operating payables at beginning of year2010-12-31$31,253,545
Total non interest bearing cash at end of year2010-12-31$63
Total non interest bearing cash at beginning of year2010-12-31$484,256
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$121,306,839
Value of net assets at end of year (total assets less liabilities)2010-12-31$787,386,595
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$666,079,756
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31Yes
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2010-12-31$83,930
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Assets. partnership/joint venture interests at end of year2010-12-31$53,011,738
Assets. partnership/joint venture interests at beginning of year2010-12-31$47,238,598
Investment advisory and management fees2010-12-31$2,770,231
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$42,781,680
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$43,754,607
Interest earned on other investments2010-12-31$407,216
Income. Interest from US Government securities2010-12-31$4,217,287
Income. Interest from corporate debt instruments2010-12-31$8,987,870
Value of interest in common/collective trusts at end of year2010-12-31$30,176,706
Value of interest in common/collective trusts at beginning of year2010-12-31$28,057,750
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$14,271,850
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$6,671,248
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$6,671,248
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$14,983
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$19,773,951
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$17,191,831
Asset value of US Government securities at end of year2010-12-31$124,097,168
Asset value of US Government securities at beginning of year2010-12-31$99,328,076
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$3,042,185
Net investment gain/loss from pooled separate accounts2010-12-31$2,105,666
Net investment gain or loss from common/collective trusts2010-12-31$4,075,728
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$86,500,000
Employer contributions (assets) at end of year2010-12-31$66,500,000
Employer contributions (assets) at beginning of year2010-12-31$30,000,000
Income. Dividends from preferred stock2010-12-31$27,196
Income. Dividends from common stock2010-12-31$4,117,315
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$52,737,906
Asset. Corporate debt instrument preferred debt at end of year2010-12-31$121,131,322
Asset. Corporate debt instrument preferred debt at beginning of year2010-12-31$97,691,426
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$73,372,882
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$83,590,972
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$228,081,028
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$203,006,262
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$298,812,013
Aggregate carrying amount (costs) on sale of assets2010-12-31$283,223,123
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2010-12-31251408703
2009 : DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN

2023: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2012: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: DUQUESNE LIGHT COMPANY DEFINED BENEFIT RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number030031
Policy instance 1
Insurance contract or identification number030031
Number of Individuals Covered5572
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number030031
Policy instance 1
Insurance contract or identification number030031
Number of Individuals Covered5646
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number030031
Policy instance 1
Insurance contract or identification number030031
Number of Individuals Covered5709
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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