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DUKE ENERGY RETIREMENT CASH BALANCE PLAN 401k Plan overview

Plan NameDUKE ENERGY RETIREMENT CASH BALANCE PLAN
Plan identification number 001

DUKE ENERGY RETIREMENT CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Code section 401(h) arrangement - Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DUKE ENERGY CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:DUKE ENERGY CORPORATION
Employer identification number (EIN):202777218
NAIC Classification:221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DUKE ENERGY RETIREMENT CASH BALANCE 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
0012017-01-01THOMAS SILINSKI
0012016-01-01THOMAS SILINSKI
0012015-01-01THOMAS SILINSKI
0012014-01-01THOMAS SILINSKI
0012013-01-01THOMAS SILINSKI
0012012-01-01PETER KOSTIW
0012011-01-01PETER KOSTIW PETER KOSTIW2012-10-13
0012009-01-01RICHARD JEFFERIES
0012009-01-01RICHARD JEFFERIES
0012009-01-01RICHARD JEFFERIES
0012009-01-01RICHARD JEFFERIES

Plan Statistics for DUKE ENERGY RETIREMENT CASH BALANCE PLAN

401k plan membership statisitcs for DUKE ENERGY RETIREMENT CASH BALANCE PLAN

Measure Date Value
2023: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0118,156
Total number of active participants reported on line 7a of the Form 55002023-01-0113,774
Number of retired or separated participants receiving benefits2023-01-013,835
Number of other retired or separated participants entitled to future benefits2023-01-013,166
Total of all active and inactive participants2023-01-0120,775
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-01387
Total participants2023-01-0121,162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-012
2022: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-12-314,313,423,837
Acturial value of plan assets2022-12-314,304,579,330
Funding target for retired participants and beneficiaries receiving payment2022-12-31401,243,389
Number of terminated vested participants2022-12-311,699
Fundng target for terminated vested participants2022-12-31301,687,748
Active participant vested funding target2022-12-312,704,156,784
Number of active participants2022-12-3116,132
Total funding liabilities for active participants2022-12-312,714,335,001
Total participant count2022-12-3119,414
Total funding target for all participants2022-12-313,417,266,138
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31587,524,605
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 balance2022-12-31587,524,605
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
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 year2022-12-31621,718,537
Total employer contributions2022-12-31100,000,000
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 date2022-12-310
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 cost2022-12-31132,099,595
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 year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-0119,202
Total number of active participants reported on line 7a of the Form 55002022-01-0114,651
Number of retired or separated participants receiving benefits2022-01-011,509
Number of other retired or separated participants entitled to future benefits2022-01-011,757
Total of all active and inactive participants2022-01-0117,917
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01239
Total participants2022-01-0118,156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-314,323,961,333
Acturial value of plan assets2021-12-314,179,949,031
Funding target for retired participants and beneficiaries receiving payment2021-12-31319,722,549
Number of terminated vested participants2021-12-311,524
Fundng target for terminated vested participants2021-12-31264,710,788
Active participant vested funding target2021-12-312,771,253,863
Number of active participants2021-12-3117,357
Total funding liabilities for active participants2021-12-312,787,949,197
Total participant count2021-12-3120,216
Total funding target for all participants2021-12-313,372,382,534
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31442,647,313
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31442,647,313
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31493,153,371
Total employer contributions2021-12-3157,711,000
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31123,792,065
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-0120,504
Total number of active participants reported on line 7a of the Form 55002021-01-0116,132
Number of retired or separated participants receiving benefits2021-01-011,296
Number of other retired or separated participants entitled to future benefits2021-01-011,560
Total of all active and inactive participants2021-01-0118,988
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01214
Total participants2021-01-0119,202
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011
2020: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-313,840,433,483
Acturial value of plan assets2020-12-313,824,871,397
Funding target for retired participants and beneficiaries receiving payment2020-12-31245,172,723
Number of terminated vested participants2020-12-311,311
Fundng target for terminated vested participants2020-12-31236,249,745
Active participant vested funding target2020-12-312,627,399,014
Number of active participants2020-12-3117,134
Total funding liabilities for active participants2020-12-312,638,628,691
Total participant count2020-12-3119,479
Total funding target for all participants2020-12-313,120,051,159
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31504,542,561
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-31126,049,775
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31378,492,786
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31442,647,313
Total employer contributions2020-12-310
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 date2020-12-310
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 cost2020-12-31128,741,875
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0119,330
Total number of active participants reported on line 7a of the Form 55002020-01-0117,951
Number of retired or separated participants receiving benefits2020-01-011,070
Number of other retired or separated participants entitled to future benefits2020-01-011,310
Total of all active and inactive participants2020-01-0120,331
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01173
Total participants2020-01-0120,504
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-015
2019: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-313,641,538,645
Acturial value of plan assets2019-12-313,706,549,384
Funding target for retired participants and beneficiaries receiving payment2019-12-31138,218,107
Number of terminated vested participants2019-12-31685
Fundng target for terminated vested participants2019-12-3170,713,879
Active participant vested funding target2019-12-312,971,458,692
Number of active participants2019-12-3119,385
Total funding liabilities for active participants2019-12-312,987,743,384
Total participant count2019-12-3120,715
Total funding target for all participants2019-12-313,196,675,370
Balance at beginning of prior year after applicable adjustments2019-12-31258,264,163
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31632,642,552
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-31106,069,434
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-31152,194,729
Amount remaining of prefunding balance2019-12-31632,642,552
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-31146,320,012
Reductions in prefunding balances due to elections or deemed elections2019-12-31103,679,988
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31504,542,561
Total employer contributions2019-12-310
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 date2019-12-310
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 cost2019-12-31131,381,228
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31126,049,775
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31126,049,775
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0120,574
Total number of active participants reported on line 7a of the Form 55002019-01-0117,134
Number of retired or separated participants receiving benefits2019-01-01831
Number of other retired or separated participants entitled to future benefits2019-01-011,228
Total of all active and inactive participants2019-01-0119,193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01137
Total participants2019-01-0119,330
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-313,959,981,095
Acturial value of plan assets2018-12-313,902,911,443
Funding target for retired participants and beneficiaries receiving payment2018-12-3162,815,311
Number of terminated vested participants2018-12-31283
Fundng target for terminated vested participants2018-12-3127,766,175
Active participant vested funding target2018-12-312,860,609,932
Number of active participants2018-12-3120,786
Total funding liabilities for active participants2018-12-312,915,107,414
Total participant count2018-12-3121,495
Total funding target for all participants2018-12-313,005,688,900
Balance at beginning of prior year after applicable adjustments2018-12-31473,964,681
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31646,382,455
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 balance2018-12-31473,964,681
Amount remaining of prefunding balance2018-12-31646,382,455
Present value of excess contributions2018-12-31121,078,800
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31127,980,292
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-31210,000,000
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-31322,661,218
Balance of prefunding at beginning of current year2018-12-31726,431,484
Total employer contributions2018-12-3124,600,000
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 date2018-12-3122,444,627
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 cost2018-12-31134,829,889
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31128,514,061
Carryover balance elected to use to offset funding requirement2018-12-31106,069,434
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-3122,444,627
Contributions allocatedtoward minimum required contributions for current year2018-12-3122,444,627
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0121,476
Total number of active participants reported on line 7a of the Form 55002018-01-0119,385
Number of retired or separated participants receiving benefits2018-01-01538
Number of other retired or separated participants entitled to future benefits2018-01-01532
Total of all active and inactive participants2018-01-0120,455
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01119
Total participants2018-01-0120,574
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-014
2017: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-317,004,601,756
Acturial value of plan assets2017-12-317,099,622,541
Funding target for retired participants and beneficiaries receiving payment2017-12-312,293,781,848
Number of terminated vested participants2017-12-318,186
Fundng target for terminated vested participants2017-12-31758,625,947
Active participant vested funding target2017-12-312,530,235,309
Number of active participants2017-12-3119,801
Total funding liabilities for active participants2017-12-312,566,782,730
Total participant count2017-12-3146,098
Total funding target for all participants2017-12-315,619,190,525
Balance at beginning of prior year after applicable adjustments2017-12-31440,487,622
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31600,727,189
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-31440,487,622
Amount remaining of prefunding balance2017-12-31600,727,189
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-31473,964,681
Balance of prefunding at beginning of current year2017-12-31646,382,455
Total employer contributions2017-12-31128,000,000
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 date2017-12-31121,078,800
Unpaid minimum required contributions for all prior years2017-12-310
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 cost2017-12-31123,386,624
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31121,078,800
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-0145,303
Total number of active participants reported on line 7a of the Form 55002017-01-0118,810
Number of retired or separated participants receiving benefits2017-01-0113,596
Number of other retired or separated participants entitled to future benefits2017-01-017,291
Total of all active and inactive participants2017-01-0139,697
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-014,179
Total participants2017-01-0143,876
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0112
2016: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-316,993,352,563
Acturial value of plan assets2016-12-317,063,013,650
Funding target for retired participants and beneficiaries receiving payment2016-12-312,189,873,444
Number of terminated vested participants2016-12-319,381
Fundng target for terminated vested participants2016-12-31657,598,155
Active participant vested funding target2016-12-312,724,875,820
Number of active participants2016-12-3121,778
Total funding liabilities for active participants2016-12-312,763,945,208
Total participant count2016-12-3149,128
Total funding target for all participants2016-12-315,611,416,807
Balance at beginning of prior year after applicable adjustments2016-12-31441,946,044
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31467,435,326
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-31441,946,044
Amount remaining of prefunding balance2016-12-31467,435,326
Present value of excess contributions2016-12-31127,265,661
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31135,044,502
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31135,000,000
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-31440,487,622
Balance of prefunding at beginning of current year2016-12-31600,727,189
Total employer contributions2016-12-31125,000,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31118,083,245
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31122,806,795
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31118,083,245
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0150,326
Total number of active participants reported on line 7a of the Form 55002016-01-0119,801
Number of retired or separated participants receiving benefits2016-01-0113,759
Number of other retired or separated participants entitled to future benefits2016-01-017,589
Total of all active and inactive participants2016-01-0141,149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-014,154
Total participants2016-01-0145,303
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0167
2015: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0132,905
Total number of active participants reported on line 7a of the Form 55002015-01-0121,608
Number of retired or separated participants receiving benefits2015-01-0115,571
Number of other retired or separated participants entitled to future benefits2015-01-019,099
Total of all active and inactive participants2015-01-0146,278
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-014,048
Total participants2015-01-0150,326
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01158
2014: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0134,241
Total number of active participants reported on line 7a of the Form 55002014-01-0115,019
Number of retired or separated participants receiving benefits2014-01-018,974
Number of other retired or separated participants entitled to future benefits2014-01-016,038
Total of all active and inactive participants2014-01-0130,031
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-012,874
Total participants2014-01-0132,905
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-01171
2013: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0136,635
Total number of active participants reported on line 7a of the Form 55002013-01-0115,685
Number of retired or separated participants receiving benefits2013-01-019,302
Number of other retired or separated participants entitled to future benefits2013-01-016,370
Total of all active and inactive participants2013-01-0131,357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012,884
Total participants2013-01-0134,241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-01372
2012: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0126,283
Total number of active participants reported on line 7a of the Form 55002012-01-0115,435
Number of retired or separated participants receiving benefits2012-01-0111,728
Number of other retired or separated participants entitled to future benefits2012-01-016,574
Total of all active and inactive participants2012-01-0133,737
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012,898
Total participants2012-01-0136,635
Number of participants with account balances2012-01-01365
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0126,027
Total number of active participants reported on line 7a of the Form 55002011-01-0112,320
Number of retired or separated participants receiving benefits2011-01-014,574
Number of other retired or separated participants entitled to future benefits2011-01-017,229
Total of all active and inactive participants2011-01-0124,123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012,160
Total participants2011-01-0126,283
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-01290
Number of employers contributing to the scheme2011-01-010
2009: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0125,446
Total number of active participants reported on line 7a of the Form 55002009-01-0112,382
Number of retired or separated participants receiving benefits2009-01-014,540
Number of other retired or separated participants entitled to future benefits2009-01-016,548
Total of all active and inactive participants2009-01-0123,470
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012,036
Total participants2009-01-0125,506
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01114

Financial Data on DUKE ENERGY RETIREMENT CASH BALANCE PLAN

Measure Date Value
2023 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$692,600,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$458,700,000
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$306,900,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$291,700,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$100,000,000
Value of total assets at end of year2023-12-31$4,026,400,000
Value of total assets at beginning of year2023-12-31$3,182,000,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$15,200,000
Total interest from all sources2023-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$25,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Administrative expenses (other) incurred2023-12-31$14,700,000
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$151,800,000
Value of net assets at end of year (total assets less liabilities)2023-12-31$4,026,400,000
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$3,182,000,000
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
Value of interest in master investment trust accounts at end of year2023-12-31$3,926,400,000
Value of interest in master investment trust accounts at beginning of year2023-12-31$3,082,000,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
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$100,000,000
Employer contributions (assets) at end of year2023-12-31$100,000,000
Employer contributions (assets) at beginning of year2023-12-31$100,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$291,700,000
Did the plan have assets held for investment2023-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2023-12-31760488832
2022 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-701,200,000
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$442,900,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$440,000,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$100,000,000
Value of total assets at end of year2022-12-31$3,182,000,000
Value of total assets at beginning of year2022-12-31$4,326,100,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,900,000
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$25,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Administrative expenses (other) incurred2022-12-31$2,872,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,144,100,000
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,182,000,000
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$4,326,100,000
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
Investment advisory and management fees2022-12-31$28,000
Value of interest in master investment trust accounts at end of year2022-12-31$3,082,000,000
Value of interest in master investment trust accounts at beginning of year2022-12-31$4,268,389,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
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$100,000,000
Employer contributions (assets) at end of year2022-12-31$100,000,000
Employer contributions (assets) at beginning of year2022-12-31$57,711,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$440,000,000
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2022-12-31760488832
2021 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$318,900,000
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$308,700,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$305,500,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$57,711,000
Value of total assets at end of year2021-12-31$4,326,100,000
Value of total assets at beginning of year2021-12-31$4,315,900,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$3,200,000
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$300,000
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$25,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Administrative expenses (other) incurred2021-12-31$1,800,000
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$10,200,000
Value of net assets at end of year (total assets less liabilities)2021-12-31$4,326,100,000
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,315,900,000
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
Investment advisory and management fees2021-12-31$100,000
Value of interest in master investment trust accounts at end of year2021-12-31$4,268,389,000
Value of interest in master investment trust accounts at beginning of year2021-12-31$4,315,900,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
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$57,711,000
Employer contributions (assets) at end of year2021-12-31$57,711,000
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$305,500,000
Contract administrator fees2021-12-31$1,000,000
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2021-12-31760488832
2020 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$247,700,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$430,300,000
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$213,100,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$210,200,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$4,315,900,000
Value of total assets at beginning of year2020-12-31$3,851,000,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$2,900,000
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$25,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Administrative expenses (other) incurred2020-12-31$2,800,000
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$217,200,000
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,315,900,000
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,851,000,000
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
Investment advisory and management fees2020-12-31$100,000
Value of interest in master investment trust accounts at end of year2020-12-31$4,315,900,000
Value of interest in master investment trust accounts at beginning of year2020-12-31$3,851,000,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$210,200,000
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2020-12-31760488832
2019 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$584,500,000
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$383,700,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$379,200,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$3,851,000,000
Value of total assets at beginning of year2019-12-31$3,650,200,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$4,500,000
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$1,000,000
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$25,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Administrative expenses (other) incurred2019-12-31$1,600,000
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$200,800,000
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,851,000,000
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,650,200,000
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 leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in master investment trust accounts at end of year2019-12-31$3,851,000,000
Value of interest in master investment trust accounts at beginning of year2019-12-31$3,625,600,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$24,600,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$379,200,000
Contract administrator fees2019-12-31$1,900,000
Did the plan have assets held for investment2019-12-31No
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
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
Accountancy firm name2019-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2019-12-31760488832
2018 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$520,100,000
Total transfer of assets from this plan2018-12-31$4,210,500,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-122,400,000
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$193,100,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$191,400,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$24,600,000
Value of total assets at end of year2018-12-31$3,650,200,000
Value of total assets at beginning of year2018-12-31$7,656,100,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,700,000
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$73,929
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$25,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Administrative expenses (other) incurred2018-12-31$1,626,071
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-315,500,000
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,650,200,000
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$7,656,100,000
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
Value of interest in master investment trust accounts at end of year2018-12-31$3,625,600,000
Value of interest in master investment trust accounts at beginning of year2018-12-31$7,528,100,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
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$24,600,000
Employer contributions (assets) at end of year2018-12-31$24,600,000
Employer contributions (assets) at beginning of year2018-12-31$128,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$191,400,000
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2018-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2018-12-31760488832
2017 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$955,600,000
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$468,600,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$463,000,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$128,000,000
Value of total assets at end of year2017-12-31$7,656,100,000
Value of total assets at beginning of year2017-12-31$7,169,100,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$5,600,000
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$372,725
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$25,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Administrative expenses (other) incurred2017-12-31$3,626,473
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$487,000,000
Value of net assets at end of year (total assets less liabilities)2017-12-31$7,656,100,000
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$7,169,100,000
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
Investment advisory and management fees2017-12-31$1,600,802
Value of interest in master investment trust accounts at end of year2017-12-31$7,528,100,000
Value of interest in master investment trust accounts at beginning of year2017-12-31$7,169,100,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
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$128,000,000
Employer contributions (assets) at end of year2017-12-31$128,000,000
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$463,000,000
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2017-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2017-12-31760488832
2016 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$5,000,000
Total income from all sources (including contributions)2016-12-31$669,900,000
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$640,200,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$617,100,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$125,000,000
Value of total assets at end of year2016-12-31$7,169,100,000
Value of total assets at beginning of year2016-12-31$7,144,400,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$23,100,000
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$203,539
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$25,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$5,000,000
Administrative expenses (other) incurred2016-12-31$5,204,278
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$29,700,000
Value of net assets at end of year (total assets less liabilities)2016-12-31$7,169,100,000
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$7,139,400,000
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
Investment advisory and management fees2016-12-31$16,612,807
Value of interest in master investment trust accounts at end of year2016-12-31$7,169,100,000
Value of interest in master investment trust accounts at beginning of year2016-12-31$7,144,400,000
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$125,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$617,100,000
Contract administrator fees2016-12-31$1,079,376
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2016-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2016-12-31760488832
2015 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$2,417,900,000
Total transfer of assets from this plan2015-12-31$40,800,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$5,000,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$81,600,000
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$333,200,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$316,300,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$92,000,000
Value of total assets at end of year2015-12-31$7,144,400,000
Value of total assets at beginning of year2015-12-31$5,013,900,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$16,900,000
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$169,971
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$25,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Assets. Other investments not covered elsewhere at end of year2015-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$165,800,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$5,000,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Administrative expenses (other) incurred2015-12-31$8,516,504
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-251,600,000
Value of net assets at end of year (total assets less liabilities)2015-12-31$7,139,400,000
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$5,013,900,000
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
Investment advisory and management fees2015-12-31$8,213,525
Value of interest in master investment trust accounts at end of year2015-12-31$7,144,400,000
Value of interest in master investment trust accounts at beginning of year2015-12-31$4,767,100,000
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
Contributions received in cash from employer2015-12-31$92,000,000
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$81,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$316,300,000
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2015-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2015-12-31760488832
2014 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets from this plan2014-12-31$1,500,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,800,000
Total income from all sources (including contributions)2014-12-31$570,100,000
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$272,400,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$257,600,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$81,000,000
Value of total assets at end of year2014-12-31$5,013,900,000
Value of total assets at beginning of year2014-12-31$4,719,500,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$14,800,000
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$60,000
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Assets. Other investments not covered elsewhere at end of year2014-12-31$165,800,000
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$29,900,000
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$1,800,000
Other income not declared elsewhere2014-12-31$15,700,000
Administrative expenses (other) incurred2014-12-31$3,060,000
Total non interest bearing cash at end of year2014-12-31$0
Total non interest bearing cash at beginning of year2014-12-31$31,700,000
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
Value of net income/loss2014-12-31$297,700,000
Value of net assets at end of year (total assets less liabilities)2014-12-31$5,013,900,000
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,717,700,000
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
Investment advisory and management fees2014-12-31$9,920,000
Value of interest in master investment trust accounts at end of year2014-12-31$4,767,100,000
Value of interest in master investment trust accounts at beginning of year2014-12-31$4,657,900,000
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
Contributions received in cash from employer2014-12-31$81,000,000
Employer contributions (assets) at end of year2014-12-31$81,000,000
Employer contributions (assets) at beginning of year2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$257,600,000
Contract administrator fees2014-12-31$1,760,000
Did the plan have assets held for investment2014-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2014-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2014-12-31760488832
2013 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets from this plan2013-12-31$1,200,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$1,800,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$37,000,000
Total income from all sources (including contributions)2013-12-31$437,300,000
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$369,800,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$345,400,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$0
Value of total assets at end of year2013-12-31$4,689,500,000
Value of total assets at beginning of year2013-12-31$4,658,400,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$24,400,000
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$25,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$29,900,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$40,100,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$1,800,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$37,000,000
Administrative expenses (other) incurred2013-12-31$24,400,000
Total non interest bearing cash at end of year2013-12-31$31,700,000
Total non interest bearing cash at beginning of year2013-12-31$2,100,000
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$67,500,000
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,687,700,000
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,621,400,000
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
Value of interest in master investment trust accounts at end of year2013-12-31$4,627,900,000
Value of interest in master investment trust accounts at beginning of year2013-12-31$4,616,200,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$345,400,000
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2013-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2013-12-31760488832
2012 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets to this plan2012-12-31$1,713,700,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$37,000,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$6,179,080
Total income from all sources (including contributions)2012-12-31$423,603,456
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$193,400,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$181,500,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$0
Value of total assets at end of year2012-12-31$4,658,400,000
Value of total assets at beginning of year2012-12-31$2,683,675,624
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$11,900,000
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$25,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$40,100,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$19,552,091
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$37,000,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$6,179,080
Administrative expenses (other) incurred2012-12-31$11,900,000
Total non interest bearing cash at end of year2012-12-31$2,100,000
Total non interest bearing cash at beginning of year2012-12-31$3,587,518
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$230,203,456
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,621,400,000
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,677,496,544
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
Value of interest in master investment trust accounts at end of year2012-12-31$4,616,200,000
Value of interest in master investment trust accounts at beginning of year2012-12-31$2,660,536,015
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$181,500,000
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2012-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2012-12-31760488832
2011 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$6,179,080
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$57,693,377
Total income from all sources (including contributions)2011-12-31$94,638,942
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$167,887,392
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$159,408,715
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$53,001,674
Value of total assets at end of year2011-12-31$2,683,675,624
Value of total assets at beginning of year2011-12-31$2,808,438,373
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$8,478,677
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$25,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$19,552,091
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$21,747,274
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$6,179,080
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$57,693,377
Total non interest bearing cash at end of year2011-12-31$3,587,518
Total non interest bearing cash at beginning of year2011-12-31$925,135
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-73,248,450
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,677,496,544
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$2,750,744,996
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 default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$8,478,677
Value of interest in master investment trust accounts at end of year2011-12-31$2,660,536,015
Value of interest in master investment trust accounts at beginning of year2011-12-31$2,785,765,964
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
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$53,001,674
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$159,408,715
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2011-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2011-12-31760488832
2010 : DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$57,693,377
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$5,963,942
Total income from all sources (including contributions)2010-12-31$566,522,319
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$194,524,759
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$184,100,318
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$239,500,000
Value of total assets at end of year2010-12-31$2,808,438,373
Value of total assets at beginning of year2010-12-31$2,384,711,378
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$10,424,441
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$25,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$21,747,274
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$25,515,190
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$57,693,377
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$5,963,942
Total non interest bearing cash at end of year2010-12-31$925,135
Total non interest bearing cash at beginning of year2010-12-31$1,052,423
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$371,997,560
Value of net assets at end of year (total assets less liabilities)2010-12-31$2,750,744,996
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,378,747,436
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 default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$10,424,441
Value of interest in master investment trust accounts at end of year2010-12-31$2,785,765,964
Value of interest in master investment trust accounts at beginning of year2010-12-31$2,358,143,765
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
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$239,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$184,100,318
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
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 name2010-12-31MCCONNELL & JONES, LLP
Accountancy firm EIN2010-12-31760488832

Form 5500 Responses for DUKE ENERGY RETIREMENT CASH BALANCE PLAN

2023: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
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 planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
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 planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: DUKE ENERGY RETIREMENT CASH BALANCE PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
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 planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: DUKE ENERGY RETIREMENT CASH BALANCE 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 planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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