401k Plan data: CINERGY CORP UNION EMPLOYEES' PENSION PLAN plan

CINERGY CORP UNION EMPLOYEES' PENSION PLAN 401k Plan overview

Plan Name	CINERGY CORP UNION EMPLOYEES' PENSION PLAN
Plan identification number	010

CINERGY CORP UNION EMPLOYEES' PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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 CINERGY CORP UNION EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
010 2012-01-01 PETER KOSTIW
010 2011-01-01 PETER KOSTIW PETER KOSTIW 2012-10-13
010 2010-01-01 JAY ALVARO JAY ALVARO 2011-10-12

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
010	2012-01-01	PETER KOSTIW
010	2011-01-01	PETER KOSTIW	PETER KOSTIW	2012-10-13
010	2010-01-01	JAY ALVARO	JAY ALVARO	2011-10-12

Plan Statistics for CINERGY CORP UNION EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for CINERGY CORP UNION EMPLOYEES' PENSION PLAN

Measure Date Value
2012: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 2,487
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
2011: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 2,500
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 1,294
Number of retired or separated participants receiving benefits 2011-01-01 846
Number of other retired or separated participants entitled to future benefits 2011-01-01 113
Total of all active and inactive participants 2011-01-01 2,253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 234
Total participants 2011-01-01 2,487
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 13
2010: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 2,395
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 872
Number of retired or separated participants receiving benefits 2010-01-01 834
Number of other retired or separated participants entitled to future benefits 2010-01-01 111
Total of all active and inactive participants 2010-01-01 1,817
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 234
Total participants 2010-01-01 2,051
Number of participants with account balances 2010-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0

Measure	Date	Value
2012: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	2,487
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
2011: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	2,500
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	1,294
Number of retired or separated participants receiving benefits	2011-01-01	846
Number of other retired or separated participants entitled to future benefits	2011-01-01	113
Total of all active and inactive participants	2011-01-01	2,253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	234
Total participants	2011-01-01	2,487
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	13
2010: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	2,395
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	872
Number of retired or separated participants receiving benefits	2010-01-01	834
Number of other retired or separated participants entitled to future benefits	2010-01-01	111
Total of all active and inactive participants	2010-01-01	1,817
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	234
Total participants	2010-01-01	2,051
Number of participants with account balances	2010-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0

Financial Data on CINERGY CORP UNION EMPLOYEES' PENSION PLAN

Measure	Date	Value
2012 : CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total transfer of assets to this plan	2012-12-31	$200,000
Total transfer of assets from this plan	2012-12-31	$463,300,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$1,160,785
Total income from all sources (including contributions)	2012-12-31	$65,908,180
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$26,100,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$24,200,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$0
Value of total assets at end of year	2012-12-31	$0
Value of total assets at beginning of year	2012-12-31	$424,452,605
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$1,900,000
Total interest from all sources	2012-12-31	$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 year	2012-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-12-31	$0
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$25,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$3,145,430
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$1,160,785
Administrative expenses (other) incurred	2012-12-31	$1,900,000
Total non interest bearing cash at end of year	2012-12-31	$0
Total non interest bearing cash at beginning of year	2012-12-31	$577,140
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$39,808,180
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$423,291,820
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in master investment trust accounts at end of year	2012-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2012-12-31	$420,730,035
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$24,200,000
Did the plan have assets held for investment	2012-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	MCCONNELL & JONES, LLP
Accountancy firm EIN	2012-12-31	760488832
2011 : CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total transfer of assets from this plan	2011-12-31	$2,125,539
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$1,160,785
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$10,881,093
Total income from all sources (including contributions)	2011-12-31	$51,597,246
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$31,582,221
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$30,325,618
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$46,000,000
Value of total assets at end of year	2011-12-31	$424,452,605
Value of total assets at beginning of year	2011-12-31	$412,032,352
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$1,256,603
Total interest from all sources	2011-12-31	$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 year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$25,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$3,145,430
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$3,237,522
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$1,160,785
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$10,881,093
Total non interest bearing cash at end of year	2011-12-31	$577,140
Total non interest bearing cash at beginning of year	2011-12-31	$137,725
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$20,015,025
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$423,291,820
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$401,151,259
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$1,256,603
Value of interest in master investment trust accounts at end of year	2011-12-31	$420,730,035
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$408,657,105
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$46,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$30,325,618
Did the plan have assets held for investment	2011-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	MCCONNELL AND JONES, LLP
Accountancy firm EIN	2011-12-31	760488832
2010 : CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets to this plan	2010-12-31	$2,865,878
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$10,881,093
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$6,032,580
Total income from all sources (including contributions)	2010-12-31	$74,551,063
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$19,879,641
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$18,321,675
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$31,500,000
Value of total assets at end of year	2010-12-31	$412,032,352
Value of total assets at beginning of year	2010-12-31	$349,646,539
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,557,966
Total interest from all sources	2010-12-31	$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 year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$25,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$3,237,522
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$3,741,039
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$10,881,093
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$6,032,580
Total non interest bearing cash at end of year	2010-12-31	$137,725
Total non interest bearing cash at beginning of year	2010-12-31	$154,309
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$54,671,422
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$401,151,259
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$343,613,959
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$1,557,966
Value of interest in master investment trust accounts at end of year	2010-12-31	$408,657,105
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$345,751,191
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$31,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$18,321,675
Did the plan have assets held for investment	2010-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	MCCONNELL & JONES, LLP
Accountancy firm EIN	2010-12-31	760488832

Form 5500 Responses for CINERGY CORP UNION EMPLOYEES' PENSION PLAN

2012: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: CINERGY CORP UNION EMPLOYEES' PENSION PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

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