Duke Energy Corporation 401(k) Plan: Login, Facts & Contact Information

Duke Energy Corporation 401(k) Plan Facts

Plan name
DUKE ENERGY RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
DUKE ENERGY CORPORATION
Participants
35,803 (26,616 active employees)
Former employees with a balance
7,485
Plan assets
$11,269,744,000 at Dec 31, 2024
Average account balance
$323,509 across 34,836 accounts
Employer contributions
$252,470,000 in plan year 2024 (41% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1959
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $617.1 million went into the plan in contributions, $252.5 million of it from the employer (41%).
  • $1.27 billion was paid out to participants.
  • Investment and other income added $1.57 billion.
  • Administrative expenses were $5.18 million, about $149 per account.

How the Duke Energy Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201938,886$9.19 billion$211.4 million$1.04 billion
202038,487$10.0 billion$224.2 million$827.5 million
202135,827$11.2 billion$216.6 million$993.3 million
202235,713$9.36 billion$245.8 million$907.6 million
202336,467$10.4 billion$246.3 million$997.3 million
202435,803$11.3 billion$252.5 million$1.27 billion

Duke Energy Corporation 401(k) Contact Information

Phone
704-382-4703
Mailing address
525 SOUTH TRYON STREET, CHARLOTTE NC 28202
Plan sponsor
DUKE ENERGY CORPORATION
Plan administrator
DUKE ENERGY BENEFITS COMMITTEE
Employer identification number (EIN)
20-2777218
Plan number
002

Questions about the Duke Energy Corporation 401(k)

Does Duke Energy Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $252.5 million, 41% of all contributions.

Does the Duke Energy Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Duke Energy Corporation 401(k) plan?

35,803 participants at the start of plan year 2024, 26,616 of them active employees, and 7,485 former employees who still had money in the plan.

What is the average 401(k) balance at Duke Energy Corporation?

About $323,509 per account: $11.3 billion in plan assets across 34,836 accounts with a balance at the end of plan year 2024.

Who manages the Duke Energy Corporation 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Duke Energy Corporation. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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