Plan Ledger DOL Form 5500 · updated monthly

Duquesne Light Holdings, Inc.401(k)

DUQUESNE LIGHT HOLDINGS, INC. 401(K) RETIREMENT SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Duquesne Light Holdings, Inc. reported $197,231 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $9,923 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.08% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 248th-largest of 3,651 plans among Pennsylvania employers on file, and the 91st of 412 in utilities. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$235,082,298
Participants with balances1,306
Active participants934
Employer contributions$9,268,348
Employee contributions$11,850,313
Employer contribution per active participant$9,923
Average account balance$180,002
Benefits paid to participants$26,919,969
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$235.1M · 1,306 accts · $9.3M emplr
2023$208.5M · 1,333 accts · $8.1M emplr
2022$170.6M · 1,275 accts · $7.8M emplr
The Duquesne Light Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$9,923
Median for plans this size$3,635
2024$9,923 per active participant
2023$8,173 per active participant
2022$8,017 per active participant

Duquesne Light Holdings, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$84,774
VANGUARD ADVISERS INC. · Investment advisory (participants)$79,701
LCG ASSOCIATES, INC. · Investment advisory (plan)$40,825

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$197,231 · 0.09%
2023$148,250 · 0.08%
2022$143,126 · 0.08%
Same employer
Similar plansUtilities · Pennsylvania
Ugi Utilities, Inc. PA$713.8M · 0.05%
Essential Utilities, Inc. PA$623.5M · 0.15%
Ppl Services Corporation PA$617.8M · 0.00%
Pjm Interconnection L.L.C. PA$498.1M · 0.02%
Duquesne Light Company PA$210.7M · 0.10%
Quench USA, Inc PA$43.5M · 0.30%
Pennenergy Resources, LLC PA$27.3M · 0.01%
The York Water Company PA$16.5M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251598483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.