Plan Ledger DOL Form 5500 · updated monthly

Nextera Energy, Inc.401(k) + ESOP (KSOP)

NEXTERA ENERGY, INC. EMPLOYEE RETIREMENT SAVINGS PLAN · JUNO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Nextera Energy, Inc. reported $3,747,152 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $4,963 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 3 years on file its reported administrative ratio has held roughly steady near 0.071%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 7th-largest of 3,644 plans among Florida employers on file, and the 9th of 412 in utilities. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,482,857,099
Participants with balances21,635
Active participants16,733
Employer contributions$83,053,766
Employee contributions$211,648,293
Employer contribution per active participant$4,963
Average account balance$253,425
Benefits paid to participants$697,198,073
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5B · 21,635 accts · $83.1M emplr
2023$5.0B · 21,879 accts · $77.9M emplr
2022$5.4B · 20,336 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,432
Investment management$3,355,599
Audit (IQPA)$88,835
Total administrative$3,747,152
The Nextera Energy, Inc. 401(k) match · 2024
Employer contribution per active participant$4,963
Median for plans this size$5,259
2024$4,963 per active participant
2023$4,672 per active participant

Nextera Energy, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size. 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 · 20248
FIDELITY INVESTMENTS INSTITUTIONAL · Contract administrator · Recordkeeping$782,208
NEXTERA ENERGY, INC. · Accounting / audit · Plan administrator$270,912
T ROWE PRICE · Investment management$1,737,518
BLACKROCK INSTITUTIONAL TRUST CO NA · Investment management$253,797
NEPC, LLC · Consulting · Investment advisory (plan)$126,368
CROWE LLP · Accounting / audit$88,835
JACKSON SQUARE · Investment management$11,448
SMARTPATH, INC. · Consulting · Investment advisory (participants)$10,375

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

Recordkeeper by year2
2024Fidelity, NEXTERA ENERGY, INC.
2023Fidelity, NEXTERA ENERGY, INC.

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Administrative cost history3
2024$3,747,152 · 0.07%
2023$4,306,331 · 0.08%
2022$4,522,577 · 0.07%
Same employer
Similar plansUtilities · Florida
Exelon Corporation IL$6.3B · 0.09%
Pg&E Corporation CA$5.0B · 0.07%
Dominion Energy, Inc. VA$4.9B · 0.06%
Entergy Corporation LA$4.4B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592449419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.