Duquesne Light 401(k) match, vesting and fees
What Duquesne Light's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 88 defined-contribution plans in utilities with 1,000 to 4,999 participants.
| Duquesne Light: employer contribution per participant | $6,163 | |
| Peer median | $5,211 |
| Duquesne Light: average balance | $199,120 | |
| Peer median | $181,622 |
| Duquesne Light: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $164M at the end of plan year 2021 to $211M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,069 | $211M | $6.5M | $6,163 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 1,031 | $177M | $5.2M | $5,096 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 1,015 | $143M | $4.8M | $4,740 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 976 | $164M | $4.2M | $4,347 | 0.11% | Not published | Form 5500 ↗ |
Other Duquesne Light plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Duquesne Light Company Defined Benefit Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Duquesne Light match 401(k) contributions?
The match terms for the Duquesne Light Company 401(k) Retirement Savings Plan for Ibew Represented Employees have not been published from its filing yet. The plan year 2024 filing reports $6.5M in employer contributions, about $6,163 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Duquesne Light 401(k) match vested?
The vesting schedule for the Duquesne Light Company 401(k) Retirement Savings Plan for Ibew Represented Employees is not in the data published so far. Your Summary Plan Description states it.
Who manages the Duquesne Light 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Duquesne Light Company.
I left Duquesne Light. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Duquesne Light Company, (412) 393-6039) or the recordkeeper, The Vanguard Group, Inc.. The Duquesne Light old 401(k) page lists the contacts from every plan filing. Find an old Duquesne Light 401(k)
Data from the public Form 5500 annual reports Duquesne Light filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Duquesne Light. Not financial advice. Report a correction · Methodology