Plan Snapshot
- Plan Sponsor: Duquesne Light Company
- Sponsor EIN: 250451600
- Sponsor Address: C/O DUQUESNE LIGHT BENEFITS CENTRAL, PITTSBURGH, PA, 15230
- Plan Type: DB
- Total Participants: 301
- Total Assets: $895.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 301 | $895.1M | $0 | $0 |
| 2023 | 327 | $924.5M | $10.0M | $0 |
| 2022 | 336 | $909.3M | $10.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WESTERN ASSET MANAGEMENT | Other Service Provider | $516,908 | — | $516,908 |
| LCG ASSOCIATES, INC. | Other Service Provider | $450,816 | — | $450,816 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $354,137 | — | $354,137 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $289,513 | — | $289,513 |
| HEWITT ASSOCIATES, LLC | Recordkeeper | $173,550 | — | $173,550 |
| BNY MELLON ASSET SERVICE | Other Service Provider | $165,320 | — | $165,320 |
| TOWERS WATSON DELAWARE, INC | Recordkeeper | $76,243 | — | $76,243 |
| MELLON CAPITAL MANAGEMENT CORP | Other Service Provider | $60,327 | — | $60,327 |
| DUQUESNE LIGHT COMPANY | Recordkeeper | $49,630 | — | $49,630 |
| LGIMA US CREDIT FUND LLC | Other Service Provider | $47,483 | — | $47,483 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HEWITT ASSOCIATES, LLC — Recordkeeper
- TOWERS WATSON DELAWARE, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,183,927
- Estimated Expense Ratio: 0.244% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,320,576 | — | — | — | — |
| 2023 | $4,952,606 | $1,436,746 | — | — | — |
| 2022 | $2,489,705 | $1,395,905 | — | — | $201,507 |