Plan Snapshot
- Plan Sponsor: Nextera Energy, INC.
- Sponsor EIN: 592449419
- Sponsor Address: 700 UNIVERSE BOULEVARD HRB/JB, JUNO BEACH, FL, 334080420
- Plan Type: 401(k)
- Total Participants: 16,733
- Total Assets: $5.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 16,733 | $5.5B | $83.1M | $211.6M |
| 2023 | 16,678 | $5.0B | $77.9M | $199.9M |
| 2022 | 15,212 | $5.4B | $0 | $183.1M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $88,835 | — | $88,835 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,835
- Estimated Expense Ratio: 0.002% 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 | $3,747,152 | $3,355,599 | $3,484 | $88,835 | — |
| 2023 | $4,306,331 | $3,884,318 | $1,400 | $85,059 | — |
| 2022 | $4,522,577 | $3,129,288 | — | — | $82,665 |