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 |
|---|---|---|---|---|
| T ROWE PRICE | NONE | $1,737,518 | — | $1,737,518 |
| FIDELITY INVESTMENTS INSTITUTIONAL | TRUSTEE | $782,208 | — | $782,208 |
| NEXTERA ENERGY, INC. | PLAN SPONSOR | $270,912 | — | $270,912 |
| BLACKROCK INSTITUTIONAL TRUST CO NA | NONE | $253,797 | — | $253,797 |
| NEPC, LLC | NONE | $126,368 | — | $126,368 |
| CROWE LLP | NONE | $88,835 | — | $88,835 |
| JACKSON SQUARE | NONE | $11,448 | — | $11,448 |
| SMARTPATH, INC. | NONE | $10,375 | — | $10,375 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — TRUSTEE
- NEPC, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,281,461
- Estimated Expense Ratio: 0.060% 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 |