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)
- Plan Number: 519
- Total Participants: 16,622
- Total Assets: $32.4M
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 | 16,622 | $32.4M | $174.1M | $72.3M |
| 2023 | 16,629 | $42.2M | $174.8M | $70.9M |
| 2022 | 15,113 | $34.7M | $149.2M | $65.3M |
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 |
|---|---|---|---|---|
| NATIONAL ADMIN | Other Service Provider | $5,852,279 | — | $5,852,279 |
| EDH HOLDINGS, LLC DBA EMP DIRECT | Other Service Provider | $1,231,562 | — | $1,231,562 |
| WEBTPA | Other Service Provider | $935,173 | — | $935,173 |
| CAREATC | Other Service Provider | $729,089 | — | $729,089 |
| CAREMARK | Other Service Provider | $683,788 | — | $683,788 |
| BEST DOCTORS | Other Service Provider | $567,338 | — | $567,338 |
| 98POINT6 | Other Service Provider | $547,496 | — | $547,496 |
| LYRA HEALTH INC. | Other Service Provider | $319,096 | — | $319,096 |
| CIGNA | Other Service Provider | $255,655 | — | $255,655 |
| GARNER HEALTH TECH INC. | Other Service Provider | $216,610 | — | $216,610 |
| LIVONGO HEALTH INC. | Other Service Provider | $211,222 | — | $211,222 |
| FINHEALTH INC. | Other Service Provider | $186,380 | — | $186,380 |
| VORI HEALTH | Other Service Provider | $171,750 | — | $171,750 |
| HEALTH STRATEGY | Other Service Provider | $164,997 | — | $164,997 |
| H S A ADMIN | Other Service Provider | $160,700 | — | $160,700 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $148,867 | — | $148,867 |
| CROWE LLP | Other Service Provider | $73,349 | — | $73,349 |
| IPA ADMIN | Other Service Provider | $67,500 | — | $67,500 |
| PROGYNY, INC. | Other Service Provider | $57,632 | — | $57,632 |
| HEALTH FITNESS CORPORATION | Other Service Provider | $56,746 | — | $56,746 |
| WAGEWORKS | Other Service Provider | $42,217 | — | $42,217 |
| CONEXIS | Other Service Provider | $41,343 | — | $41,343 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,720,789
- Estimated Expense Ratio: 39.239% 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 | $12,456,942 | — | $12,383,248 | $73,349 | — |
| 2023 | $14,669,855 | — | $14,433,068 | $70,458 | — |
| 2022 | $13,175,363 | — | $13,105,871 | — | $69,492 |