Plan Snapshot
- Plan Sponsor: Nextera Energy, INC.
- Sponsor EIN: 592449419
- Sponsor Address: 700 UNIVERSE BOULEVARD HRB/JB, JUNO BEACH, FL, 334080420
- Plan Type: DB
- Total Participants: 15,485
- Total Assets: $5.3B
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 | 15,485 | $5.3B | $0 | $0 |
| 2023 | 14,419 | $5.1B | $0 | $0 |
| 2022 | 12,767 | $4.8B | $0 | $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 |
|---|---|---|---|---|
| COMVEST CREDIT PARTNERS V LP | Other Service Provider | $5,080,944 | — | $5,080,944 |
| III CAPITAL MANAGEMENT | Other Service Provider | $3,238,219 | — | $3,238,219 |
| FIDELITY INSTITUTIONAL OPERATIONS | Recordkeeper | $2,027,372 | — | $2,027,372 |
| T. ROWE PRICE ASSOCIATES | Other Service Provider | $1,853,425 | — | $1,853,425 |
| CARLYLE US EQUITY OPP FD II LP | Other Service Provider | $1,779,695 | — | $1,779,695 |
| ARTISAN PARTNERS | Other Service Provider | $1,768,224 | — | $1,768,224 |
| NEW MOUNTAIN PARTNERS V LP | Other Service Provider | $1,753,271 | — | $1,753,271 |
| COMVEST CAPITAL IV LP | Other Service Provider | $1,736,370 | — | $1,736,370 |
| PALISADE CAPITAL MANAGEMENT | Other Service Provider | $1,602,298 | — | $1,602,298 |
| JP MORGAN ASSET MANAGEMENT | Recordkeeper | $1,488,839 | — | $1,488,839 |
| STG VII-A, LP | Other Service Provider | $1,473,545 | — | $1,473,545 |
| ICG SECONDARIES FUND I LP | Other Service Provider | $1,381,731 | — | $1,381,731 |
| WILLIAM BLAIR | Other Service Provider | $1,252,644 | — | $1,252,644 |
| ASHBRIDGE TRANS SEC FUND II LP | Other Service Provider | $916,028 | — | $916,028 |
| ICG STRATEGIC EQUITY III LP | Other Service Provider | $899,018 | — | $899,018 |
| ARCTOS SPORTS PTNS FUND II | Other Service Provider | $889,612 | — | $889,612 |
| PATHLIGHT CAPITAL FUND III LP | Other Service Provider | $886,200 | — | $886,200 |
| MORGAN STANLEY | Recordkeeper | $856,868 | — | $856,868 |
| NEW MOUNTAIN PTNS VII LP | Other Service Provider | $816,933 | — | $816,933 |
| GSO CAPITAL SOLUTIONS FD III | Other Service Provider | $803,455 | — | $803,455 |
| WELLINGTON ISC | Other Service Provider | $734,106 | — | $734,106 |
| WATERTON RES PROP VENT XV LP | Other Service Provider | $684,836 | — | $684,836 |
| YORK SPECIAL OPP FUND III-A LP | Other Service Provider | $670,231 | — | $670,231 |
| NEW YORK LIFE INSURANCE | Recordkeeper | $651,771 | — | $651,771 |
| ADVENT CAPITAL MANAGEMENT, LLC | Other Service Provider | $595,017 | — | $595,017 |
| GCP SECURESPACE PROPERTY PTNS | Other Service Provider | $592,007 | — | $592,007 |
| SPECIALTY LOAN INSTL FD 2016 L | Other Service Provider | $589,127 | — | $589,127 |
| HPS SLF VI | Other Service Provider | $502,154 | — | $502,154 |
| LCN CORE INCOME FUND LP | Other Service Provider | $468,750 | — | $468,750 |
| NEXTERA ENERGY, INC. | Other Service Provider | $467,933 | — | $467,933 |
| KKR SPECIAL SITUATION FEEDER II LP | Other Service Provider | $418,169 | — | $418,169 |
| CREDIT VALUE FUND VII LP | Other Service Provider | $412,871 | — | $412,871 |
| COHESIVE CAPITAL PTNS IV LP | Other Service Provider | $409,438 | — | $409,438 |
| YORK SPECIAL OPPORTUNITY FUND II-A | Other Service Provider | $389,105 | — | $389,105 |
| DODGE & COX | Other Service Provider | $361,995 | — | $361,995 |
| PENNYBACKER VI LP | Other Service Provider | $351,629 | — | $351,629 |
| NEPC, LLC | Recordkeeper | $328,881 | — | $328,881 |
| EAGLE POINT CREDIT MANAGEMENT LLC | Other Service Provider | $327,427 | — | $327,427 |
| AON | Recordkeeper | $316,000 | — | $316,000 |
| UNIVERSE RE LLC | Other Service Provider | $298,393 | — | $298,393 |
| KAYNE SOLUTIONS FUND LP | Other Service Provider | $298,139 | — | $298,139 |
| BANK OF NEW YORK MELLON | Custodian / Trustee | $296,550 | — | $296,550 |
| WESTERN ASSET MANAGEMENT CO | Other Service Provider | $294,537 | — | $294,537 |
| COHESIVE CAPITAL PARTNERS III | Other Service Provider | $290,298 | — | $290,298 |
| WCAS XIV LP | Other Service Provider | $274,481 | — | $274,481 |
| OAK HILL CAPITAL PARTNERS V LP | Other Service Provider | $251,990 | — | $251,990 |
| DOMAIN ENTERTAINMENT FD II LP | Other Service Provider | $249,864 | — | $249,864 |
| NEW MOUNTAIN PARTNERS VI LP | Other Service Provider | $200,353 | — | $200,353 |
| CROWE LLP | Other Service Provider | $189,830 | — | $189,830 |
| KKR LENDING PARTNERS III LP | Other Service Provider | $159,338 | — | $159,338 |
| ACORE CREDIT PARTNERS II | Other Service Provider | $92,534 | — | $92,534 |
| BB CORE PLUS | Other Service Provider | $85,400 | — | $85,400 |
| APOLLO INVESTMENT FUND VIII LP | Other Service Provider | $84,975 | — | $84,975 |
| BLACKROCK INC | Other Service Provider | $70,145 | — | $70,145 |
| NAPIER PARK DEEP VAL CRED FUND III | Other Service Provider | $68,750 | — | $68,750 |
| STATE STREET BANK AND TRUST CO. | Other Service Provider | $52,045 | — | $52,045 |
| DYNAMO SOFTWARE INC. | Other Service Provider | $37,450 | — | $37,450 |
| APOLLO CREDIT OPP FD III LP | Other Service Provider | $35,466 | — | $35,466 |
| CCMP CAPITAL INVESTORS III LP | Other Service Provider | $35,434 | — | $35,434 |
| ASHBRIDGE ANNEX FUND I LP | Other Service Provider | $25,888 | — | $25,888 |
| CIEBA | Other Service Provider | $12,990 | — | $12,990 |
| ROCATON ADVISORS | Other Service Provider | $6,988 | — | $6,988 |
| ICE BAML INDEX | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INSTITUTIONAL OPERATIONS — Recordkeeper
- JP MORGAN ASSET MANAGEMENT — Recordkeeper
- MORGAN STANLEY — Recordkeeper
- NEW YORK LIFE INSURANCE — Recordkeeper
- NEPC, LLC — Recordkeeper
- AON — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,192,976
- Estimated Expense Ratio: 0.846% 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 | $50,591,515 | $40,136,176 | $640,996 | $189,830 | — |
| 2023 | $49,282,637 | $39,316,191 | $961,060 | $175,285 | — |
| 2022 | $43,357,975 | $32,124,245 | $1,955,357 | — | $1,118,752 |