Employer · plans filed under one EIN
Duquesne Light Company
Pittsburgh, PA · Utilities
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Duquesne Light Company, based in Pittsburgh, Pennsylvania, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 4,961 participant records and $1.10B in net assets.
The largest is Duquesne Light Company Defined Benefit Retirement Plan, a defined benefit pension plan with 3,892 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $6.5M and participant contributions $12.4M in the latest plan years; benefits paid were $80.3M. Schedule C compensation reported to service provider organisations totalled $2.4M.
Combined net assets moved from $724M in 2009 to $1.10B in 2024 (up 51%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Duquesne Light Company Defined Benefit Retirement Plan | defined benefit pension plan | 2024 | 3,892 | $885M | $227,374 | — | $2.2M |
| Duquesne Light Company 401(k) Retirement Savings Plan for IBEW Represented Employees | 401(k) plan | 2024 | 1,069 | $211M | $197,071 | $7,301 | $193K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 4,961 | $1.10B | $6.5M | $12.4M |
| 2023 | 2 | 5,008 | $1.10B | $15.2M | $11.6M |
| 2022 | 2 | 5,106 | $1.03B | $14.8M | $11.0M |
| 2021 | 2 | 5,140 | $1.35B | $14.2M | $10.2M |
| 2020 | 2 | 5,190 | $1.32B | $13.8M | $9.5M |
| 2019 | 2 | 5,268 | $1.22B | $12.2M | $8.5M |
| 2018 | 2 | 5,568 | $1.09B | $17.1M | $8.3M |
| 2017 | 2 | 5,631 | $1.20B | $125M | $7.4M |
| 2016 | 2 | 5,684 | $1.01B | $42.2M | $6.6M |
| 2015 | 2 | 5,867 | $965M | $1.8M | $6.2M |
| 2014 | 2 | 5,853 | $1.04B | $3.0M | $6.1M |
| 2013 | 1 | 927 | $87.2M | $836K | $6.4M |
| 2012 | 2 | 6,531 | $963M | $60.1M | $5.7M |
| 2011 | 2 | 6,589 | $857M | $25.3M | $5.6M |
| 2010 | 2 | 6,647 | $854M | $87.3M | $5.5M |
| 2009 | 2 | 6,670 | $724M | $30.8M | $4.9M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Western Asset Management | Investment management | 1 | $516,908 |
| LCG Associates, Inc. | Consulting (general); Investment advisory (plan) | 2 | $485,780 |
| Nisa Investment Advisors | Investment management | 1 | $354,137 |
| BlackRock Institutional Trust Co. | Investment management | 1 | $289,513 |
| Hewitt Associates, LLC | Consulting (general) | 1 | $173,550 |
| BNY Mellon Asset Service | Custodial (other than securities); Custodial (securities) | 1 | $165,320 |
| Vanguard Advisers Inc. | Investment advisory (participants) | 1 | $97,106 |
| Towers Watson Delaware, Inc. | Consulting (general) | 1 | $76,243 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Trustee (directed); Participant loan processing | 1 | $61,412 |
| Mellon Capital Management Corp. | Investment management | 1 | $60,327 |
| Duquesne Light Company | — | 1 | $49,630 |
| Lgima US Credit Fund LLC | Investment management | 1 | $47,483 |
| Morgan Stanley | Investment management | 1 | $0 |
| Morgan Lewis & Bockius LLP | Consulting (general) | 1 | $0 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Duquesne Light Company have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Duquesne Light Company Defined Benefit Retirement Plan and Duquesne Light Company 401(k) Retirement Savings Plan for IBEW Represented Employees. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Duquesne Light Company contribute to its plans?
$6,520,066 in employer contributions across these plans in their latest plan years, about $5,461 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Western Asset Management, LCG Associates, Inc., Nisa Investment Advisors and BlackRock Institutional Trust Co. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.