Retirement plan

NEXTERA ENERGY, INC. EMPLOYEE RETIREMENT SAVINGS PLAN

Name: NEXTERA ENERGY, INC. - NEXTERA ENERGY, INC. EMPLOYEE RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: NEXTERA ENERGY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEXTERA ENERGY, INC. EMPLOYEE RETIREMENT SAVINGS PLAN, NEXTERA ENERGY, INC.

NEXTERA ENERGY, INC.EIN 59-2449419Plan #002PY 2020

700 UNIVERSE BOULEVARD HRB/JB - JUNO BEACH, FL 334080420561-304-6123nexteraenergy.comLinkedIn10001+ employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$5.70B assets

Prospect flagsHigh assets / participantCorrective distributions

Top hat statement on fileNQDC

Filed December 27, 2011

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$6332.1M

+16.8% from 2019

Total participants

19,519

+0.9% from 2019

Average account balance

$330,244

+15.6% from 2019

Annual return

23.08%

-7.94 pp from 2019

Benchmarks

See 1,039 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,039 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$5.48B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$254K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

21,635

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$294.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$173

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 12 · EIN 04-2647786	Trustee (bank, trust company, or simi...	$1,281,631
T ROWE PRICE RPS INC6+ years Filed as: T ROWE PRICE Service code 28 100 EAST PRATT ST · BALTIMORE, MD 21202	Investment Management	$1,254,473
JACKSON SQUARE PARTNERS6+ years Filed as: JACKSON SQUARE Service code 28 101 CALIFORNIA STREET SUITE 3750 · SAN FRANCISCO, CA 94111	Investment Management	$1,207,710
NEXTERA ENERGY, INC.6+ years Service code 10 · EIN 59-2499419	Accounting	$143,403
ROCATON INVESTMENT ADVISORS, LLC4 years Filed as: ROCATON INVESTMENT ADVISORS LLC Service code 16 · EIN 04-3638035	Consulting	$108,257
CROWE LLP3 years Service code 10 · EIN 35-0921680	Accounting	$73,901
SMARTPATH, INC.3 years Service code 16 · EIN 37-1851490	Consulting	$7,188
CURCIO WEBB2 years Service code 16 · EIN 36-4171366	Consulting	$5,934

Plan features & details

Pension benefit codes2E2F2H2I2J2K2O2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4.9M

$334 / participant

Investment mgmt$3M69.3%
Other / not subdivided$2M30.7%

% of EOY assets

0.078%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$330,244

$106,273+210.8%

$112,977+192.3%

$106,273+210.8%

Participation rate

97.7%

70.8%+26.9pp

82.6%+15.1pp

70.8%+26.9pp

Annual return

23.08%

21.70%+1.4pp

24.24%-1.2pp

21.70%+1.4pp

Employer contribution / active EE

$2,722-100.0%

$4,255-100.0%

$2,722-100.0%

Participant deferral / active EE

$11,589

$4,601+151.9%

$5,836+98.6%

$4,601+151.9%

Admin fee / account holder

$256

$78+227.0%

$6,294-95.9%

$78+227.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 12 · EIN 04-2647786

Trustee (bank, trust company, or simi...

$1,281,631

T ROWE PRICE RPS INC6+ years

Filed as: T ROWE PRICE

Service code 28

100 EAST PRATT ST · BALTIMORE, MD 21202

Investment Management

$1,254,473

JACKSON SQUARE PARTNERS6+ years

Filed as: JACKSON SQUARE

Service code 28

101 CALIFORNIA STREET SUITE 3750 · SAN FRANCISCO, CA 94111

Investment Management

$1,207,710

NEXTERA ENERGY, INC.6+ years

Service code 10 · EIN 59-2499419

Accounting

$143,403

ROCATON INVESTMENT ADVISORS, LLC4 years

Filed as: ROCATON INVESTMENT ADVISORS LLC

Service code 16 · EIN 04-3638035

Consulting

$108,257

CROWE LLP3 years

Service code 10 · EIN 35-0921680

Accounting

$73,901

SMARTPATH, INC.3 years

Service code 16 · EIN 37-1851490

Consulting

$7,188

CURCIO WEBB2 years

Service code 16 · EIN 36-4171366

Consulting

$5,934

NEXTERA ENERGY, INC. EMPLOYEE RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEXTERA ENERGY, INC. EMPLOYEE RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion