NextEra Energy 401(k) Plan

The NextEra Energy, Inc. Employee Retirement Savings Plan covered 22,082 total participants and held approximately $5.48 billion in net assets at the end of the 2024 plan year. Fidelity Workplace Services LLC serves as recordkeeper and Fidelity Management Trust Company serves as trustee. The Plan includes an employee stock ownership plan (ESOP) component, and employer matching contributions are made in NextEra Energy common stock, which represented roughly $1.8 billion of plan assets at year-end. The Plan features automatic enrollment with annual auto-escalation up to 10% and offers both pretax and Roth contribution options.

Participants: 22,304 Plan assets: $5,484,619,612 Plan number: 002 Form 5500 plan year: 2024 Last verified: May 29, 2026 View Form 5500
Employer match
Employer matching contributions are made through the ESOP component in the form of NextEra Energy common stock; specific match formula not disclosed in the 2024 filing (refer to Summary Plan Description)
Investment options
30
funds in the lineup
Auto-enrollment
Eligible employees are automatically enrolled in pretax contributions unless they revoke or modify the election within 60 days of hire or rehire, with an automatic 1% annual increase up to a maximum of 10%; default investment fund not speci

By Zac Murphy, CFA charterholder and CFP professional. Published May 29, 2026. Verified against Form 5500 plan year 2024.

Build your allocation
Need some help investing your 401(k)?

Answer 13 quick questions to find your risk profile and see which of five sample allocations fits.

13 questions · about 3 minutes · no signup required

Fund lineup

Fund Asset Class Type
BlackRock Russell 2000 Index Fund M US Small Cap Index
BTC ACWI Ex US IMI M International Equity Index
BTC Equity Index J US Large Cap Index
BTC Russell 3000 M US Large Cap Index
BTC US Debt Index M US Bonds Index
Cohen & Steers US Realty Shares B Real Estate Active
Earnest SMID Cap Core US Mid Cap Active
LS Core Plus Fixed Income D US Bonds Active
PIMCO Diversified Real Asset Trust Commodities Active
Vanguard Target Retirement Income Trust Plus Target-date Index
Vanguard Target Retirement 2020 Trust Plus Target-date Index
Vanguard Target Retirement 2025 Trust Plus Target-date Index
Vanguard Target Retirement 2030 Trust Plus Target-date Index
Vanguard Target Retirement 2035 Trust Plus Target-date Index
Vanguard Target Retirement 2040 Trust Plus Target-date Index
Vanguard Target Retirement 2045 Trust Plus Target-date Index
Vanguard Target Retirement 2050 Trust Plus Target-date Index
Vanguard Target Retirement 2055 Trust Plus Target-date Index
Vanguard Target Retirement 2060 Trust Plus Target-date Index
Vanguard Target Retirement 2065 Trust Plus Target-date Index
Vanguard Target Retirement 2070 Trust Plus Target-date Index
Russell 2000 Alpha Tilts Fund F US Small Cap Index
SSBK Government STIF Fund (US Large Cap Growth Fund) Money Market Active
SSBK STIF Fund (Small Mid Cap Growth Fund) Money Market Active
American Funds EuroPacific Growth R6 International Equity Active
Eaton Vance Floating-Rate & High Income Fund R6 High Yield Bonds Active
JPMorgan Equity Income Fund Class R6 US Large Cap Active
Vanguard Federal Money Market Fund Money Market Other
Managed Income Fund (Synthetic GIC) Stable Value Other
NextEra Energy, Inc. Common Stock Company Stock Other

Why our allocations use only index funds

The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation ideas below may consider using only the low-cost index options.

Employer match

Match summary
Employer matching contributions are made through the ESOP component in the form of NextEra Energy common stock; specific match formula not disclosed in the 2024 filing (refer to Summary Plan Description)
Match cap --
Effective match rate --
Vesting Participants are immediately 100% vested in their own employee contributions; vesting schedule for employer matching contributions is not disclosed in the 2024 filing (refer to Summary Plan Description). Full vesting occurs upon death, tota
Waiting period Eligible on the first day of the month coincident with the completion of one full month of service

Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with NextEra Energy Inc.

Find your risk profile

Answer 13 questions to see which allocation fits your situation.

Question 1 of 13

Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.

Allocation ideas

Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.

Recommended for you (based on your risk profile)
Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
BTC US Debt Index M 70%
SSBK Government STIF Fund (US Large Cap Growth Fund) 30%
0% stocks / 100% bonds
Recommended for you (based on your risk profile)
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
BTC US Debt Index M 49%
SSBK Government STIF Fund (US Large Cap Growth Fund) 21%
BTC Equity Index J 19%
BTC ACWI Ex US IMI M 8%
BlackRock Russell 2000 Index Fund M 3%
30% stocks / 70% bonds
Recommended for you (based on your risk profile)
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
BTC Equity Index J 39%
BTC US Debt Index M 28%
BTC ACWI Ex US IMI M 15%
SSBK Government STIF Fund (US Large Cap Growth Fund) 12%
BlackRock Russell 2000 Index Fund M 6%
60% stocks / 40% bonds
Recommended for you (based on your risk profile)
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
BTC Equity Index J 52%
BTC ACWI Ex US IMI M 20%
BTC US Debt Index M 14%
BlackRock Russell 2000 Index Fund M 8%
SSBK Government STIF Fund (US Large Cap Growth Fund) 6%
80% stocks / 20% bonds
Recommended for you (based on your risk profile)
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
BTC Equity Index J 65%
BTC ACWI Ex US IMI M 25%
BlackRock Russell 2000 Index Fund M 10%
100% stocks / 0% bonds
Stay on track

Get a plain-English breakdown of your plan

Occasional, no-jargon guidance on getting the most from your workplace retirement plan.

  • What your match is really worth
  • How to keep costs low with index funds
  • Plan updates when your filing changes

We send only what's useful. No advisor pitches, no data sales.

These allocation ideas are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.