DTE Energy Company Retirement Plan

DTE Energy Company Retirement Plan

The DTE Energy Company Retirement Plan provides pension income, healthcare coverage and a Retiree Reimbursement Arrangement for former employees. It operates as the defined-benefit vehicle sponsored by the Detroit-based utility. Allocations include a private real estate portfolio of funds and direct holdings, diversified timberland positions in the United States, and private mezzanine debt. Public equity exposure reached an estimated $4.7 billion, representing about 47 percent of assets through commingled funds and separate accounts. The plan also participates in private equity partnerships as a limited partner via the Master Plan Trust. DTE maintains relationships with PwC as auditor and JPMorgan Chase as trustee and custodian. The DTE Energy Foundation, established in 1988, runs separate philanthropic programs focused on Michigan communities. Governance flows through the DTE Energy Investment Committee, which selects and retains investment options for the plan.