401(k) · DOL Form 5500 · 2022

Teco Energy, Inc. 401(k) Plan

Data updated 2026-08-11

$939M
Total assets
3,789
Participants
99th
Percentile by assets
$247,776
Avg per participant
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Official DOL plan name: Teco Energy Group Retirement Savings Plan · Sponsored by Teco Energy, Inc. · Florida · Management of Enterprises

$939M in assets, 3,789 participants

Teco Energy, Inc.'s Teco Energy Group Retirement Savings Plan reported $939M in total assets and 3,789 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #1,140 in Management of Enterprises (1,193 peers)

Coverage in Florida

Teco Energy Group Retirement Savings Plan covers 3,789 participants in Florida, 6.0x the typical Florida plan (state average ~628 per filing). Assets: $939M.

$939M
total plan assets (2022 EOY)
3,789
covered participants
99th
percentile by assets (of 139,126 plans)
$247,776
avg assets per participant

The plan reported a net loss of $222M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Teco Energy Group Retirement Savings Plan reports 3,789 participants - 6.0x that state average ($939M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$939M
Net Income-$222M
Employer EIN592052286
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teco Energy, Inc.)

$1.6B$1.7B$1.8B$1.9B 202220232024 $1.67B $1.87B ▲ +12.0%
Total plan assets by year, all Teco Energy, Inc. plans on file
Year Plans Participants Total Assets
2022 2 7,245 $1.7B
2023 2 7,298 $1.8B
2024 2 7,608 $1.9B

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Teco Energy Group Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Teco Energy Group Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 051015 Total assets ($B) Participants Teco Energy Group Re…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Teco Energy Group Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Teco Energy Group Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Teco Energy Group Retirement Savings Plan assets move in 2022?
Teco Energy Group Retirement Savings Plan declined sharply - down 19.1% during 2022, from $1.2B to $939M. Reported net income was -$222M.
How have Teco Energy, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Teco Energy, Inc.'s sponsor-wide assets grew 12.2%, from $1.7B to $1.9B.
Where does Teco Energy Group Retirement Savings Plan rank by assets among Form 5500 filers?
Teco Energy Group Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Teco Energy Group Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Edward- Elmhurst Healthcare Retirement Savings Plan in IL ($939M, 8,786 participants).

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Filing takeaways

Ways to act on Teco Energy Group Retirement Savings Plan's numbers.