401(k) · DOL Form 5500 · 2023

Cleco Power LLC 401(k) Plan

Data updated 2026-08-11

$451M
Total assets: 1,312
Participants: 97th
Percentile by assets: $343,551
Avg per participant

Official DOL plan name: Cleco Power LLC 401(k) Savings & Investment Plan · Sponsored by Cleco Power LLC · Louisiana · Utilities

$451M in assets, 1,312 participants

Cleco Power LLC's Cleco Power LLC 401(k) Savings & Investment Plan reported $451M in total assets and 1,312 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#587 in Utilities (721 peers)

Coverage in Louisiana

Cleco Power LLC 401(k) Savings & Investment Plan covers 1,312 participants in Louisiana, 2.7x the typical Louisiana plan (state average ~495 per filing). Assets: $451M.

$451M
total plan assets (2023 EOY): 1,312
covered participants: 97th
percentile by assets (of 127,072 plans): $343,551
avg assets per participant

Cleco Power LLC 401(k) Savings & Investment Plan reported net income rose from -$131M in the plan year 2022 filing to $56M in the plan year 2023 filing.
Cleco Power LLC 401(k) Savings & Investment Plan end-of-year assets rose from $395M in the plan year 2022 filing to $451M in the plan year 2023 filing.
Cleco Power LLC 401(k) Savings & Investment Plan reported participants rose from 1,277 in the plan year 2022 filing to 1,312 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Louisiana

Industry

Utilities

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Cleco Power LLC 401(k) Savings & Investment Plan reports 1,312 participants - 2.7x that state average ($451M EOY assets).

Louisiana filing particulars

Total Assets (Beginning of Year)	$395M
Net Assets (End of Year)	$451M
Net Income	$56M
Employer EIN	720244480
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Cleco Power LLC)

Total plan assets by year, all Cleco Power LLC plans on file

Year	Plans	Participants	Total Assets
2022	2	1,714	$797M
2023	2	1,706	$874M
2024	2	1,725	$890M

Nearby 401(k) Plans in Louisiana

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

Cleco Power LLC 401(k) Savings & Investment Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Lumen 401(k) Savings Plan $7.1B · 24,522
Savings Plan of Entergy Corporation and Subsidiaries $3.8B · 10,136
Ochsner Clinic Foundation 401(k) Plan $2.3B · 31,221
Louisiana Children's Medical Center Retirement and Savings Plan $867M · 12,934
Amedisys Holding, LLC 401(k) Plan $849M · 20,100

Compare Cleco Power LLC 401(k) Savings & Investm… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cleco Power LLC 401(k) Savings & Investment Plan by total assets, not by location.

The Christ Hospital 403(b) Retirement Savings Plan (OH) $451M · 6,885
Dewberry 401(k)/Profit-Sharing Plan (VA) $451M · 2,460
Space Exploration Technologies 401(k) Plan (CA) $451M · 11,701
Copeland Employee Savings Investment Plan (MO) $451M · N/A

Frequently Asked Questions

How did Cleco Power LLC 401(k) Savings & Investment Plan assets move in 2023? ▼

Cleco Power LLC 401(k) Savings & Investment Plan grew at a solid clip - up 14.1% during 2023, from $395M to $451M. Reported net income was $56M.

How have Cleco Power LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Cleco Power LLC's sponsor-wide assets grew 11.7%, from $797M to $890M.

Where does Cleco Power LLC 401(k) Savings & Investment Plan rank by assets among Form 5500 filers? ▼

Cleco Power LLC 401(k) Savings & Investment Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Cleco Power LLC 401(k) Savings & Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Christ Hospital 403(b) Retirement Savings Plan in OH ($451M, 6,885 participants).

Next read for Cleco Power LLC 401(k) Savings & Investm…

Filing takeaways

Ways to act on Cleco Power LLC 401(k) Savings & Investment Plan's numbers.

By total assets, Cleco Power LLC 401(k) Savings & Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Louisiana. Compare plans
Cleco Power LLC's sponsor-wide assets have grown 11.7% since 2022 across 3 plan years on file. More Utilities plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 720244480.