Defined Benefit (Pension) · DOL Form 5500 · 2023

Teco Energy, Inc. Pension Plan

Data updated 2026-08-25

$722M
Total assets Above avg plan size
3,381
Participants Above avg headcount
98th
Percentile by assets National rank
$213,511
Avg per participant Above avg balance/head
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Official DOL plan name: Teco Energy Group Retirement Plan · Sponsored by Teco Energy, Inc. · Florida · Management of Enterprises

$722M in assets, 3,381 participants

Teco Energy, Inc.'s Teco Energy Group Retirement Plan reported $722M in total assets and 3,381 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #1,052 in Management of Enterprises (1,137 peers)

Coverage in Florida

Teco Energy Group Retirement Plan covers 3,381 participants in Florida, 5.4x the typical Florida plan (state average ~628 per filing). Assets: $722M.

#1,052
in Management of Enterprises (1,137 peers)
-1.4%
assets change YoY
7.2×
vs typical plan assets (national mean)

Teco Energy Group Retirement Plan's outsized position by total assets

Teco Energy Group Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$721,882,109 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Teco Energy Group Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teco Energy Group Retirement Plan lands in the large band (3,381 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teco Energy Group Retirement Plan reported net income rose from -$276M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Teco Energy Group Retirement Plan reported participants fell from 3,456 in the plan year 2022 filing to 3,381 in the plan year 2023 filing.
  • Teco Energy Group Retirement Plan end-of-year assets fell from $732M in the plan year 2022 filing to $722M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 592052286 · Teco Energy, Inc. PY 2023 · Defined Benefit (Pension)

Teco Energy Group Retirement Plan · $722M · 3,381 · 98th

  • BOY $722M
  • SCH 3,381
  • EBSA 98th
  • PART Defined Benefit (Pension)
  • TYPE near Trucking Employees of North Jersey Pension Fund
  • NET ind #1052

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Florida →

Teco Energy Group Retirement Plan in the asset neighbourhood

Michigan Carpenters' Pension FundMichigan Carpenters' Pension…$725MTeco Energy Group Retirement PlanTeco Energy Group Retirement…$722MTrucking Employees of North Jersey Pension FundTrucking Employees of North …$721M2019 Bmw Pension Plan$721MWec Energy Group Retirement Plan for Wisconsin Public Service CorporationWec Energy Group Retirement …$720M
End-of-year total assets ($M) among Teco Energy Group Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$732M
Net Assets (End of Year)$707M
Net Income$41M
Employer EIN592052286
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teco Energy, Inc.)

Sponsor-wide plan assets over time

All Teco Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 12.234570262219835% vs 2022
2024 filing year
$1.6B$1.7B$1.8B$1.9B 202220232024 $1.67B $1.87B ▲ +12.0%
Year Plans Participants Total Assets
2022 2 7,245 $1.7B
2023 2 7,298 $1.8B
2024 2 7,608 $1.9B

Nearby Defined Benefit (Pension) Plans in Florida

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Teco Energy Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. 050001000015000 0246810 Total assets ($B) Participants Teco Energy Group Retirement Plan, Total assets ($B): 0.721882109 · Participants: 3381Teco Energy Group Retirement PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
Teco Energy Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Teco Energy Group Retirement Plan side-by-side with 3 peers →

Teco Energy Group Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Trucking Employees of North Jersey Pension Fund in NJ ($721M); by covered participants it is Hormel Foods Corporation Hourly Employees' Pension Plan in MN (3,369 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($722M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,381 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Teco Energy Group Retirement Plan assets move in 2023? ▼
Teco Energy Group Retirement Plan edged down modestly - down 1.4% during 2023, from $732M to $722M. Reported net income was $41M.
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 Plan rank by assets among Form 5500 filers? ▼
Teco Energy Group Retirement Plan ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Teco Energy Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Trucking Employees of North Jersey Pension Fund in NJ ($721M, 419 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teco Energy Group Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hormel Foods Corporation Hourly Employees' Pension Plan in MN (3,369 participants, $333M in assets).

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 592052286.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.