Defined Benefit (Pension) · DOL Form 5500 · 2023
Teco Energy, Inc. Pension Plan
Data updated 2026-08-11
- $722M
- Total assets
- 3,381
- Participants
- 98th
- Percentile by assets
- $213,511
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $722M
- total plan assets (2023 EOY)
- 3,381
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $213,511
- avg assets per participant
Where Teco Energy Group Retirement Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Teco Energy Group Retirement Plan reports 3,381 participants - 5.4x that state average ($722M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $732M |
|---|---|
| Net Assets (End of Year) | $707M |
| Net Income | $41M |
| Employer EIN | 592052286 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Teco Energy, Inc.)
| 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
- L3harris Technologies Consolidated Pension Plan $7.7B · 4,676
- Nextera Energy, Inc. Employee Pension Plan $5.1B · 13,121
- Csx Pension Plan $2.4B · 2,446
- Retirement Accumulation Plan for Partners of Pwc $2.2B · 3,967
- Retirement Benefit Accumulation Plan for Employees of Pwc $1.9B · 5,514
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Teco Energy Group Retirement Plan by total assets, not by location.
- Trucking Employees of North Jersey Pension Fund (NJ) $721M · 419
- 2019 Bmw Pension Plan (NJ) $721M · 1,442
- Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation (WI) $720M · 569
- Michigan Carpenters' Pension Fund (MI) $725M · 3,408
Frequently Asked Questions
How did Teco Energy Group Retirement Plan assets move in 2023? ▼
How have Teco Energy, Inc. plan assets changed over time? ▼
Where does Teco Energy Group Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Teco Energy Group Retirement Plan? ▼
Next read for Teco Energy Group Retirement Plan
Filing takeaways
Ways to act on Teco Energy Group Retirement Plan's numbers.
- By total assets, Teco Energy Group Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
- Teco Energy, Inc.'s sponsor-wide assets have grown 12.2% since 2022 across 3 plan years on file. More Management of Enterprises plans