401(k) · DOL Form 5500 · 2023

Teco Energy, Inc. 401(k) Plan

Data updated 2026-08-06

$1.1B
Total assets
3,917
Participants
99th
Percentile by assets
$270,607
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

$1.1B in assets, 3,917 participants

Teco Energy, Inc.'s Teco Energy Group Retirement Savings Plan reported $1.1B in total assets and 3,917 participants in its 2023 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 126,618 plans)
  • #1,079 in Management of Enterprises (1,135 peers)

Coverage in Florida

Teco Energy Group Retirement Savings Plan covers 3,917 participants in Florida, 6.2x the typical Florida plan (state average ~631 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY)
3,917
covered participants
99th
percentile by assets (of 126,618 plans)
$270,607
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teco Energy Group Retirement Savings Plan reported net income rose from -$222M in the plan year 2022 filing to $121M in the plan year 2023 filing.
  • Teco Energy Group Retirement Savings Plan end-of-year assets rose from $939M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Teco Energy Group Retirement Savings Plan reported participants rose from 3,789 in the plan year 2022 filing to 3,917 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Teco Energy Group Retirement Savings Plan reports 3,917 participants - 6.2x that state average ($1.1B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$939M
Net Assets (End of Year)$1.1B
Net Income$121M
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 05101520 Total assets ($B) Participants Teco Energy Group Re…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
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 2023?
Teco Energy Group Retirement Savings Plan grew at a solid clip - up 12.9% during 2023, from $939M to $1.1B. Reported net income was $121M.
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 126,618 plans that reported assets for plan year 2023 (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 William Blair 401(k) and Profit Sharing Plan in IL ($1.1B, 1,979 participants).

Next read for Teco Energy Group Retirement Savings Pla…

Filing takeaways

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