401(k) · DOL Form 5500 · 2023

Teco Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
3,917
Participants Above avg headcount
99th
Percentile by assets National rank
$270,607
Avg per participant High balance/head
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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.

  • #1,081 in Management of Enterprises (1,137 peers)

Coverage in Florida

Teco Energy Group Retirement Savings Plan covers 3,917 participants in Florida, 6.2x the typical Florida plan (state average ~628 per filing). Assets: $1.1B.

#1,081
in Management of Enterprises (1,137 peers)
+12.9%
assets growth YoY
11×
vs typical plan assets (national mean)

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

Teco Energy Group Retirement Savings Plan vs every filed plan by assets

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

$1,059,968,428 Top 1% higher than 99% 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 Savings 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 Savings Plan lands in the large band (3,917 participants).

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 2022→2023 release diff →

Published 5500 schedule card

Filing strip 592052286 · Teco Energy, Inc. PY 2023 · 401(k)

Teco Energy Group Retirement Savings Plan · $1.1B · 3,917 · 99th

  • EOY $1.1B
  • 5500 3,917
  • ASSETS 99th
  • PCT 401(k)
  • EIN near William Blair 401(k) and Profit Sharing Plan
  • RANK ind #1081

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 Savings Plan in the asset neighbourhood

Teco Energy Group Retirement Savings PlanTeco Energy Group Retirement…$1.1BWilliam Blair 401(k) and Profit Sharing PlanWilliam Blair 401(k) and Pro…$1.1BKing & Spalding LLP Profit Sharing - 401(k) PlanKing & Spalding LLP Profit S…$1.1BG & a Partners Multiple Employer 401(k) PlanG & a Partners Multiple Empl…$1.1BOrrick, Herrington & Sutcliffe LLP Retirement PlanOrrick, Herrington & Sutclif…$1.1B
End-of-year total assets ($B) among Teco Energy Group Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

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 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 Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Teco Energy Group Retirement Savings Plan, Total assets ($B): 1.059968428 · Participants: 3917Teco Energy Group Retirement Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Teco Energy Group Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Teco Energy Group Retirement Savings Plan side-by-side with 3 peers →

Teco Energy Group Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is William Blair 401(k) and Profit Sharing Plan in IL ($1.1B); by covered participants it is Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan in NJ (3,917 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,917 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 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 127,072 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).
Which 401(k) plans cover a similar participant headcount to Teco Energy Group Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan in NJ (3,917 participants, $2.1B 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.