Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Cleco Corporate Holdings LLC Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Cleco Power LLC Β· Louisiana Β· Utilities

What the 2023 filing shows

Cleco Corporate Holdings LLC Pension Plan holds $414M for 370 participants - about $1.1M per participant, down 2.0% over the 2024 plan year.

$414M
total plan assets (2024 EOY)
370
covered participants
$1.1M
avg assets per participant
-2.0%
assets change YoY

The plan reported a net loss of $7M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$414M
Participants
370
State
Industry
Utilities

What the Filing Says About Cleco Corporate Holdings LLC Pension Plan

Cleco Corporate Holdings LLC Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Cleco Power LLC, headquartered in Louisiana. As of the 2024 Form 5500 filing, the plan reports $414M in total end-of-year assets and covers 370 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 720244480, and the plan has been effective since 1981-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $423M at the beginning of 2024 to $414M at year-end β€” a decline of 2.0%. Net assets (after liabilities) closed the year at $414M, with reported net income of $-6,794,150 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$423M
Total Assets (End of Year)$414M
Net Assets (End of Year)$414M
Net Income$-6,794,150
Plan TypeDefined Benefit (Pension)
Employer EIN720244480
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleco Power LLC)

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

Nearby Defined Benefit (Pension) Plans in Louisiana

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

Frequently Asked Questions

How much money is in the Cleco Corporate Holdings LLC Pension Plan?
As of the 2024 Form 5500 filing, Cleco Corporate Holdings LLC Pension Plan holds $414M in total assets with 370 participants. It is sponsored by Cleco Power LLC.
What type of plan is Cleco Corporate Holdings LLC Pension Plan?
Cleco Corporate Holdings LLC Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1981-01-01. The plan is filed with the U.S. Department of Labor under EIN 720244480.
Who sponsors the Cleco Corporate Holdings LLC Pension Plan?
Cleco Corporate Holdings LLC Pension Plan is sponsored by Cleco Power LLC, located in Louisiana. The sponsor's EIN is 720244480 and the plan operates in the Utilities industry.
How did Cleco Corporate Holdings LLC Pension Plan perform in 2024?
Cleco Corporate Holdings LLC Pension Plan declined by 2.0% during 2024, moving from $423M to $414M in total assets. Net income was $-6,794,150.
Where can I find official filings for Cleco Corporate Holdings LLC Pension Plan?
Official Form 5500 filings for Cleco Corporate Holdings LLC Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 720244480 or plan name at efast.dol.gov.
How does Cleco Corporate Holdings LLC Pension Plan compare to other plans?
You can compare Cleco Corporate Holdings LLC Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Louisiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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