401(k) · DOL Form 5500 · 2024

Cleco Power LLC 401(k) Plan

Data updated 2026-08-25

$476M
Total assets Above avg plan size
1,355
Participants Near avg headcount
97th
Percentile by assets National rank
$351,344
Avg per participant High balance/head
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Official DOL plan name: Cleco Power LLC 401(k) Savings & Investment Plan · Sponsored by Cleco Power LLC · Louisiana · Utilities

$476M in assets, 1,355 participants

Cleco Power LLC's Cleco Power LLC 401(k) Savings & Investment Plan reported $476M in total assets and 1,355 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #587 in Utilities (732 peers)

Coverage in Louisiana

Cleco Power LLC 401(k) Savings & Investment Plan covers 1,355 participants in Louisiana, 2.7x the typical Louisiana plan (state average ~495 per filing). Assets: $476M.

#587
in Utilities (732 peers)
+5.6%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Cleco Power LLC 401(k) Savings & Investment Plan's outsized position by total assets

Cleco Power LLC 401(k) Savings & Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$476,070,841 Top 3% higher than 97% of 123,620 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 2024

Cleco Power LLC 401(k) Savings & Investment Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cleco Power LLC 401(k) Savings & Investment Plan lands in the large band (1,355 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cleco Power LLC 401(k) Savings & Investment Plan reported net income fell from $56M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Cleco Power LLC 401(k) Savings & Investment Plan end-of-year assets rose from $451M in the plan year 2023 filing to $476M in the plan year 2024 filing.
  • Cleco Power LLC 401(k) Savings & Investment Plan reported participants rose from 1,312 in the plan year 2023 filing to 1,355 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 720244480 · Cleco Power LLC PY 2024 · 401(k)

Cleco Power LLC 401(k) Savings & Investment Plan · $476M · 1,355 · 97th

  • RANK $476M
  • RANK 1,355
  • RANK 97th
  • RANK 401(k)
  • RANK near The Broad Institute, Inc. 401(k) Retirement Plan
  • RANK ind #587

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 Utilities retirement plans → · Plans in Louisiana →

Cleco Power LLC 401(k) Savings & Investment Plan in the asset neighbourhood

Ghd Inc. 401(k) Employees' Savings PlanGhd Inc. 401(k) Employees' S…$477MCleco Power LLC 401(k) Savings & Investment PlanCleco Power LLC 401(k) Savin…$476MThe Broad Institute, Inc. 401(k) Retirement PlanThe Broad Institute, Inc. 40…$476MMercury Employees Retirement Investment TrustMercury Employees Retirement…$476MOtis Retirement Savings Plan$476M
End-of-year total assets ($M) among Cleco Power LLC 401(k) Savings & Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Louisiana filing particulars

Total Assets (Beginning of Year)$451M
Net Assets (End of Year)$476M
Net Income$25M
Employer EIN720244480
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cleco Power LLC)

Sponsor-wide plan assets over time

All Cleco Power LLC plans reported in each filing year

Latest sponsor-wide plan assets
$890M 11.672860805212402% vs 2022
2024 filing year
$750M$800M$850M$900M 202220232024 $797M $890M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 1,714 $797M
2023 2 1,706 $874M
2024 2 1,725 $890M

Nearby 401(k) Plans in Louisiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cleco Power LLC 401(k) Savings & Investment Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 02468 Total assets ($B) Participants Cleco Power LLC 401(k) Savings & Investment Plan, Total assets ($B): 0.476070841 · Participants: 1355Cleco Power LLC 401(k) Savings & Investment PlanLumen 401(k) Savings Plan, Total assets ($B): 7.295025591 · Participants: 26319Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 4.363805537 · Participants: 9655Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.6891375 · Participants: 32229Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 1.01914034 · Participants: 13357Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.954895996 · Participants: 18862Amedisys Holding, LLC 401(k) Plan
Cleco Power LLC 401(k) Savings & Investment Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare Cleco Power LLC 401(k) Savings & Investment Plan side-by-side with 3 peers →

Cleco Power LLC 401(k) Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is The Broad Institute, Inc. 401(k) Retirement Plan in MA ($476M); by covered participants it is Indiana Pipe Trades Defined Contribution Pension Plan in IN (1,355 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($476M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,355 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cleco Power LLC 401(k) Savings & Investment Plan assets move in 2024? ▼
Cleco Power LLC 401(k) Savings & Investment Plan grew at a solid clip - up 5.6% during 2024, from $451M to $476M. Reported net income was $25M.
How have Cleco Power LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cleco Power LLC's sponsor-wide assets grew 11.7%, from $797M to $890M.
Where does Cleco Power LLC 401(k) Savings & Investment Plan rank by assets among Form 5500 filers? ▼
Cleco Power LLC 401(k) Savings & Investment Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Cleco Power LLC 401(k) Savings & Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Broad Institute, Inc. 401(k) Retirement Plan in MA ($476M, 2,196 participants).
Which 401(k) plans cover a similar participant headcount to Cleco Power LLC 401(k) Savings & Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Indiana Pipe Trades Defined Contribution Pension Plan in IN (1,355 participants, $92M in assets).

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) - original filing retrieval by EIN 720244480.

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.