401(k) · DOL Form 5500 · 2024

Teco Energy, Inc. 401(k) Plan

Data updated 2026-07-24

$1.1B
Total assets
4,089
Participants
99th
Percentile by assets
$276,648
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Teco Energy Group Retirement Savings Plan · Sponsored by Teco Energy, Inc. · Florida · Management of Enterprises

$1.1B in assets, 4,089 participants

Teco Energy, Inc.'s Teco Energy Group Retirement Savings Plan reported $1.1B in total assets and 4,089 participants in its 2024 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 116,472 plans)

Coverage in Florida

Teco Energy Group Retirement Savings Plan covers 4,089 participants in Florida, 6.5x the typical Florida plan (state average ~631 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY)
4,089
covered participants
99th
percentile by assets (of 116,472 plans)
$276,648
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teco Energy Group Retirement Savings Plan reported net income fell from $121M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Teco Energy Group Retirement Savings Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Teco Energy Group Retirement Savings Plan reported participants rose from 3,917 in the plan year 2023 filing to 4,089 in the plan year 2024 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 4,089 participants - 6.5x that state average ($1.1B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income$71M
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…Publix Super Markets…Nextera Energy, Inc.…
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 2024?
Teco Energy Group Retirement Savings Plan grew at a solid clip - up 6.7% during 2024, from $1.1B to $1.1B. Reported net income was $71M.
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 116,472 plans that reported assets for plan year 2024 (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 Vertiv Group Corporation Employee Retirement Savings Plan in OH ($1.1B, 3,650 participants).

Next read for Teco Energy Group Retirement Savings Pla…

Filing takeaways

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

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 592052286.

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