401(k) · DOL Form 5500 · 2024

Teco Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
4,089
Participants Above avg headcount
99th
Percentile by assets National rank
$276,648
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, 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.

  • #1,082 in Management of Enterprises (1,133 peers)

Coverage in Florida

Teco Energy Group Retirement Savings Plan covers 4,089 participants in Florida, 6.5x the typical Florida plan (state average ~628 per filing). Assets: $1.1B.

#1,082
in Management of Enterprises (1,133 peers)
+6.7%
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 2024 · DOL Form 5500

$1,131,212,608 Top 1% higher than 99% 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

Teco Energy Group Retirement Savings 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. Teco Energy Group Retirement Savings Plan lands in the large band (4,089 participants).

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 →

Form 5500 schedule snapshot

Filing strip 592052286 · Teco Energy, Inc. PY 2024 · 401(k)

Teco Energy Group Retirement Savings Plan · $1.1B · 4,089 · 99th

  • BOY $1.1B
  • BOY 4,089
  • BOY 99th
  • BOY 401(k)
  • BOY near Vertiv Group Corporation Employee Retirement Savings Plan
  • BOY ind #1082

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…$1.1BVertiv Group Corporation Employee Retirement Savings PlanVertiv Group Corporation Emp…$1.1BIhg 401(k) Savings and Retirement PlanIhg 401(k) Savings and Retir…$1.1BWebster Bank Retirement Savings PlanWebster Bank Retirement Savi…$1.1BWorld Wide Technology, LLC Employee Salary Deferral Retirement ProgramWorld Wide Technology, LLC E…$1.1B
End-of-year total assets ($B) among Teco Energy Group Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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.)

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): 1.131212608 · Participants: 4089Teco Energy Group Retirement Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Teco Energy Group Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

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 Vertiv Group Corporation Employee Retirement Savings Plan in OH ($1.1B); by covered participants it is Nhs Affiliated Companies 401(k) Profit Sharing Plan in AL (4,090 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,089 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 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 123,622 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).
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 Nhs Affiliated Companies 401(k) Profit Sharing Plan in AL (4,090 participants, $97M in assets).