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

Teco Energy Group Retirement Plan

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

Sponsored by Teco Energy, LLC · Florida · Management of Enterprises

What the 2023 filing shows

Teco Energy Group Retirement Plan holds $744M for 3,519 participants — about $211,357 per participant, up 3.0% over the 2024 plan year.

$744M
total plan assets (2024 EOY)
3,519
covered participants
$211,357
avg assets per participant
+3.0%
assets growth YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$744M
Participants
3,519
State
Industry
Management of Enterprises

What the Filing Says About Teco Energy Group Retirement Plan

Teco Energy Group Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Teco Energy, LLC, headquartered in Florida. As of the 2024 Form 5500 filing, the plan reports $744M in total end-of-year assets and covers 3,519 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 592052286, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $722M at the beginning of 2024 to $744M at year-end — a gain of 3.0%. Net assets (after liabilities) closed the year at $705M, with reported net income of $-2,787,298 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 — 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)$722M
Total Assets (End of Year)$744M
Net Assets (End of Year)$705M
Net Income$-2,787,298
Plan TypeDefined Benefit (Pension)
Employer EIN592052286
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teco Energy, LLC)

Year Plans Participants Total Assets
2022 2 7,245 $1.7B
2023 2 7,298 $1.8B
2024 2 7,608 $1.9B

Nearby Defined Benefit (Pension) Plans in Florida

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

Frequently Asked Questions

How much money is in the Teco Energy Group Retirement Plan?
As of the 2024 Form 5500 filing, Teco Energy Group Retirement Plan holds $744M in total assets with 3,519 participants. It is sponsored by Teco Energy, LLC.
What type of plan is Teco Energy Group Retirement Plan?
Teco Energy Group Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 592052286.
Who sponsors the Teco Energy Group Retirement Plan?
Teco Energy Group Retirement Plan is sponsored by Teco Energy, LLC, located in Florida. The sponsor's EIN is 592052286 and the plan operates in the Management of Enterprises industry.
How did Teco Energy Group Retirement Plan perform in 2024?
Teco Energy Group Retirement Plan grew by 3.0% during 2024, moving from $722M to $744M in total assets. Net income was $-2,787,298.
Where can I find official filings for Teco Energy Group Retirement Plan?
Official Form 5500 filings for Teco Energy Group Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 592052286 or plan name at efast.dol.gov.
How does Teco Energy Group Retirement Plan compare to other plans?
You can compare Teco Energy Group Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Florida 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) — original filing retrieval by EIN 592052286.

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

Reference: IRS Publication 590-B — 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.