Defined Benefit (Pension) · DOL Form 5500 · 2024

Teco Energy, LLC Pension Plan

Data updated 2026-07-24

$744M
Total assets: 3,519
Participants: 98th
Percentile by assets: $211,357
Avg per participant

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

$744M in assets, 3,519 participants

Teco Energy, LLC's Teco Energy Group Retirement Plan reported $744M in total assets and 3,519 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 116,472 plans)

Coverage in Florida

Teco Energy Group Retirement Plan covers 3,519 participants in Florida, 5.6x the typical Florida plan (state average ~631 per filing). Assets: $744M.

$744M
total plan assets (2024 EOY): 3,519
covered participants: 98th
percentile by assets (of 116,472 plans): $211,357
avg assets per participant

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.

Teco Energy Group Retirement Plan reported net income fell from $41M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
Teco Energy Group Retirement Plan reported participants rose from 3,381 in the plan year 2023 filing to 3,519 in the plan year 2024 filing.
Teco Energy Group Retirement Plan end-of-year assets rose from $722M in the plan year 2023 filing to $744M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Management of Enterprises

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Teco Energy Group Retirement Plan reports 3,519 participants - 5.6x that state average ($744M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)	$722M
Net Assets (End of Year)	$705M
Net Income	-$3M
Employer EIN	592052286
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Teco Energy, LLC)

Total plan assets by year, all Teco Energy, LLC 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 Defined Benefit (Pension) Plans in Florida

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

Teco Energy Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

L3harris Technologies Consolidated Pension Plan $7.6B · 4,996
Nextera Energy, Inc. Employee Pension Plan $5.3B · 14,419
Csx Pension Plan $2.3B · 2,293
The Dun & Bradstreet Corporation Retirement Account $1.0B · 578
Jm Family Associates' Retirement Plan $828M · 3,992

Compare Teco Energy Group Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Teco Energy Group Retirement Plan by total assets, not by location.

The Ohiohealth Cash Balance Retirement Plan (OH) $743M · 6,616
Transcanada USA Services Inc. Retirement Plan (TX) $745M · 983
Cement and Concrete Workers DC Pension Fund (NY) $745M · 977
Pacificorp Retirement Plan (OR) $747M · 1,007

Frequently Asked Questions

How did Teco Energy Group Retirement Plan assets move in 2024? ▼

Teco Energy Group Retirement Plan edged up modestly - up 3.0% during 2024, from $722M to $744M. Reported net income was -$3M.

How have Teco Energy, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Teco Energy, LLC's sponsor-wide assets grew 12.2%, from $1.7B to $1.9B.

Where does Teco Energy Group Retirement Plan rank by assets among Form 5500 filers? ▼

Teco Energy Group Retirement Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Teco Energy Group Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Ohiohealth Cash Balance Retirement Plan in OH ($743M, 6,616 participants).

Next read for Teco Energy Group Retirement Plan

Filing takeaways

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

By total assets, Teco Energy Group Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
Teco Energy, LLC's sponsor-wide assets have grown 12.2% since 2022 across 3 plan years on file. More Management of Enterprises plans

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.

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.