Defined Benefit (Pension) · DOL Form 5500 · 2024

Teco Energy, LLC Pension Plan

Data updated 2026-08-25

$744M
Total assets Above avg plan size
3,519
Participants Above avg headcount
98th
Percentile by assets National rank
$211,357
Avg per participant Above avg balance/head
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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.

  • #1,056 in Management of Enterprises (1,133 peers)

Coverage in Florida

Teco Energy Group Retirement Plan covers 3,519 participants in Florida, 5.6x the typical Florida plan (state average ~628 per filing). Assets: $744M.

#1,056
in Management of Enterprises (1,133 peers)
+3.0%
assets growth YoY
7.5×
vs typical plan assets (national mean)

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's outsized position by total assets

Teco Energy Group Retirement Plan vs every filed plan by assets

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

$743,765,089 Top 2% higher than 98% 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 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 Plan lands in the large band (3,519 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

DOL schedule card

Filing strip 592052286 · Teco Energy, LLC PY 2024 · Defined Benefit (Pension)

Teco Energy Group Retirement Plan · $744M · 3,519 · 98th

  • RANK $744M
  • PHOTO 3,519
  • IND 98th
  • EOY Defined Benefit (Pension)
  • 5500 near The Ohiohealth Cash Balance Retirement Plan
  • ASSETS ind #1056

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 Plan in the asset neighbourhood

Pacificorp Retirement Plan$747MCement and Concrete Workers DC Pension FundCement and Concrete Workers …$745MTranscanada USA Services Inc. Retirement PlanTranscanada USA Services Inc…$745MTeco Energy Group Retirement PlanTeco Energy Group Retirement…$744MThe Ohiohealth Cash Balance Retirement PlanThe Ohiohealth Cash Balance …$743M
End-of-year total assets ($M) among Teco Energy Group Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$722M
Net Assets (End of Year)$705M
Net Income-$3M
Employer EIN592052286
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teco Energy, LLC)

Sponsor-wide plan assets over time

All Teco Energy, LLC 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 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 Scatter plot of 6 data points. 05000100001500020000 02468 Total assets ($B) Participants Teco Energy Group Retirement Plan, Total assets ($B): 0.743765089 · Participants: 3519Teco Energy Group Retirement PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.598643443 · Participants: 4996L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.345055504 · Participants: 14419Nextera Energy, Inc. Employee Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.667043153 · Participants: 3950Retirement Accumulation Plan for Partners of PwcCsx Pension Plan, Total assets ($B): 2.291461429 · Participants: 2293Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.933306082 · Participants: 5001Retirement Benefit Accumulation Plan for Employees of Pwc
Teco Energy Group Retirement Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Teco Energy Group Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is The Ohiohealth Cash Balance Retirement Plan in OH ($743M); by covered participants it is Constellation Employee Pension Plan in PA (3,518 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($744M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,519 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 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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teco Energy Group Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Constellation Employee Pension Plan in PA (3,518 participants, $1.2B in assets).