Teco Energy 401(k) match, vesting and fees
What Teco Energy's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Ins Co of America | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 35 defined-contribution plans in management of companies and enterprises with 5,000 to 9,999 participants.
| Teco Energy: employer contribution per participant | $4,966 | |
| Peer median | $2,915 |
| Teco Energy: average balance | $212,674 | |
| Peer median | $131,844 |
| Teco Energy: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.1B at the end of plan year 2023 to $1.1B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,416 | $1.1B | $26.4M | $4,966 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 5,338 | $1.1B | $24.4M | $4,679 | 0.02% | Not published | Form 5500 ↗ |
Other Teco Energy plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Teco Energy Group Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Conduent | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Teco Energy match 401(k) contributions?
The match terms for the Teco Energy Group Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $26.4M in employer contributions, about $4,966 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Teco Energy 401(k) match vested?
The vesting schedule for the Teco Energy Group Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Teco Energy 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Ins Co of America. The plan administrator is Teco Energy, Inc..
I left Teco Energy. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Teco Energy, Inc., (813) 228-4111) or the recordkeeper, Empower Annuity Ins Co of America. The Teco Energy old 401(k) page lists the contacts from every plan filing. Find an old Teco Energy 401(k)
Data from the public Form 5500 annual reports Teco Energy filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Teco Energy. Not financial advice. Report a correction · Methodology