Employer · plans filed under one EIN
Cleco Power LLC
Pineville, LA · Utilities
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under Cleco Power LLC's employer identification number (Pineville, Louisiana). Their latest filings total 3,476 participant records and $890M in net assets.
The largest is Cleco Corporate Holdings LLC Pension Plan, a defined benefit pension plan with 1,913 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $25.2M and participant contributions $14.2M in the latest plan years; benefits paid were $94.1M. Schedule C compensation reported to service provider organisations totalled $3.3M.
Combined net assets moved from $423M in 2009 to $890M in 2024 (up 111%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Cleco Corporate Holdings LLC Pension Plan | defined benefit pension plan | 2024 | 1,913 | $414M | $216,429 | $52,939 | $1.7M |
| Cleco Power LLC 401(k) Savings & Investment Plan | 401(k) plan | 2024 | 1,563 | $476M | $304,587 | $8,003 | $1.6M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 3,476 | $890M | $25.2M | $14.2M |
| 2023 | 2 | 3,713 | $873M | $24.2M | $14.2M |
| 2022 | 2 | 3,708 | $797M | $8.8M | $14.1M |
| 2021 | 2 | 3,748 | $1.05B | $9.2M | $15.6M |
| 2020 | 2 | 3,803 | $1.02B | $10.7M | $15.9M |
| 2019 | 2 | 3,828 | $904M | $22.8M | $13.3M |
| 2018 | 2 | 3,476 | $751M | $18.2M | $10.7M |
| 2017 | 2 | 3,471 | $824M | $5.4M | $10.1M |
| 2016 | 2 | 3,547 | $741M | $5.1M | $9.8M |
| 2015 | 2 | 3,624 | $708M | $5.0M | $9.7M |
| 2014 | 2 | 3,641 | $755M | $4.6M | $9.3M |
| 2013 | 2 | 3,670 | $705M | $4.4M | $9.0M |
| 2012 | 2 | 3,736 | $651M | $38.3M | $8.8M |
| 2011 | 2 | 3,710 | $563M | $23.8M | $8.1M |
| 2010 | 2 | 3,774 | $510M | $43.8M | $7.5M |
| 2009 | 2 | 3,839 | $423M | $8.8M | $7.6M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Legal & General Investment Manageme | Investment management | 1 | $731,784 |
| Empower Advisory Group LLC | Investment management | 1 | $359,750 |
| Hewitt Associates LLC | Consulting (general) | 1 | $310,277 |
| Morgan Stanley Investment Managemen | Investment management | 1 | $285,324 |
| Empower Annuity Ins Co. -Trp Blue CH | — | 1 | $270,318 |
| Towers Watson | Actuarial | 1 | $242,314 |
| William Blair Small-Mid Cap GR I | — | 1 | $113,210 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | 1 | $104,058 |
| T. Rowe Price Retirement 2030 Trust | — | 1 | $98,396 |
| T. Rowe Price Retirement 2035 Trust | — | 1 | $89,098 |
| T. Rowe Price Retirement 2045 Trust | — | 1 | $78,583 |
| Empower Annuity Insurance Company O | Recordkeeping and information management | 1 | $78,127 |
| Invesco Stable Value Trust Ci B1 | — | 1 | $77,144 |
| T. Rowe Price Retirement 2040 Trust | — | 1 | $76,113 |
| MFS International Equity Cit CL 3B | — | 1 | $54,432 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Cleco Power LLC have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Cleco Corporate Holdings LLC Pension Plan and Cleco Power LLC 401(k) Savings & Investment Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Cleco Power LLC contribute to its plans?
$25,203,484 in employer contributions across these plans in their latest plan years, about $17,406 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Legal & General Investment Manageme, Empower Advisory Group LLC, Hewitt Associates LLC and Morgan Stanley Investment Managemen and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.