2023 Form 5500 filing — Cleco Power LLC 401(K) Savings & Investment Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240918120210NAL0002557699003) for Cleco Power LLC 401(K) Savings & Investment Plan, reported by Cleco Power LLC under EIN 72-0244480 and plan number 003. It reports 1,683 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918120210NAL0002557699003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cleco Power LLC
- EIN
- 72-0244480
- Plan number
- 003
- Location
- Pineville, LA
- Participants
- 1,683
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $450,739,531
- Total liabilities (EOY)
- $51,000
- Net assets (EOY)
- $450,688,531
- Employer contributions
- $9,311,127
- Participant contributions
- $14,222,017
- Total income / additions
- $98,642,300
- Benefits paid
- $42,507,818
- Administrative expenses
- $413,711
- Total expenses
- $42,921,529
- Net increase / (decrease)
- $55,720,771
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group LLC | INVESTMENT MANAGEMENT | $337,456 | not reported in the loaded dataset |
| T. Rowe Price Blue Chip Growth Trus | INVESTMENT FUND | $0 | $291,065 |
| William Blair Small-Mid Cap Gr I | INVESTMENT FUND | $0 | $111,289 |
| T. Rowe Price Retirement 2030 Trust | INVESTMENT FUND | $0 | $93,976 |
| Invesco Stable Value Trust Ci B1 | INVESTMENT FUND | $0 | $84,438 |
| T. Rowe Price Retirement 2035 Trust | INVESTMENT FUND | $0 | $79,836 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $75,055 | not reported in the loaded dataset |
| T. Rowe Price Retirement 2040 Trust | INVESTMENT FUND | $0 | $68,649 |
| T. Rowe Price Retirement 2045 Trust | INVESTMENT FUND | $0 | $68,520 |
| Mfs International Equity Cit Cl 3b | INVESTMENT FUND | $0 | $57,643 |
| T. Rowe Price Retirement 2025 Trust | INVESTMENT FUND | $0 | $57,289 |
| T. Rowe Price Retirement 2050 Trust | INVESTMENT FUND | $0 | $39,168 |
| Dfa Us Targeted Value I | INVESTMENT FUND | $0 | $36,189 |
| Blackrock Msci Acwi Ex-Us Imi Index | INVESTMENT FUND | $0 | $34,641 |
| T. Rowe Price Retirement 2055 Trust | INVESTMENT FUND | $0 | $33,979 |
| Carillon Reams Core Plus Bond I | INVESTMENT FUND | $0 | $32,494 |
| T. Rowe Price Retirement 2020 Trust | INVESTMENT FUND | $0 | $30,693 |
| T. Rowe Price Retirement 2015 Trust | INVESTMENT FUND | $0 | $24,263 |
| Blackrock Us Debt Index Nl-W | INVESTMENT FUND | $0 | $19,463 |
| Blackrock Equity Index Nl M | INVESTMENT FUND | $0 | $14,949 |
| T. Rowe Price Retirement 2060 Trust | INVESTMENT FUND | $0 | $12,381 |
| Blackrock Russell 2500 Index | INVESTMENT FUND | $0 | $10,819 |
| T. Rowe Price Retirement 2005 Trust | INVESTMENT FUND | $0 | $7,984 |
| Qdro Consultants Company LLC | THIRD-PARTY ADMINISTRATOR | $1,200 | not reported in the loaded dataset |
| Charles Schwab & Co, Inc. | INVESTMENT ADVISOR | $370 | not reported in the loaded dataset |