Cleco Power Llc 401(k) Plan: Login, Facts & Contact Information

Cleco Power Llc 401(k) Plan Facts

Plan name
CLECO POWER LLC 401(K) SAVINGS & INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CLECO POWER LLC
Participants
1,721 (1,145 active employees)
Former employees with a balance
312
Plan assets
$476,070,841 at Dec 31, 2024
Average account balance
$306,352 across 1,554 accounts
Employer contributions
$9,163,009 in plan year 2024 (38% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $24.5 million went into the plan in contributions, $9.16 million of it from the employer (38%).
  • $63.5 million was paid out to participants.
  • Investment and other income added $64.9 million.
  • Administrative expenses were $438,477, about $282 per account.

How the Cleco Power Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,404$429.1 million$7.94 million$30.5 million
20201,705$501.3 million$9.79 million$28.5 million
20211,713$525.6 million$9.22 million$67.6 million
20221,686$395.0 million$8.83 million$63.3 million
20231,683$450.7 million$9.31 million$42.5 million
20241,721$476.1 million$9.16 million$63.5 million

Cleco Power Llc 401(k) Contact Information

Phone
318-484-7400
Mailing address
2030 DONAHUE FERRY RD, PINEVILLE LA 713605226
Plan sponsor
CLECO POWER LLC
Employer identification number (EIN)
72-0244480
Plan number
003

Questions about the Cleco Power Llc 401(k)

Does Cleco Power Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.16 million, 38% of all contributions.

Does the Cleco Power Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cleco Power Llc 401(k) plan?

1,721 participants at the start of plan year 2024, 1,145 of them active employees, and 312 former employees who still had money in the plan.

What is the average 401(k) balance at Cleco Power Llc?

About $306,352 per account: $476.1 million in plan assets across 1,554 accounts with a balance at the end of plan year 2024.

Who manages the Cleco Power Llc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cleco Power Llc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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