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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended
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Cleco Power LLC 401(k) is a retirement savings plan offered by Cleco Power LLC to its employees. It allows employees to contribute a portion of their salary to the plan on a pre-tax basis, and the funds in the account can grow tax-deferred until retirement.
Only the employees of Cleco Power LLC are eligible to participate and file for the Cleco Power LLC 401(k) plan. It is not required for anyone else to file for this plan.
To fill out the Cleco Power LLC 401(k) plan, employees need to complete the enrollment process with the human resources department of Cleco Power LLC. This typically involves providing personal and financial information, selecting contribution amounts, and designating beneficiaries. Detailed instructions and assistance can be obtained from the HR department or the plan administrator.
The purpose of the Cleco Power LLC 401(k) plan is to provide employees with a convenient and tax-efficient way to save for retirement. It helps employees accumulate funds over time that can be used to support their financial needs after they retire.
The Cleco Power LLC 401(k) plan requires employees to report personal and financial information, such as their full name, Social Security number, address, date of birth, salary, and contribution amounts. Additionally, employees may need to provide information about their beneficiaries and make investment selections from the available options.
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