Welcome to TRT!!
i have a 125g also. i do not have any experience with T5's, but 400w of flourescence would not be enough light for clams and anemones. i am guessing your tank is also 22" tall. right now i am running 2-250w MH's and 2-160w VHO's. i plan on keeping all SPS and clams. i had 400w MH's over it, but i found this to much light with a Bare Bottom tank. it was about right with a
DSB tank though, which mine was before removing the sand completely before my move.
i do not know how many watts of T'5's you can cram into an 18" wide canopy, but it could be enough for keeping clams at the top of the tank. the question becomes if it is electrically smart to use that many T5's. you may very well use less watts using an MH than the T5's.
G~