Defined Benefit (Pension) · DOL Form 5500 · 2022
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 2,628
- Participants
- 99th
- Percentile by assets
- $495,788
- Avg per participant
Official DOL plan name: Wec Energy Group Retirement Account Plan · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$1.3B in assets, 2,628 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Account Plan reported $1.3B in total assets and 2,628 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,126 plans)
- #677 in Utilities (738 peers)
Coverage in Wisconsin
Wec Energy Group Retirement Account Plan covers 2,628 participants in Wisconsin, 4.7x the typical Wisconsin plan (state average ~563 per filing). Assets: $1.3B.
- $1.3B
- total plan assets (2022 EOY)
- 2,628
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $495,788
- avg assets per participant
The plan reported a net loss of $292M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Wisconsin filers
In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Wec Energy Group Retirement Account Plan reports 2,628 participants - 4.7x that state average ($1.3B EOY assets).
Wisconsin filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | -$292M |
| Employer EIN | 391391525 |
| Plan Effective Date | 1962-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wec Energy Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 11 | 11,543 | $5.9B |
| 2023 | 11 | 11,075 | $6.2B |
| 2024 | 11 | 10,813 | $6.4B |
Nearby Defined Benefit (Pension) Plans in Wisconsin
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Wec Energy Group Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
- The Northwestern Mutual Employee Retirement Plan $3.1B · 7,377
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.0B · 9,724
- Rockwell Automation Pension Plan $2.1B · 3,077
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $1.9B · 7,278
- Harley-Davidson Retirement Plan $1.8B · 1,744
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Wec Energy Group Retirement Account Plan by total assets, not by location.
- SEIU Affiliates Officers and Employees Pension Plan (DC) $1.3B · 11,828
- Aarp Employees' Pension Plan (DC) $1.3B · 2,028
- Procter & Gamble Master Retirement Plan (OH) $1.3B · 914
- Nyseg and Rge Pension Plan (CT) $1.3B · 1,445
Frequently Asked Questions
How did Wec Energy Group Retirement Account Plan assets move in 2022? ▼
How have Wec Energy Group, Inc. plan assets changed over time? ▼
Where does Wec Energy Group Retirement Account Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Account Plan? ▼
Next read for Wec Energy Group Retirement Account Plan
Filing takeaways
Ways to act on Wec Energy Group Retirement Account Plan's numbers.
- By total assets, Wec Energy Group Retirement Account Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Wisconsin. Compare plans
- Wec Energy Group, Inc.'s sponsor-wide assets have grown 8.8% since 2022 across 3 plan years on file. More Utilities plans