Defined Benefit (Pension) · DOL Form 5500 · 2022

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-11

$55M
Total assets
74
Participants
89th
Percentile by assets
$749,297
Avg per participant
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Official DOL plan name: Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$55M in assets, 74 participants

Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation reported $55M in total assets and 74 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #426 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation ranks #426 of 738 2022 filers by assets (968% of the sector average)-$55M for 74 participants.

$55M
total plan assets (2022 EOY)
74
covered participants
89th
percentile by assets (of 139,126 plans)
$749,297
avg assets per participant

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation sits by total assets

Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$55,448,000 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Wisconsin
Industry
Utilities

Rank #426 in Utilities

Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation ranks #426 by end-of-year assets - about 968% of the sector average of $537M. Nationally it sits in the 89th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$55M
Net Income-$16M
Employer EIN391391525
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wec Energy Group, Inc.)

$5.8B$6B$6.2B$6.4B$6.6B 202220232024 $5.92B $6.43B ▲ +8.6%
Total plan assets by year, all Wec Energy Group, Inc. plans on file
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 Plan for Michigan Gas Utilities Corporation vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Wec Energy Group Ret…, Total assets ($B): 0.055448 · Participants: 74Wec Energy Group Ret…The Northwestern Mut…, Total assets ($B): 3.074208374 · Participants: 7377The Northwestern Mut…Building Trades Unit…, Total assets ($B): 2.951985172 · Participants: 9724Building Trades Unit…Rockwell Automation …, Total assets ($B): 2.144532065 · Participants: 3077Rockwell Automation …The Northwestern Mut…, Total assets ($B): 1.927367772 · Participants: 7278The Northwestern Mut…Harley-Davidson Reti…, Total assets ($B): 1.826706645 · Participants: 1744Harley-Davidson Reti…
Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Wec Energy Group Retirement Plan for Mic… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation by total assets, not by location.

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation assets move in 2022? ▼
Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation declined sharply - down 22.1% during 2022, from $71M to $55M. Reported net income was -$16M.
How have Wec Energy Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wec Energy Group, Inc.'s sponsor-wide assets grew 8.8%, from $5.9B to $6.4B.
Where does Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation rank by assets among Form 5500 filers? ▼
Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Chicago Symphony Orchestra Pension Plan in IL ($55M, 95 participants).

Next read for Wec Energy Group Retirement Plan for Mic…

Filing takeaways

Ways to act on Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation's numbers.

  • By total assets, Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation ranks in the top quartile of all filed plans by assets. 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 391391525.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.