Defined Benefit (Pension) · DOL Form 5500 · 2022

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
78
Participants Small participant base
87th
Percentile by assets National rank
$581,513
Avg per participant High balance/head
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Official DOL plan name: Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$45M in assets, 78 participants

Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation reported $45M in total assets and 78 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #392 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation ranks #392 of 738 2022 filers by assets (1184% of the sector average)-$45M for 78 participants.

#392
in Utilities (738 peers)
-22.5%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation's outsized position by total assets

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation vs every filed plan by assets

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

$45,358,000 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation is a small filing (78 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 391391525 · Wec Energy Group, Inc. PY 2022 · Defined Benefit (Pension)

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation · $45M · 78 · 87th

  • NET $45M
  • BOOK 78
  • VS-ST 87th
  • BOY Defined Benefit (Pension)
  • SCH near Pension Equity Plan of Doylestown Hospital
  • EBSA ind #392

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Wisconsin →

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation in the asset neighbourhood

Pension Equity Plan of Doylestown HospitalPension Equity Plan of Doyle…$45MTidewater Pension Plan$45MMichigan Milk Producers Association Pension PlanMichigan Milk Producers Asso…$45MWec Energy Group Retirement Plan for Minnesota Energy Resources CorporationWec Energy Group Retirement …$45MJust Born, Inc. Employees Pension PlanJust Born, Inc. Employees Pe…$45M
End-of-year total assets ($M) among Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$45M
Net Income-$13M
Employer EIN391391525
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wec Energy Group, Inc.)

Sponsor-wide plan assets over time

All Wec Energy Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6.4B 8.758255265520711% vs 2022
2024 filing year
$5.8B$6B$6.2B$6.4B$6.6B 202220232024 $5.92B $6.43B ▲ +8.6%
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 Minnesota Energy Resources Corporation vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation, Total assets ($B): 0.045358 · Participants: 78Wec Energy Group Retirement Plan for Minnesota Energy Resources CorporationThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.074208374 · Participants: 7377The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 2.951985172 · Participants: 9724Building Trades United Pension Trust Fund Milwaukee and VicinityRockwell Automation Pension Plan, Total assets ($B): 2.144532065 · Participants: 3077Rockwell Automation Pension PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 1.927367772 · Participants: 7278The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.826706645 · Participants: 1744Harley-Davidson Retirement Plan
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation side-by-side with 3 peers →

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Pension Equity Plan of Doylestown Hospital in PA ($45M); by covered participants it is Shopmens Local 527 Pension Fund in PA (78 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($45M here).

Similar participant headcount

Nearest other-state filings by covered participants (78 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation assets move in 2022? ▼
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation declined sharply - down 22.5% during 2022, from $59M to $45M. Reported net income was -$13M.
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 Minnesota Energy Resources Corporation rank by assets among Form 5500 filers? ▼
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation ranks in the 87th 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 Minnesota Energy Resources Corporation? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Equity Plan of Doylestown Hospital in PA ($45M, 643 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Shopmens Local 527 Pension Fund in PA (78 participants, N/A in assets).

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.