Defined Benefit (Pension) · DOL Form 5500 · 2022

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-11

$320M
Total assets
542
Participants
97th
Percentile by assets
$590,917
Avg per participant
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Official DOL plan name: Wec Energy Group Retirement Plan for Pgl and Nsg · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$320M in assets, 542 participants

Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Pgl and Nsg reported $320M in total assets and 542 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #579 in Utilities (738 peers)

Where Wec Energy Group Retirement Plan for Pgl and Nsg sits by assets

Wec Energy Group Retirement Plan for Pgl and Nsg sits in the top 5% of all filed plans by assets, $320M for 542 participants (~$590,917/participant), down 35.3% in 2022.

$320M
total plan assets (2022 EOY)
542
covered participants
97th
percentile by assets (of 139,126 plans)
$590,917
avg assets per participant

The plan reported a net loss of $174M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Wec Energy Group Retirement Plan for Pgl and Nsg vs the 2022 asset distribution

By assets, Wec Energy Group Retirement Plan for Pgl and Nsg outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$495M
Net Assets (End of Year)$320M
Net Income-$174M
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 Pgl and Nsg vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Wec Energy Group Retirement Plan for Pgl and Nsg vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 050001000015000 01234 Total assets ($B) Participants Wec Energy Group Ret…The Northwestern Mut…Building Trades Unit…Rockwell Automation …The Northwestern Mut…Harley-Davidson Reti…
Wec Energy Group Retirement Plan for Pgl and Nsg vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Wec Energy Group Retirement Plan for Pgl and Nsg by total assets, not by location.

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Pgl and Nsg assets move in 2022?
Wec Energy Group Retirement Plan for Pgl and Nsg contracted severely - down 35.3% during 2022, from $495M to $320M. Reported net income was -$174M.
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 Pgl and Nsg rank by assets among Form 5500 filers?
Wec Energy Group Retirement Plan for Pgl and Nsg ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Plan for Pgl and Nsg?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pointers, Cleaners, & Caulkers Pension Fund in NY ($321M, 1,509 participants).

Next read for Wec Energy Group Retirement Plan for Pgl…

Scale reading

Ways to act on Wec Energy Group Retirement Plan for Pgl and Nsg's numbers.

  • By total assets, Wec Energy Group Retirement Plan for Pgl and Nsg ranks in the top 5% 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