Defined Benefit (Pension) · DOL Form 5500 · 2022

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-25

$320M
Total assets Above avg plan size
542
Participants Below avg headcount
97th
Percentile by assets National rank
$590,917
Avg per participant High balance/head
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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.

  • #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.

#579
in Utilities (738 peers)
-35.3%
assets change YoY
3.2×
vs typical plan assets (national mean)

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.

Wec Energy Group Retirement Plan for Pgl and Nsg's outsized position by total assets

Wec Energy Group Retirement Plan for Pgl and Nsg vs every filed plan by assets

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

$320,277,000 Top 3% higher than 97% 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 Pgl and Nsg among mid-size 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 Pgl and Nsg sits mid-pack in the medium band (542 participants).

EBSA filing schedule strip

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

Wec Energy Group Retirement Plan for Pgl and Nsg · $320M · 542 · 97th

  • PART $320M
  • TYPE 542
  • NET 97th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Pointers, Cleaners, & Caulkers Pension Fund
  • BOY ind #579

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 Pgl and Nsg in the asset neighbourhood

The University of Chicago Pension Plan for Staff EmployeesThe University of Chicago Pe…$321MEmployers Mutual Casualty Company Retirement PlanEmployers Mutual Casualty Co…$321MPointers, Cleaners, & Caulkers Pension FundPointers, Cleaners, & Caulke…$321MWec Energy Group Retirement Plan for Pgl and NsgWec Energy Group Retirement …$320MH.B. Fuller Legacy Pension PlanH.B. Fuller Legacy Pension P…$320M
End-of-year total assets ($M) among Wec Energy Group Retirement Plan for Pgl and Nsg and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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.)

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 Pgl and Nsg vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 050001000015000 01234 Total assets ($B) Participants Wec Energy Group Retirement Plan for Pgl and Nsg, Total assets ($B): 0.320277 · Participants: 542Wec Energy Group Retirement Plan for Pgl and NsgThe 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 Pgl and Nsg vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

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

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Pointers, Cleaners, & Caulkers Pension Fund in NY ($321M); by covered participants it is Walsh Group Employees' Pension Plan in IL (542 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (542 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Wec Energy Group Retirement Plan for Pgl and Nsg? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Walsh Group Employees' Pension Plan in IL (542 participants, $112M in assets).