Defined Benefit (Pension) · DOL Form 5500 · 2022

Upper Peninsula Power Company Pension Plan

Data updated 2026-08-25

$91M
Total assets Below avg plan size
61
Participants Small participant base
92nd
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Upper Peninsula Power Company Retirement Plan · Sponsored by Upper Peninsula Power Company · Michigan · Utilities

$91M in assets, 61 participants

Upper Peninsula Power Company's Upper Peninsula Power Company Retirement Plan reported $91M in total assets and 61 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #472 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Upper Peninsula Power Company Retirement Plan ranks #472 of 738 2022 filers by assets (591% of the sector average)-$91M for 61 participants.

#472
in Utilities (738 peers)
-27.4%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Upper Peninsula Power Company Retirement Plan's outsized position by total assets

Upper Peninsula Power Company Retirement Plan vs every filed plan by assets

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

$90,895,711 Top 8% higher than 92% 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

Upper Peninsula Power Company Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Upper Peninsula Power Company Retirement Plan is a small filing (61 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 381280574 · Upper Peninsula Power Company PY 2022 · Defined Benefit (Pension)

Upper Peninsula Power Company Retirement Plan · $91M · 61 · 92nd

  • TYPE $91M
  • NET 61
  • BOOK 92nd
  • VS-ST Defined Benefit (Pension)
  • BOY near U.S. Silica Company Retirement Plan
  • SCH ind #472

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 Michigan →

Upper Peninsula Power Company Retirement Plan in the asset neighbourhood

Qep Resources, Inc. Retirement PlanQep Resources, Inc. Retireme…$91MNelson Mullins Riley & Scarborough LLP Cash Balance Retirement PlanNelson Mullins Riley & Scarb…$91MU.S. Silica Company Retirement PlanU.S. Silica Company Retireme…$91MUpper Peninsula Power Company Retirement PlanUpper Peninsula Power Compan…$91MTeamsters Union Local No. 52 Pension FundTeamsters Union Local No. 52…$91M
End-of-year total assets ($M) among Upper Peninsula Power Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$125M
Net Assets (End of Year)$91M
Net Income-$34M
Employer EIN381280574
Plan Effective Date2014-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Upper Peninsula Power Company)

Sponsor-wide plan assets over time

All Upper Peninsula Power Company plans reported in each filing year

Latest sponsor-wide plan assets
$87M 3.9131978405449734% vs 2022
2024 filing year
$86M$88M$90M$92M$94M 202220232024 $90.9M $87.3M ▼ -3.9%
Year Plans Participants Total Assets
2022 1 61 $91M
2023 1 58 $92M
2024 1 52 $87M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Upper Peninsula Power Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Upper Peninsula Power Company Retirement Plan, Total assets ($B): 0.090895711 · Participants: 61Upper Peninsula Power Company Retirement PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Upper Peninsula Power Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Upper Peninsula Power Company Retirement Plan side-by-side with 3 peers →

Upper Peninsula Power Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is U.S. Silica Company Retirement Plan in TX ($91M); by covered participants it is Defined Benefit Pension Plan for Classified Salaried Employees of Truck-Lite Co., LLC in PA (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Upper Peninsula Power Company Retirement Plan assets move in 2022? ▼
Upper Peninsula Power Company Retirement Plan declined sharply - down 27.4% during 2022, from $125M to $91M. Reported net income was -$34M.
How have Upper Peninsula Power Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Upper Peninsula Power Company's sponsor-wide assets declined 3.9%, from $91M to $87M.
Where does Upper Peninsula Power Company Retirement Plan rank by assets among Form 5500 filers? ▼
Upper Peninsula Power Company Retirement Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Upper Peninsula Power Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.S. Silica Company Retirement Plan in TX ($91M, 217 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Upper Peninsula Power Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Defined Benefit Pension Plan for Classified Salaried Employees of Truck-Lite Co., LLC in PA (61 participants, $23M 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 381280574.

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.