Defined Benefit (Pension) · DOL Form 5500 · 2022

Semco Energy, Inc. Pension Plan

Data updated 2026-08-11

$70M
Total assets
100
Participants
91st
Percentile by assets
$699,413
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Semco Energy, Inc. Union Employees' Retirement Plan · Sponsored by Semco Energy, Inc. · Michigan · Utilities

$70M in assets, 100 participants

Semco Energy, Inc.'s Semco Energy, Inc. Union Employees' Retirement Plan reported $70M in total assets and 100 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #445 in Utilities (738 peers)

Coverage in Michigan

Semco Energy, Inc. Union Employees' Retirement Plan covers 100 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $70M.

$70M
total plan assets (2022 EOY)
100
covered participants
91st
percentile by assets (of 139,126 plans)
$699,413
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Semco Energy, Inc. Union Employees' Retirement Plan sits by total assets

Semco Energy, Inc. Union Employees' Retirement Plan vs every filed plan by assets

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

$69,941,339 Top 9% higher than 91% 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
Michigan
Industry
Utilities

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Semco Energy, Inc. Union Employees' Retirement Plan reports 100 participants - about 16% of that state average ($70M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$70M
Net Income-$17M
Employer EIN382144267
Plan Effective Date1971-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Semco Energy, Inc.)

$200M$220M$240M$260M$280M 202220232024 $270M $234M ▼ -13.2%
Total plan assets by year, all Semco Energy, Inc. plans on file
Year Plans Participants Total Assets
2022 4 398 $270M
2023 3 244 $220M
2024 3 191 $234M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Semco Energy, Inc. Union Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Semco Energy, Inc. U…, Total assets ($B): 0.069941339 · Participants: 100Semco Energy, Inc. U…General Motors Hourl…, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourl…Ford Motor Company U…, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company U…Ford Motor Company G…, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company G…Dow Employees' Pensi…, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pensi…Fca US LLC UAW Pensi…, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pensi…
Semco Energy, Inc. Union Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Semco Energy, Inc. Union Employees' Reti… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Semco Energy, Inc. Union Employees' Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Semco Energy, Inc. Union Employees' Retirement Plan assets move in 2022? ▼
Semco Energy, Inc. Union Employees' Retirement Plan declined sharply - down 19.2% during 2022, from $87M to $70M. Reported net income was -$17M.
How have Semco Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Semco Energy, Inc.'s sponsor-wide assets declined 13.2%, from $270M to $234M.
Where does Semco Energy, Inc. Union Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Semco Energy, Inc. Union Employees' Retirement Plan ranks in the 91st 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 Semco Energy, Inc. Union Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Wawanesa Mutual Insurance Co. U.S. Ees Pension Plan in ($70M, 547 participants).

Next read for Semco Energy, Inc. Union Employees' Reti…

Filing takeaways

Ways to act on Semco Energy, Inc. Union Employees' Retirement Plan's numbers.

  • By total assets, Semco Energy, Inc. Union Employees' Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Semco Energy, Inc.'s sponsor-wide assets have declined 13.2% 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 382144267.

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.