401(k) · DOL Form 5500 · 2022
Consumers Energy Company 401(k) Plan
Data updated 2026-08-25
- $2.1B
- Total assets Very large vs avg
- 8,347
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $251,241
- Avg per participant Above avg balance/head
Official DOL plan name: Consumers Energy Company Employees' Savings Plan · Sponsored by Consumers Energy Company · Michigan · Utilities
$2.1B in assets, 8,347 participants
Consumers Energy Company's Consumers Energy Company Employees' Savings Plan reported $2.1B in total assets and 8,347 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #695 in Utilities (738 peers)
Coverage in Michigan
Consumers Energy Company Employees' Savings Plan covers 8,347 participants in Michigan, 13x the typical Michigan plan (state average ~638 per filing). Assets: $2.1B.
- #695
- in Utilities (738 peers)
- -15.4%
- assets change YoY
- 21×
- vs typical plan assets (national mean)
The plan reported a net loss of $382M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Consumers Energy Company Employees' Savings Plan's outsized position by total assets
Consumers Energy Company Employees' Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,097,105,672 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Consumers Energy Company Employees' Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Consumers Energy Company Employees' Savings Plan lands in the large band (8,347 participants).
Plan-year Form 5500 strip
Filing strip 380442310 · Consumers Energy Company PY 2022 · 401(k)
Consumers Energy Company Employees' Savings Plan · $2.1B · 8,347 · 99th
- 5500 $2.1B
- 5500 8,347
- 5500 99th
- 5500 401(k)
- 5500 near The Magna Group of Companies Retirement Savings Plans
- 5500 ind #695
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 →
Consumers Energy Company Employees' Savings Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | -$382M |
| Employer EIN | 380442310 |
| Plan Effective Date | 1963-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Consumers Energy Company)
Sponsor-wide plan assets over time
All Consumers Energy Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.2B 17.34141669371466% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 11,086 | $5.3B |
| 2023 | 3 | 10,438 | $5.9B |
| 2024 | 3 | 10,388 | $6.2B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Scale composition for Consumers Energy Company Employees' Savings Plan
Consumers Energy Company Employees' Savings Plan reports $2.1B in end-of-year assets across 8,347 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $251,241 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2022 was -$382M.
This plan identity (EIN 380442310, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.1B to $2.9B (+36.1%) while covered participants moved from 8,347 to 8,216 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,347 | $2.1B | This page |
| 2023 | 8,026 | $2.5B | Open filing |
| 2024 · index core | 8,216 | $2.9B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Consumers Energy Company Employees' Savings Plan (401(k), $2.9B, 8,216 participants)
- Pension Plan a for Employees of Consumer Energy Company (Defined Benefit (Pension), $1.9B, 1,863 participants)
- Pension Plan B for Employees of Consumers Energy Company (Defined Benefit (Pension), $1.4B, 309 participants)
Consumers Energy Company Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is The Magna Group of Companies Retirement Savings Plans in ($2.1B); by covered participants it is Tandem Hr, LLC 401(k) Plan in IL (8,334 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.1B here).
- The Magna Group of Companies Retirement Savings Plans () $2.1B · 22,890
- The Pearson Retirement Plan (NJ) $2.1B · 12,396
- Energy Transfer LP 401(k) Plan (TX) $2.1B · 10,814
- Genuine Parts Company 401(k) Savings Plan (GA) $2.1B · 25,655
Similar participant headcount
Nearest other-state filings by covered participants (8,347 participants); asset peers above are excluded.
- Tandem Hr, LLC 401(k) Plan (IL) 8,334 · 13 off
- Papa John's International, Inc. 401(k) Plan (GA) 8,334 · 13 off
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Savings Plan (CT) 8,375 · 28 off
- Ampex Brands Retirement Savings Plan (TX) 8,317 · 30 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.