Defined Benefit (Pension) · DOL Form 5500 · 2022

Consumers Energy Company Pension Plan

Data updated 2026-08-11

$1.8B
Total assets
2,383
Participants
99th
Percentile by assets
$764,973
Avg per participant
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Official DOL plan name: Pension Plan a for Employees of Consumer Energy Company · Sponsored by Consumers Energy Company · Michigan · Utilities

$1.8B in assets, 2,383 participants

Consumers Energy Company's Pension Plan a for Employees of Consumer Energy Company reported $1.8B in total assets and 2,383 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.

  • 99th percentile by assets (of 139,126 plans)
  • #689 in Utilities (738 peers)

Coverage in Michigan

Pension Plan a for Employees of Consumer Energy Company covers 2,383 participants in Michigan, 3.7x the typical Michigan plan (state average ~638 per filing). Assets: $1.8B.

$1.8B
total plan assets (2022 EOY)
2,383
covered participants
99th
percentile by assets (of 139,126 plans)
$764,973
avg assets per participant

The plan reported a net loss of $501M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Pension Plan a for Employees of Consumer Energy Company reports 2,383 participants - 3.7x that state average ($1.8B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$1.8B
Net Income-$501M
Employer EIN380442310
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Consumers Energy Company)

$5B$5.5B$6B$6.5B 202220232024 $5.28B $6.19B ▲ +17.2%
Total plan assets by year, all Consumers Energy Company plans on file
Year Plans Participants Total Assets
2022 3 11,086 $5.3B
2023 3 10,438 $5.9B
2024 3 10,388 $6.2B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Pension Plan a for Employees of Consumer Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Pension Plan a for Employees of Consumer Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Pension Plan a for E…General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Pension Plan a for Employees of Consumer Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan a for Employees of Consumer Energy Company by total assets, not by location.

Frequently Asked Questions

How did Pension Plan a for Employees of Consumer Energy Company assets move in 2022?
Pension Plan a for Employees of Consumer Energy Company declined sharply - down 21.5% during 2022, from $2.3B to $1.8B. Reported net income was -$501M.
How have Consumers Energy Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Consumers Energy Company's sponsor-wide assets grew 17.3%, from $5.3B to $6.2B.
Where does Pension Plan a for Employees of Consumer Energy Company rank by assets among Form 5500 filers?
Pension Plan a for Employees of Consumer Energy Company ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan a for Employees of Consumer Energy Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Olin Corporation Employees Pension Plan in MO ($1.8B, 2,293 participants).

Next read for Pension Plan a for Employees of Consumer…

Filing takeaways

Ways to act on Pension Plan a for Employees of Consumer Energy Company's numbers.

  • By total assets, Pension Plan a for Employees of Consumer Energy Company ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Consumers Energy Company's sponsor-wide assets have grown 17.3% since 2022 across 3 plan years on file. More Utilities plans