Defined Benefit (Pension) · DOL Form 5500 · 2023

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-25

$138M
Total assets Near avg plan size: N/A
Participants Small participant base: 93rd
Percentile by assets National rank

PlainRetire home → About this data RSS: change history

Official DOL plan name: Wec Energy Group Legacy Retirement Account Plan · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$138M in assets, N/A participants

Wec Energy Group, Inc.'s Wec Energy Group Legacy Retirement Account Plan reported $138M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

#480 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Wec Energy Group Legacy Retirement Account Plan ranks #480 of 721 2023 filers by assets (388% of the sector average)-$138M for N/A participants.

#480
in Utilities (721 peers): +2.2%
assets growth YoY: 1.4×
vs typical plan assets (national mean)

Wec Energy Group Legacy Retirement Account Plan's outsized position by total assets

Wec Energy Group Legacy Retirement Account Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$138,480,000 Top 7% higher than 93% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Wec Energy Group Legacy Retirement Account Plan reported net income rose from -$27M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Wec Energy Group Legacy Retirement Account Plan end-of-year assets rose from $135M in the plan year 2022 filing to $138M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 391391525 · Wec Energy Group, Inc. PY 2023 · Defined Benefit (Pension)

Wec Energy Group Legacy Retirement Account Plan · $138M · N/A · 93rd

BOY $138M
SCH N/A
EBSA 93rd
PART Defined Benefit (Pension)
TYPE near Iubac - Local Union Officers & Employees Pension Plan
NET ind #480

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 →

End-of-year total assets ($M) among Wec Energy Group Legacy Retirement Account Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)	$135M
Net Assets (End of Year)	$138M
Net Income	$3M
Employer EIN	391391525
Plan Effective Date	2008-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Wec Energy Group, Inc.)

Latest sponsor-wide plan assets: $6.4B 8.758255265520711% vs 2022; 2024 filing year

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 Legacy Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

The Northwestern Mutual Employee Retirement Plan $3.3B · 8,348
Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.3B · 9,960
The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,368
Harley-Davidson Retirement Plan $1.9B · 1,560
Rockwell Automation Pension Plan $1.8B · 2,136

Compare Wec Energy Group Legacy Retirement Account Plan side-by-side with 3 peers →

Wec Energy Group Legacy Retirement Account Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Wisconsin, the nearest Defined Benefit (Pension) by end-of-year assets is Iubac - Local Union Officers & Employees Pension Plan in DC at $138M (this filing: $138M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($138M here).

Iubac - Local Union Officers & Employees Pension Plan (DC) $138M · 327
Masterbrand, Inc. Pension Plan (OH) $138M · 679
Efw Inc. Consolidated Retirement Plan (TX) $139M · 273
Pension Plan of Justice Resource Institute, Inc. (MA) $139M · 1,779

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wec Energy Group Legacy Retirement Account Plan assets move in 2023? ▼

Wec Energy Group Legacy Retirement Account Plan edged up modestly - up 2.2% during 2023, from $135M to $138M. Reported net income was $3M.

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 Legacy Retirement Account Plan rank by assets among Form 5500 filers? ▼

Wec Energy Group Legacy Retirement Account Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Legacy Retirement Account Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Iubac - Local Union Officers & Employees Pension Plan in DC ($138M, 327 participants).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 391391525.