Defined Benefit (Pension) · DOL Form 5500 · 2023
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-11
- $138M
- Total assets
- N/A
- Participants
- 93rd
- Percentile by assets
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.
- 93rd percentile by assets (of 127,072 plans)
- #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.
- $138M
- total plan assets (2023 EOY)
- N/A
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- +2.2%
- assets growth YoY
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 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.
Rank #480 in Utilities
Among 721 Utilities plans that filed a Form 5500 for plan year 2023, Wec Energy Group Legacy Retirement Account Plan ranks #480 by end-of-year assets - about 388% of the sector average of $537M. Nationally it sits in the 93rd percentile, a weaker position within its industry than across all filers.
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.)
| 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Wec Energy Group Legacy Retirement Account Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Wec Energy Group Legacy Retirement Account Plan assets move in 2023? ▼
How have Wec Energy Group, Inc. plan assets changed over time? ▼
Where does Wec Energy Group Legacy Retirement Account Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Wec Energy Group Legacy Retirement Account Plan's numbers.
- By total assets, Wec Energy Group Legacy Retirement Account 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 Wisconsin. Compare plans
- Wec Energy Group, Inc.'s sponsor-wide assets have grown 8.8% since 2022 across 3 plan years on file. More Utilities plans