Defined Benefit (Pension) · DOL Form 5500 · 2023

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-11

$327M
Total assets: 453
Participants: 96th
Percentile by assets: $721,026
Avg per participant

Official DOL plan name: Wec Energy Group Retirement Plan for Pgl and Nsg · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$327M in assets, 453 participants

Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Pgl and Nsg reported $327M in total assets and 453 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#558 in Utilities (721 peers)

Where Wec Energy Group Retirement Plan for Pgl and Nsg sits by assets

Wec Energy Group Retirement Plan for Pgl and Nsg sits in the top 5% of all filed plans by assets, $327M for 453 participants (~$721,026/participant), up 2.0% in 2023.

$327M
total plan assets (2023 EOY): 453
covered participants: 96th
percentile by assets (of 127,072 plans): $721,026
avg assets per participant

Wec Energy Group Retirement Plan for Pgl and Nsg reported net income rose from -$174M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Wec Energy Group Retirement Plan for Pgl and Nsg reported participants fell from 542 in the plan year 2022 filing to 453 in the plan year 2023 filing.
Wec Energy Group Retirement Plan for Pgl and Nsg end-of-year assets rose from $320M in the plan year 2022 filing to $327M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Wisconsin

Industry

Utilities

Wec Energy Group Retirement Plan for Pgl and Nsg vs the 2023 asset distribution

By assets, Wec Energy Group Retirement Plan for Pgl and Nsg outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$320M
Net Assets (End of Year)	$327M
Net Income	$6M
Employer EIN	391391525
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Wec Energy Group, Inc.)

Total plan assets by year, all Wec Energy Group, Inc. plans on file

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 Retirement Plan for Pgl and Nsg 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 Retirement Plan for Pgl… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Wec Energy Group Retirement Plan for Pgl and Nsg by total assets, not by location.

Oak Ridge Reservation Cleanup Contract Pension Plan for Grandfathered Employees (TN) $327M · 198
The Neiman Marcus Group LLC Retirement Plan (TX) $326M · 963
Pension Plan of North Carolina Baptist Hospital (NC) $327M · 2,201
Sun Chemical Retirement Plan (NJ) $326M · 737

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Pgl and Nsg assets move in 2023? ▼

Wec Energy Group Retirement Plan for Pgl and Nsg edged up modestly - up 2.0% during 2023, from $320M to $327M. Reported net income was $6M.

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 Retirement Plan for Pgl and Nsg rank by assets among Form 5500 filers? ▼

Wec Energy Group Retirement Plan for Pgl and Nsg ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Plan for Pgl and Nsg? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Oak Ridge Reservation Cleanup Contract Pension Plan for Grandfathered Employees in TN ($327M, 198 participants).

Next read for Wec Energy Group Retirement Plan for Pgl…

Scale reading

Ways to act on Wec Energy Group Retirement Plan for Pgl and Nsg's numbers.

By total assets, Wec Energy Group Retirement Plan for Pgl and Nsg ranks in the top 5% 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

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.