Defined Benefit (Pension) · DOL Form 5500 · 2023
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $327M
- Total assets Above avg plan size
- 453
- Participants Below avg headcount
- 96th
- Percentile by assets National rank
- $721,026
- Avg per participant High balance/head
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.
- #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.
- #558
- in Utilities (721 peers)
- +2.0%
- assets growth YoY
- 3.3×
- vs typical plan assets (national mean)
Wec Energy Group Retirement Plan for Pgl and Nsg's outsized position by total assets
Wec Energy Group Retirement Plan for Pgl and Nsg vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$326,625,000 Top 4% higher than 96% 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
Wec Energy Group Retirement Plan for Pgl and Nsg among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wec Energy Group Retirement Plan for Pgl and Nsg sits mid-pack in the medium band (453 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 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.
DOL schedule card
Filing strip 391391525 · Wec Energy Group, Inc. PY 2023 · Defined Benefit (Pension)
Wec Energy Group Retirement Plan for Pgl and Nsg · $327M · 453 · 96th
- ASSETS $327M
- PCT 453
- EIN 96th
- RANK Defined Benefit (Pension)
- PHOTO near Oak Ridge Reservation Cleanup Contract Pension Plan for Grandfathered Employees
- IND ind #558
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 →
Wec Energy Group Retirement Plan for Pgl and Nsg in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Wec Energy Group, Inc. plans reported in each filing year
- 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.
- 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
Wec Energy Group Retirement Plan for Pgl and Nsg's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Oak Ridge Reservation Cleanup Contract Pension Plan for Grandfathered Employees in TN ($327M); by covered participants it is Pension Plan for Employees of Givaudan in NJ (453 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($327M here).
Similar participant headcount
Nearest other-state filings by covered participants (453 participants); asset peers above are excluded.
- Pension Plan for Employees of Givaudan (NJ) 453 · 0 off
- Tribune Media Company Retirement Plan (IL) 453 · 0 off
- Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan (MN) 452 · 1 off
- Teamsters Industrial Employees Pension Fund (NJ) 454 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.