Defined Benefit (Pension) · DOL Form 5500 · 2023
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $191M
- Total assets Near avg plan size
- 358
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $534,218
- Avg per participant High balance/head
Official DOL plan name: Wec Energy Group Retirement Plan for Wec Business Services · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$191M in assets, 358 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Wec Business Services reported $191M in total assets and 358 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #510 in Utilities (721 peers)
Utilities sector rank
Within Utilities, Wec Energy Group Retirement Plan for Wec Business Services ranks #510 of 721 2023 filers by assets (281% of the sector average)-$191M for 358 participants.
- #510
- in Utilities (721 peers)
- +1.5%
- assets growth YoY
- 1.9×
- vs typical plan assets (national mean)
Wec Energy Group Retirement Plan for Wec Business Services's outsized position by total assets
Wec Energy Group Retirement Plan for Wec Business Services vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$191,250,000 Top 5% higher than 95% 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 Wec Business Services 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 Wec Business Services sits mid-pack in the medium band (358 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Wec Energy Group Retirement Plan for Wec Business Services reported net income rose from -$61M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Wec Energy Group Retirement Plan for Wec Business Services reported participants fell from 412 in the plan year 2022 filing to 358 in the plan year 2023 filing.
- Wec Energy Group Retirement Plan for Wec Business Services end-of-year assets rose from $188M in the plan year 2022 filing to $191M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 391391525 · Wec Energy Group, Inc. PY 2023 · Defined Benefit (Pension)
Wec Energy Group Retirement Plan for Wec Business Services · $191M · 358 · 95th
- ASSETS $191M
- ASSETS 358
- ASSETS 95th
- ASSETS Defined Benefit (Pension)
- ASSETS near Laborers Pension Trust Fund for Northern Nevada
- ASSETS ind #510
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 Wec Business Services in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $188M |
|---|---|
| Net Assets (End of Year) | $191M |
| Net Income | $3M |
| 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 Wec Business Services's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Laborers Pension Trust Fund for Northern Nevada in NV ($191M); by covered participants it is Missouri Farm Bureau Retirement Plan Trust in MO (358 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($191M here).
- Laborers Pension Trust Fund for Northern Nevada (NV) $191M · 1,184
- Local No 731 Excavators and Pavers Pension Trust Fund (IL) $191M · 414
- I.B.E.W. Local 769 Management Pension Plan a (AZ) $191M · 963
- Hunterdon Medical Center Employees' Pension Plan (NJ) $191M · 547
Similar participant headcount
Nearest other-state filings by covered participants (358 participants); asset peers above are excluded.
- Missouri Farm Bureau Retirement Plan Trust (MO) 358 · 0 off
- Dana U.S.W. Hourly Employees' Pension Plan (OH) 358 · 0 off
- Aaa Cooper Transportation Pension Plan for Eligible Employees (AL) 358 · 0 off
- Southern Ct IBEW Pension Plan (CT) 358 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.