Defined Benefit (Pension) · DOL Form 5500 · 2023
Consumers Energy Company Pension Plan
Data updated 2026-08-25
- $2.0B
- Total assets Very large vs avg
- 2,077
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $943,963
- Avg per participant High balance/head
Official DOL plan name: Pension Plan a for Employees of Consumer Energy Company · Sponsored by Consumers Energy Company · Michigan · Utilities
$2.0B in assets, 2,077 participants
Consumers Energy Company's Pension Plan a for Employees of Consumer Energy Company reported $2.0B in total assets and 2,077 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #674 in Utilities (721 peers)
Coverage in Michigan
Pension Plan a for Employees of Consumer Energy Company covers 2,077 participants in Michigan, 3.3x the typical Michigan plan (state average ~638 per filing). Assets: $2.0B.
- #674
- in Utilities (721 peers)
- +7.6%
- assets growth YoY
- 20×
- vs typical plan assets (national mean)
Pension Plan a for Employees of Consumer Energy Company's outsized position by total assets
Pension Plan a for Employees of Consumer Energy Company vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,960,610,552 Top 1% higher than 99% 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
Pension Plan a for Employees of Consumer Energy Company's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan a for Employees of Consumer Energy Company lands in the large band (2,077 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pension Plan a for Employees of Consumer Energy Company reported net income rose from -$501M in the plan year 2022 filing to $138M in the plan year 2023 filing.
- Pension Plan a for Employees of Consumer Energy Company reported participants fell from 2,383 in the plan year 2022 filing to 2,077 in the plan year 2023 filing.
- Pension Plan a for Employees of Consumer Energy Company end-of-year assets rose from $1.8B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
DOL schedule card
Filing strip 380442310 · Consumers Energy Company PY 2023 · Defined Benefit (Pension)
Pension Plan a for Employees of Consumer Energy Company · $2.0B · 2,077 · 99th
- PART $2.0B
- TYPE 2,077
- NET 99th
- BOOK Defined Benefit (Pension)
- VS-ST near Pepco Holdings LLC Retirement Plan
- BOY ind #674
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 Michigan →
Pension Plan a for Employees of Consumer Energy Company in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.8B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | $138M |
| Employer EIN | 380442310 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Consumers Energy Company)
Sponsor-wide plan assets over time
All Consumers Energy Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $6.2B 17.34141669371466% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 11,086 | $5.3B |
| 2023 | 3 | 10,438 | $5.9B |
| 2024 | 3 | 10,388 | $6.2B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Pension Plan a for Employees of Consumer Energy Company's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Pepco Holdings LLC Retirement Plan in IL ($2.0B); by covered participants it is Schlumberger Technology Corporation Pension Plan in TX (2,077 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.0B here).
- Pepco Holdings LLC Retirement Plan (IL) $2.0B · 3,361
- Linde U.S. Pension Plan (CT) $2.0B · 6,359
- Cbs Combined Pension Plan (NY) $2.0B · 1,568
- National Roofing Industry Pension Fund (MN) $2.0B · 13,093
Similar participant headcount
Nearest other-state filings by covered participants (2,077 participants); asset peers above are excluded.
- Schlumberger Technology Corporation Pension Plan (TX) 2,077 · 0 off
- Local Union No. 124 I. B. E. W. Pension Trust Fund (MO) 2,078 · 1 off
- Retirement Plan of Idaho Power Company (ID) 2,075 · 2 off
- Conagra Brands, Inc. Pension Plan for Hourly Rate Production Employees (IL) 2,074 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.