Defined Benefit (Pension) · DOL Form 5500 · 2023

Consumers Energy Company Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
335
Participants Below avg headcount
99th
Percentile by assets National rank
$4.3M
Avg per participant High balance/head
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Official DOL plan name: Pension Plan B for Employees of Consumers Energy Company · Sponsored by Consumers Energy Company · Michigan · Utilities

$1.4B in assets, 335 participants

Consumers Energy Company's Pension Plan B for Employees of Consumers Energy Company reported $1.4B in total assets and 335 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.

  • #663 in Utilities (721 peers)

Where Pension Plan B for Employees of Consumers Energy Company sits by assets

Pension Plan B for Employees of Consumers Energy Company sits among the largest 1% of all filed plans, $1.4B for 335 participants (~$4.3M/participant), up 5.1% in 2023.

#663
in Utilities (721 peers)
+5.1%
assets growth YoY
14×
vs typical plan assets (national mean)

Pension Plan B for Employees of Consumers Energy Company's outsized position by total assets

Pension Plan B for Employees of Consumers Energy Company vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,425,904,209 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Pension Plan B for Employees of Consumers Energy Company 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. Pension Plan B for Employees of Consumers Energy Company sits mid-pack in the medium band (335 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan B for Employees of Consumers Energy Company reported net income rose from -$359M in the plan year 2022 filing to $69M in the plan year 2023 filing.
  • Pension Plan B for Employees of Consumers Energy Company reported participants fell from 356 in the plan year 2022 filing to 335 in the plan year 2023 filing.
  • Pension Plan B for Employees of Consumers Energy Company end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 380442310 · Consumers Energy Company PY 2023 · Defined Benefit (Pension)

Pension Plan B for Employees of Consumers Energy Company · $1.4B · 335 · 99th

  • PHOTO $1.4B
  • PHOTO 335
  • PHOTO 99th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Northside Hospital, Inc. Pension Plan
  • PHOTO ind #663

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 B for Employees of Consumers Energy Company in the asset neighbourhood

Pension Plan B for Employees of Consumers Energy CompanyPension Plan B for Employees…$1.4BNorthside Hospital, Inc. Pension PlanNorthside Hospital, Inc. Pen…$1.4BBoy Scouts of America Master Pension Trust-Boy Scouts of America Retirement Plan for EmployeesBoy Scouts of America Master…$1.4BSouthern California Pipe Trades Retirement FundSouthern California Pipe Tra…$1.4BSentry Employee Retirement PlanSentry Employee Retirement P…$1.4B
End-of-year total assets ($B) among Pension Plan B for Employees of Consumers Energy Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.4B
Net Income$69M
Employer EIN380442310
Plan Effective Date1944-07-01
Filing StatusFILING 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
$5B$5.5B$6B$6.5B 202220232024 $5.28B $6.19B ▲ +17.2%
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.

Pension Plan B for Employees of Consumers Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Pension Plan B for Employees of Consumers Energy Company, Total assets ($B): 1.425904209 · Participants: 335Pension Plan B for Employees of Consumers Energy CompanyGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Pension Plan B for Employees of Consumers Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Pension Plan B for Employees of Consumers Energy Company side-by-side with 3 peers →

Pension Plan B for Employees of Consumers Energy Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Northside Hospital, Inc. Pension Plan in GA ($1.4B); by covered participants it is A&b Enhanced Partner Cash Balance Pension Plan in GA (335 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (335 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pension Plan B for Employees of Consumers Energy Company assets move in 2023? ▼
Pension Plan B for Employees of Consumers Energy Company grew at a solid clip - up 5.1% during 2023, from $1.4B to $1.4B. Reported net income was $69M.
How have Consumers Energy Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Consumers Energy Company's sponsor-wide assets grew 17.3%, from $5.3B to $6.2B.
Where does Pension Plan B for Employees of Consumers Energy Company rank by assets among Form 5500 filers? ▼
Pension Plan B for Employees of Consumers Energy Company ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan B for Employees of Consumers Energy Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northside Hospital, Inc. Pension Plan in GA ($1.4B, 19,246 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan B for Employees of Consumers Energy Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is A&b Enhanced Partner Cash Balance Pension Plan in GA (335 participants, $126M in assets).

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 380442310.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.