Defined Benefit (Pension) · DOL Form 5500 · 2023

Consumers Energy Company Pension Plan

Data updated 2026-08-11

$1.4B
Total assets: 335
Participants: 99th
Percentile by assets: $4.3M
Avg per participant

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.

99th percentile by assets (of 127,072 plans)
#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.

$1.4B
total plan assets (2023 EOY): 335
covered participants: 99th
percentile by assets (of 127,072 plans): $4.3M
avg assets per participant

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 →

State

Michigan

Industry

Utilities

Pension Plan B for Employees of Consumers Energy Company vs the 2023 asset distribution

By assets, Pension Plan B for Employees of Consumers Energy Company outranks 99% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 14x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$1.4B
Net Assets (End of Year)	$1.4B
Net Income	$69M
Employer EIN	380442310
Plan Effective Date	1944-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Consumers Energy Company)

Total plan assets by year, all Consumers Energy Company plans on file

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

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

Compare Pension Plan B for Employees of Consumer… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan B for Employees of Consumers Energy Company by total assets, not by location.

Northside Hospital, Inc. Pension Plan (GA) $1.4B · 19,246
Boy Scouts of America Master Pension Trust-Boy Scouts of America Retirement Plan for Employees (TX) $1.4B · 2,204
Southern California Pipe Trades Retirement Fund (CA) $1.4B · 6,346
Sentry Employee Retirement Plan (WI) $1.4B · 1,260

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).

Next read for Pension Plan B for Employees of Consumer…

Scale reading

Ways to act on Pension Plan B for Employees of Consumers Energy Company's numbers.

By total assets, Pension Plan B for Employees of Consumers Energy Company ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Consumers Energy Company's sponsor-wide assets have grown 17.3% 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 380442310.