Defined Benefit (Pension) · DOL Form 5500 · 2023

Upper Peninsula Power Company Pension Plan

Data updated 2026-08-25

$92M
Total assets Below avg plan size
58
Participants Small participant base
91st
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: Upper Peninsula Power Company Retirement Plan · Sponsored by Upper Peninsula Power Company · Michigan · Utilities

$92M in assets, 58 participants

Upper Peninsula Power Company's Upper Peninsula Power Company Retirement Plan reported $92M in total assets and 58 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #445 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Upper Peninsula Power Company Retirement Plan ranks #445 of 721 2023 filers by assets (585% of the sector average)-$92M for 58 participants.

#445
in Utilities (721 peers)
+1.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Upper Peninsula Power Company Retirement Plan's outsized position by total assets

Upper Peninsula Power Company Retirement Plan vs every filed plan by assets

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

$91,786,093 Top 9% higher than 91% 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

Upper Peninsula Power Company Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Upper Peninsula Power Company Retirement Plan is a small filing (58 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Upper Peninsula Power Company Retirement Plan reported net income rose from -$34M in the plan year 2022 filing to $889K in the plan year 2023 filing.
  • Upper Peninsula Power Company Retirement Plan reported participants fell from 61 in the plan year 2022 filing to 58 in the plan year 2023 filing.
  • Upper Peninsula Power Company Retirement Plan end-of-year assets rose from $91M in the plan year 2022 filing to $92M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381280574 · Upper Peninsula Power Company PY 2023 · Defined Benefit (Pension)

Upper Peninsula Power Company Retirement Plan · $92M · 58 · 91st

  • NET $92M
  • NET 58
  • NET 91st
  • NET Defined Benefit (Pension)
  • NET near Graphic Communications Int'l Union Local 119b Ny Printers League Pension Fund
  • NET ind #445

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 →

Upper Peninsula Power Company Retirement Plan in the asset neighbourhood

Baycoast Bank Pension Plan$92MPearson Inc. Pension Plan$92MUpper Peninsula Power Company Retirement PlanUpper Peninsula Power Compan…$92MGraphic Communications Int'l Union Local 119b Ny Printers League Pension FundGraphic Communications Int'l…$92MSouthern California Plastering Institute Pension Trust FundSouthern California Plasteri…$92M
End-of-year total assets ($M) among Upper Peninsula Power Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$92M
Net Income$889K
Employer EIN381280574
Plan Effective Date2014-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Upper Peninsula Power Company)

Sponsor-wide plan assets over time

All Upper Peninsula Power Company plans reported in each filing year

Latest sponsor-wide plan assets
$87M 3.9131978405449734% vs 2022
2024 filing year
$86M$88M$90M$92M$94M 202220232024 $90.9M $87.3M ▼ -3.9%
Year Plans Participants Total Assets
2022 1 61 $91M
2023 1 58 $92M
2024 1 52 $87M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Upper Peninsula Power Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Upper Peninsula Power Company Retirement Plan, Total assets ($B): 0.091786093 · Participants: 58Upper Peninsula Power Company Retirement PlanGeneral 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
Upper Peninsula Power Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Upper Peninsula Power Company Retirement Plan side-by-side with 3 peers →

Upper Peninsula Power Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Graphic Communications Int'l Union Local 119b Ny Printers League Pension Fund in NY ($92M); by covered participants it is Exchange Bank Retirement Plan in CA (58 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (58 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 Upper Peninsula Power Company Retirement Plan assets move in 2023? ▼
Upper Peninsula Power Company Retirement Plan held essentially flat - up 1.0% during 2023, from $91M to $92M. Reported net income was $889K.
How have Upper Peninsula Power Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Upper Peninsula Power Company's sponsor-wide assets declined 3.9%, from $91M to $87M.
Where does Upper Peninsula Power Company Retirement Plan rank by assets among Form 5500 filers? ▼
Upper Peninsula Power Company Retirement Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Upper Peninsula Power Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Graphic Communications Int'l Union Local 119b Ny Printers League Pension Fund in NY ($92M, 21 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Upper Peninsula Power Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Exchange Bank Retirement Plan in CA (58 participants, N/A 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 381280574.

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.