Defined Benefit (Pension) · DOL Form 5500 · 2023

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-11

$720M
Total assets: 569
Participants: 98th
Percentile by assets: $1.3M
Avg per participant

Official DOL plan name: Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$720M in assets, 569 participants

Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation reported $720M in total assets and 569 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#615 in Utilities (721 peers)

Where Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation sits by assets

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation sits in the top 5% of all filed plans by assets, $720M for 569 participants (~$1.3M/participant), up 5.2% in 2023.

$720M
total plan assets (2023 EOY): 569
covered participants: 98th
percentile by assets (of 127,072 plans): $1.3M
avg assets per participant

Where Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation sits by total assets

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation vs every filed plan by assets

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

$719,951,000 Top 2% higher than 98% 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 Wisconsin Public Service Corporation reported net income rose from -$185M in the plan year 2022 filing to $35M in the plan year 2023 filing.
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation reported participants fell from 644 in the plan year 2022 filing to 569 in the plan year 2023 filing.
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation end-of-year assets rose from $685M in the plan year 2022 filing to $720M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Wisconsin

Industry

Utilities

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation vs the 2023 asset distribution

By assets, Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 7.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$685M
Net Assets (End of Year)	$720M
Net Income	$35M
Employer EIN	391391525
Plan Effective Date	1987-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Wec Energy Group, Inc.)

Total plan assets by year, all Wec Energy Group, Inc. plans on file

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.

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

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

Compare Wec Energy Group Retirement Plan for Wis… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation by total assets, not by location.

2019 Bmw Pension Plan (NJ) $721M · 1,442
Carpenters' Pension Trust Fund - Detroit and Vicinity (MI) $719M · 4,836
Trucking Employees of North Jersey Pension Fund (NJ) $721M · 419
Teco Energy Group Retirement Plan (FL) $722M · 3,381

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation assets move in 2023? ▼

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation grew at a solid clip - up 5.2% during 2023, from $685M to $720M. Reported net income was $35M.

How have Wec Energy Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Wec Energy Group, Inc.'s sponsor-wide assets grew 8.8%, from $5.9B to $6.4B.

Where does Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation rank by assets among Form 5500 filers? ▼

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is 2019 Bmw Pension Plan in NJ ($721M, 1,442 participants).

Next read for Wec Energy Group Retirement Plan for Wis…

Scale reading

Ways to act on Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation's numbers.

By total assets, Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Wisconsin. Compare plans
Wec Energy Group, Inc.'s sponsor-wide assets have grown 8.8% 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 391391525.