401(k) · DOL Form 5500 · 2024

Wec Energy Group, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
153
Participants Small participant base
53rd
Percentile by assets National rank
$56,804
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wec Energy Group Limited Retirement Savings Plan · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities

$9M in assets, 153 participants

Wec Energy Group, Inc.'s Wec Energy Group Limited Retirement Savings Plan reported $9M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #169 in Utilities (732 peers)

Coverage in Wisconsin

Wec Energy Group Limited Retirement Savings Plan covers 153 participants in Wisconsin, about 27% of the average Wisconsin filer (state average ~563 per filing). Assets: $9M.

#169
in Utilities (732 peers)
+16.3%
assets growth YoY

Wec Energy Group Limited Retirement Savings Plan's mid-pack asset rank among Utilities and all filers

Wec Energy Group Limited Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,691,000 Top 47% higher than 53% of 123,620 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 2024

Wec Energy Group Limited Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wec Energy Group Limited Retirement Savings Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wec Energy Group Limited Retirement Savings Plan reported participants fell from 210 in the plan year 2023 filing to 153 in the plan year 2024 filing.
  • Wec Energy Group Limited Retirement Savings Plan end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Wec Energy Group Limited Retirement Savings Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · 401(k)

Wec Energy Group Limited Retirement Savings Plan · $9M · 153 · 53rd

  • EIN $9M
  • EIN 153
  • EIN 53rd
  • EIN 401(k)
  • EIN near Washington Bancorp Employee Stock Ownership Plan
  • EIN ind #169

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 Wisconsin →

Wec Energy Group Limited Retirement Savings Plan in the asset neighbourhood

Wec Energy Group Limited Retirement Savings PlanWec Energy Group Limited Ret…$9MWashington Bancorp Employee Stock Ownership PlanWashington Bancorp Employee …$9MAdorama 401(k) Plan$9MPeace Industries Ltd. 401(k) PlanPeace Industries Ltd. 401(k)…$9MMarvel Architects Landscape Ar 401(k) Profit Sharing Plan & TrustMarvel Architects Landscape …$9M
End-of-year total assets ($M) among Wec Energy Group Limited Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Wisconsin filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN391391525
Plan Effective Date2016-09-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Wec Energy Group, Inc.)

Sponsor-wide plan assets over time

All Wec Energy Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6.4B 8.758255265520711% vs 2022
2024 filing year
$5.8B$6B$6.2B$6.4B$6.6B 202220232024 $5.92B $6.43B ▲ +8.6%
Year Plans Participants Total Assets
2022 11 11,543 $5.9B
2023 11 11,075 $6.2B
2024 11 10,813 $6.4B

Nearby 401(k) Plans in Wisconsin

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Wec Energy Group Limited Retirement Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Wec Energy Group Limited Retirement Savings Plan, Total assets ($B): 0.008691 · Participants: 153Wec Energy Group Limited Retirement Savings PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 10.487791739 · Participants: 80015Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 7.188548319 · Participants: 28489Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 5.136404794 · Participants: 26372Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.988151 · Participants: 11661Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.765132976 · Participants: 9217Rockwell Automation Retirement Savings Plan
Wec Energy Group Limited Retirement Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Wec Energy Group Limited Retirement Savings Plan side-by-side with 3 peers →

Wec Energy Group Limited Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Washington Bancorp Employee Stock Ownership Plan in IA ($9M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wec Energy Group Limited Retirement Savings Plan assets move in 2024? ▼
Wec Energy Group Limited Retirement Savings Plan grew sharply - up 16.3% during 2024, from $7M to $9M. Reported net income was $2M.
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.
Which 401(k) plans are similar in size to Wec Energy Group Limited Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Washington Bancorp Employee Stock Ownership Plan in IA ($9M, 23 participants).
Which 401(k) plans cover a similar participant headcount to Wec Energy Group Limited Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Guardian Warranty 401(k) Plan in IL (153 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 391391525.

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.