Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-11
- $135M
- Total assets
- N/A
- Participants
- 92nd
- Percentile by assets
Official DOL plan name: Wec Energy Group Legacy Retirement Account Plan · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$135M in assets, N/A participants
Wec Energy Group, Inc.'s Wec Energy Group Legacy Retirement Account Plan reported $135M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #475 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Wec Energy Group Legacy Retirement Account Plan ranks #475 of 732 2024 filers by assets (398% of the sector average)-$135M for N/A participants.
- $135M
- total plan assets (2024 EOY)
- N/A
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- -2.5%
- assets change YoY
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Wec Energy Group Legacy Retirement Account Plan sits by total assets
Wec Energy Group Legacy Retirement Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$135,061,000 Top 8% higher than 92% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wec Energy Group Legacy Retirement Account Plan reported net income fell from $3M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Wec Energy Group Legacy Retirement Account Plan end-of-year assets fell from $138M in the plan year 2023 filing to $135M in the plan year 2024 filing.
Rank #475 in Utilities
Among 732 Utilities plans that filed a Form 5500 for plan year 2024, Wec Energy Group Legacy Retirement Account Plan ranks #475 by end-of-year assets - about 398% of the sector average of $537M. Nationally it sits in the 92nd percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $138M |
|---|---|
| Net Assets (End of Year) | $135M |
| Net Income | -$3M |
| Employer EIN | 391391525 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wec Energy Group, Inc.)
| 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 Legacy Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.5B · 10,236
- The Northwestern Mutual Employee Retirement Plan $3.3B · 8,254
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,653
- Harley-Davidson Retirement Plan $1.9B · 1,414
- North Central States Regional Council of Carpenters Pension Fund $1.8B · 5,105
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Wec Energy Group Legacy Retirement Account Plan by total assets, not by location.
- Victaulic Retirement Plan for Bargaining Unit Employees (PA) $135M · 141
- Momentive Performance Materials Inc. Pension Plan (NY) $135M · 649
- Atlanta Ironworkers Local #387 Pension Plan (TN) $136M · 723
- Seaboard Corporation Pension Plan (KS) $136M · 351
Frequently Asked Questions
How did Wec Energy Group Legacy Retirement Account Plan assets move in 2024? ▼
How have Wec Energy Group, Inc. plan assets changed over time? ▼
Where does Wec Energy Group Legacy Retirement Account Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Legacy Retirement Account Plan? ▼
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Filing takeaways
Ways to act on Wec Energy Group Legacy Retirement Account Plan's numbers.
- By total assets, Wec Energy Group Legacy Retirement Account Plan ranks in the top 10% 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