Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 2,252
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $566,496
- Avg per participant High balance/head
Official DOL plan name: Wec Energy Group Retirement Account Plan · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$1.3B in assets, 2,252 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Account Plan reported $1.3B in total assets and 2,252 participants in its 2024 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.
- #661 in Utilities (732 peers)
Coverage in Wisconsin
Wec Energy Group Retirement Account Plan covers 2,252 participants in Wisconsin, 4.0x the typical Wisconsin plan (state average ~563 per filing). Assets: $1.3B.
- #661
- in Utilities (732 peers)
- -2.0%
- assets change YoY
- 13×
- vs typical plan assets (national mean)
The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Wec Energy Group Retirement Account Plan's outsized position by total assets
Wec Energy Group Retirement Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,275,750,000 Top 1% higher than 99% 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
Wec Energy Group Retirement Account Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wec Energy Group Retirement Account Plan lands in the large band (2,252 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wec Energy Group Retirement Account Plan reported net income fell from -$1M in the plan year 2023 filing to -$26M in the plan year 2024 filing.
- Wec Energy Group Retirement Account Plan reported participants fell from 2,410 in the plan year 2023 filing to 2,252 in the plan year 2024 filing.
- Wec Energy Group Retirement Account Plan end-of-year assets fell from $1.3B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · Defined Benefit (Pension)
Wec Energy Group Retirement Account Plan · $1.3B · 2,252 · 99th
- RANK $1.3B
- RANK 2,252
- RANK 99th
- RANK Defined Benefit (Pension)
- RANK near Colgate-Palmolive Company Employees' Retirement Income Plan
- RANK ind #661
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 Retirement Account Plan in the asset neighbourhood
Wisconsin filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | -$26M |
| Employer EIN | 391391525 |
| Plan Effective Date | 1962-01-01 |
| Filing Status | FILING 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
| 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.
- 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
Wec Energy Group Retirement Account Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Colgate-Palmolive Company Employees' Retirement Income Plan in NY ($1.3B); by covered participants it is Teamsters Negotiated Pension Plan in MO (2,256 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- Colgate-Palmolive Company Employees' Retirement Income Plan (NY) $1.3B · 1,330
- Eighth District Electrical Pension Fund (NV) $1.3B · 10,468
- Eastman Retirement Assistance Plan (TN) $1.3B · 2,885
- Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan (OR) $1.3B · 3,464
Similar participant headcount
Nearest other-state filings by covered participants (2,252 participants); asset peers above are excluded.
- Teamsters Negotiated Pension Plan (MO) 2,256 · 4 off
- Ohio Farmers Insurance Company Pension Plan (OH) 2,247 · 5 off
- American United Life Insurance Company Employees Retirement Plan and Trust (IN) 2,247 · 5 off
- Meba Pension Trust-Defined Benefit Plan (MD) 2,257 · 5 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.