Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $57M
- Total assets Below avg plan size
- 58
- Participants Small participant base
- 85th
- Percentile by assets National rank
- $975,379
- Avg per participant High balance/head
Official DOL plan name: Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$57M in assets, 58 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation reported $57M in total assets and 58 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #387 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation ranks #387 of 732 2024 filers by assets (949% of the sector average)-$57M for 58 participants.
- #387
- in Utilities (732 peers)
- -1.4%
- assets change YoY
- 0.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $801K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation's outsized position by total assets
Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$56,572,000 Top 15% higher than 85% 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 Plan for Michigan Gas Utilities Corporation among smaller 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 Retirement Plan for Michigan Gas Utilities Corporation is a small filing (58 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation reported net income fell from $2M in the plan year 2023 filing to -$801K in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation reported participants fell from 62 in the plan year 2023 filing to 58 in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation end-of-year assets fell from $57M in the plan year 2023 filing to $57M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · Defined Benefit (Pension)
Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation · $57M · 58 · 85th
- BOOK $57M
- BOOK 58
- BOOK 85th
- BOOK Defined Benefit (Pension)
- BOOK near Retirement Plan for the Employees of Museum Associates
- BOOK ind #387
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 Plan for Michigan Gas Utilities Corporation in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $57M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$801K |
| Employer EIN | 391391525 |
| Plan Effective Date | 2017-01-01 |
| 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 Plan for Michigan Gas Utilities Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Retirement Plan for the Employees of Museum Associates in CA ($57M); by covered participants it is Jack Rubin & Sons, Inc. Defined Benefit Pension Plan in CA (58 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($57M here).
Similar participant headcount
Nearest other-state filings by covered participants (58 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.