Defined Benefit (Pension) · DOL Form 5500 · 2024

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-11

$46M
Total assets: 59
Participants: 83rd
Percentile by assets: $777,339
Avg per participant

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

$46M in assets, 59 participants

Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation reported $46M in total assets and 59 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

83rd percentile by assets (of 123,622 plans)
#365 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation ranks #365 of 732 2024 filers by assets (1171% of the sector average)-$46M for 59 participants.

$46M
total plan assets (2024 EOY): 59
covered participants: 83rd
percentile by assets (of 123,622 plans): $777,339
avg assets per participant

The plan reported a net loss of $908K 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 Minnesota Energy Resources Corporation reported net income fell from $1M in the plan year 2023 filing to -$908K in the plan year 2024 filing.
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation reported participants fell from 69 in the plan year 2023 filing to 59 in the plan year 2024 filing.
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation end-of-year assets fell from $47M in the plan year 2023 filing to $46M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Wisconsin

Industry

Utilities

Rank #365 in Utilities

Among 732 Utilities plans that filed a Form 5500 for plan year 2024, Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation ranks #365 by end-of-year assets - about 1171% of the sector average of $537M. Nationally it sits in the 83rd percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)	$47M
Net Assets (End of Year)	$46M
Net Income	-$908K
Employer EIN	391391525
Plan Effective Date	2017-01-01
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 Minnesota Energy Resources Corporation 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

Compare Wec Energy Group Retirement Plan for Min… 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 Minnesota Energy Resources Corporation by total assets, not by location.

American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan (TX) $46M · 559
Printing Local 72 Industry Pension Plan (MD) $46M · 18
Shell Federal Credit Union Retirement Pension Plan (TX) $46M · 432
Pension Plan of Volvo Cars of North America, LLC (NJ) $46M · 110

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation assets move in 2024? ▼

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation edged down modestly - down 1.9% during 2024, from $47M to $46M. Reported net income was -$908K.

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 Minnesota Energy Resources Corporation rank by assets among Form 5500 filers? ▼

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

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

Among Defined Benefit (Pension) plans in other states, the closest by assets is American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan in TX ($46M, 559 participants).

Next read for Wec Energy Group Retirement Plan for Min…

Filing takeaways

Ways to act on Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation's numbers.

By total assets, Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation ranks in the top quartile 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 2024.

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