Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $46M
- Total assets Below avg plan size
- 59
- Participants Small participant base
- 83rd
- Percentile by assets National rank
- $777,339
- Avg per participant High balance/head
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.
- #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.
- #365
- in Utilities (732 peers)
- -1.9%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
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's outsized position by total assets
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$45,863,000 Top 17% higher than 83% 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 Minnesota Energy Resources 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 Minnesota Energy Resources Corporation is a small filing (59 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 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.
Published 5500 schedule card
Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · Defined Benefit (Pension)
Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation · $46M · 59 · 83rd
- PHOTO $46M
- PHOTO 59
- PHOTO 83rd
- PHOTO Defined Benefit (Pension)
- PHOTO near American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan
- PHOTO ind #365
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 Minnesota Energy Resources Corporation in the asset neighbourhood
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.)
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 Minnesota Energy Resources Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan in TX ($46M); by covered participants it is Mag Mutual Insurance Company Defined Benefit Plan in GA (59 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($46M here).
Similar participant headcount
Nearest other-state filings by covered participants (59 participants); asset peers above are excluded.
- Mag Mutual Insurance Company Defined Benefit Plan (GA) 59 · 0 off
- Kik Custom Products Pension Plan (GA) 59 · 0 off
- Retirement Plan for Employees of Halocarbon Products Corporation (GA) 59 · 0 off
- Local 381 Pension Fund (NY) 59 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.