Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $314M
- Total assets Above avg plan size
- 413
- Participants Below avg headcount
- 96th
- Percentile by assets National rank
- $759,828
- Avg per participant High balance/head
Official DOL plan name: Wec Energy Group Retirement Plan for Pgl and Nsg · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$314M in assets, 413 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Pgl and Nsg reported $314M in total assets and 413 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #554 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Wec Energy Group Retirement Plan for Pgl and Nsg ranks #554 of 732 2024 filers by assets (171% of the sector average)-$314M for 413 participants.
- #554
- in Utilities (732 peers)
- -3.9%
- assets change YoY
- 3.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $13M 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 Pgl and Nsg's outsized position by total assets
Wec Energy Group Retirement Plan for Pgl and Nsg vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$313,809,000 Top 4% higher than 96% 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 Pgl and Nsg among mid-size 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 Pgl and Nsg sits mid-pack in the medium band (413 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wec Energy Group Retirement Plan for Pgl and Nsg reported net income fell from $6M in the plan year 2023 filing to -$13M in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Pgl and Nsg reported participants fell from 453 in the plan year 2023 filing to 413 in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Pgl and Nsg end-of-year assets fell from $327M in the plan year 2023 filing to $314M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · Defined Benefit (Pension)
Wec Energy Group Retirement Plan for Pgl and Nsg · $314M · 413 · 96th
- RANK $314M
- RANK 413
- RANK 96th
- RANK Defined Benefit (Pension)
- RANK near Pension Plan for Employees of Hns Management Co Inc Represented by Atu
- RANK ind #554
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 Pgl and Nsg in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $327M |
|---|---|
| Net Assets (End of Year) | $314M |
| Net Income | -$13M |
| 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 Pgl and Nsg's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of Hns Management Co Inc Represented by Atu in CT ($314M); by covered participants it is Pension Fund of Heat and Frost Insulators Local 12 in NY (413 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($314M here).
- Pension Plan for Employees of Hns Management Co Inc Represented by Atu (CT) $314M · 1,013
- Cit Group, Inc. Retirement Plan (NC) $314M · 643
- Volvo Group North America Retirement Plan (NC) $314M · 3,512
- Arthur J. Gallagher & Co. Employees' Pension Plan (IL) $313M · 982
Similar participant headcount
Nearest other-state filings by covered participants (413 participants); asset peers above are excluded.
- Pension Fund of Heat and Frost Insulators Local 12 (NY) 413 · 0 off
- Mead Johnson & Company Retirement Plan (NJ) 413 · 0 off
- Conmed Corporation Retirement Pension Plan (FL) 413 · 0 off
- Twin City Floor Covering Industry Pension Fund (MN) 413 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.