Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-25
- $185M
- Total assets Near avg plan size
- 328
- Participants Below avg headcount
- 94th
- Percentile by assets National rank
- $565,253
- Avg per participant High balance/head
Official DOL plan name: Wec Energy Group Retirement Plan for Wec Business Services · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$185M in assets, 328 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Wec Business Services reported $185M in total assets and 328 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #504 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Wec Energy Group Retirement Plan for Wec Business Services ranks #504 of 732 2024 filers by assets (290% of the sector average)-$185M for 328 participants.
- #504
- in Utilities (732 peers)
- -3.1%
- assets change YoY
- 1.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $6M 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 Wec Business Services's outsized position by total assets
Wec Energy Group Retirement Plan for Wec Business Services vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$185,403,000 Top 6% higher than 94% 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 Wec Business Services 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 Wec Business Services sits mid-pack in the medium band (328 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wec Energy Group Retirement Plan for Wec Business Services reported net income fell from $3M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Wec Business Services reported participants fell from 358 in the plan year 2023 filing to 328 in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Wec Business Services end-of-year assets fell from $191M in the plan year 2023 filing to $185M in the plan year 2024 filing.
DOL schedule card
Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · Defined Benefit (Pension)
Wec Energy Group Retirement Plan for Wec Business Services · $185M · 328 · 94th
- EIN $185M
- RANK 328
- PHOTO 94th
- IND Defined Benefit (Pension)
- EOY near Jbt Corporation Employees' Retirement Program
- 5500 ind #504
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 Wec Business Services in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $191M |
|---|---|
| Net Assets (End of Year) | $185M |
| Net Income | -$6M |
| 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 Wec Business Services's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Jbt Corporation Employees' Retirement Program in IL ($186M); by covered participants it is Swiss Re Group U.S. Employees' Pension Plan in NY (328 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($185M here).
Similar participant headcount
Nearest other-state filings by covered participants (328 participants); asset peers above are excluded.
- Swiss Re Group U.S. Employees' Pension Plan (NY) 328 · 0 off
- Aaa Cooper Transportation Pension Plan for Eligible Employees (AL) 328 · 0 off
- Indiana Farm Bureau Retirement Plan (IN) 328 · 0 off
- Officemax Consolidated Pension Plan (FL) 328 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.