Defined Benefit (Pension) · DOL Form 5500 · 2024
Wec Energy Group, Inc. Pension Plan
Data updated 2026-08-06
- $713M
- Total assets
- 522
- Participants
- 98th
- Percentile by assets
- $1.4M
- Avg per participant
Official DOL plan name: Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation · Sponsored by Wec Energy Group, Inc. · Wisconsin · Utilities
$713M in assets, 522 participants
Wec Energy Group, Inc.'s Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation reported $713M in total assets and 522 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 116,472 plans)
Where Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation sits by assets
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation sits in the top 5% of all filed plans by assets, $713M for 522 participants (~$1.4M/participant), down 0.9% in 2024.
- $713M
- total plan assets (2024 EOY)
- 522
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $1.4M
- avg assets per participant
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation reported net income fell from $35M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation reported participants fell from 569 in the plan year 2023 filing to 522 in the plan year 2024 filing.
- Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation end-of-year assets fell from $720M in the plan year 2023 filing to $713M in the plan year 2024 filing.
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation vs the 2024 asset distribution
By assets, Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 7.1x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $720M |
|---|---|
| Net Assets (End of Year) | $713M |
| Net Income | -$7M |
| Employer EIN | 391391525 |
| Plan Effective Date | 1987-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wec Energy Group, Inc.)
| 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 Wisconsin Public Service 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation by total assets, not by location.
Frequently Asked Questions
How did Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation assets move in 2024? ▼
How have Wec Energy Group, Inc. plan assets changed over time? ▼
Where does Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation? ▼
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Ways to act on Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation's numbers.
- By total assets, Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation ranks in the top 5% 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.
Read our methodology - how this data is sourced, computed, and verified.