Defined Benefit (Pension) · DOL Form 5500 · 2024

Wec Energy Group, Inc. Pension Plan

Data updated 2026-08-25

$713M
Total assets Above avg plan size
522
Participants Below avg headcount
98th
Percentile by assets National rank
$1.4M
Avg per participant High balance/head
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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.

  • #615 in Utilities (732 peers)

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.

#615
in Utilities (732 peers)
-0.9%
assets change YoY
7.2×
vs typical plan assets (national mean)

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.

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation's outsized position by total assets

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$713,416,000 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 Wisconsin Public Service Corporation 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 Wisconsin Public Service Corporation sits mid-pack in the medium band (522 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 391391525 · Wec Energy Group, Inc. PY 2024 · Defined Benefit (Pension)

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation · $713M · 522 · 98th

  • EOY $713M
  • EOY 522
  • EOY 98th
  • EOY Defined Benefit (Pension)
  • EOY near International Motors, LLC Hourly Employees Pension Plan No. 1
  • EOY ind #615

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 Wisconsin Public Service Corporation in the asset neighbourhood

Chs Inc. Pension Plan$714MInternational Motors, LLC Hourly Employees Pension Plan No. 1International Motors, LLC Ho…$714MWec Energy Group Retirement Plan for Wisconsin Public Service CorporationWec Energy Group Retirement …$713MTeamsters Negotiated Pension PlanTeamsters Negotiated Pension…$713MPension Plan for Employees of American Water Works Company, Inc. & Its Designated SubsidiariesPension Plan for Employees o…$712M
End-of-year total assets ($M) among Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$720M
Net Assets (End of Year)$713M
Net Income-$7M
Employer EIN391391525
Plan Effective Date1987-05-01
Filing StatusFILING 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
$5.8B$6B$6.2B$6.4B$6.6B 202220232024 $5.92B $6.43B ▲ +8.6%
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 Scatter plot of 6 data points. 050001000015000 01234 Total assets ($B) Participants Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation, Total assets ($B): 0.713416 · Participants: 522Wec Energy Group Retirement Plan for Wisconsin Public Service CorporationBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.531588718 · Participants: 10236Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.254287792 · Participants: 8254The Northwestern Mutual Employee Retirement PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.075823689 · Participants: 7653The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.851962731 · Participants: 1414Harley-Davidson Retirement PlanNorth Central States Regional Council of Carpenters Pension Fund, Total assets ($B): 1.83166949 · Participants: 5105North Central States Regional Council of Carpenters Pension Fund
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is International Motors, LLC Hourly Employees Pension Plan No. 1 in IL ($714M); by covered participants it is Gerdau Macsteel Pension Plan for Bargaining Employees in FL (522 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (522 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation assets move in 2024?
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation held essentially flat - down 0.9% during 2024, from $720M to $713M. Reported net income was -$7M.
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 Wisconsin Public Service Corporation rank by assets among Form 5500 filers?
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation?
Among Defined Benefit (Pension) plans in other states, the closest by assets is International Motors, LLC Hourly Employees Pension Plan No. 1 in IL ($714M, 811 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gerdau Macsteel Pension Plan for Bargaining Employees in FL (522 participants, $74M in assets).