Defined Benefit (Pension) · DOL Form 5500 · 2024

Consumers Energy Company Pension Plan

Data updated 2026-08-11

$1.4B
Total assets
309
Participants
99th
Percentile by assets
$4.5M
Avg per participant
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Official DOL plan name: Pension Plan B for Employees of Consumers Energy Company · Sponsored by Consumers Energy Company · Michigan · Utilities

$1.4B in assets, 309 participants

Consumers Energy Company's Pension Plan B for Employees of Consumers Energy Company reported $1.4B in total assets and 309 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #665 in Utilities (732 peers)

Coverage in Michigan

Pension Plan B for Employees of Consumers Energy Company covers 309 participants in Michigan, about 48% of the average Michigan filer (state average ~638 per filing). Assets: $1.4B.

$1.4B
total plan assets (2024 EOY)
309
covered participants
99th
percentile by assets (of 123,622 plans)
$4.5M
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Pension Plan B for Employees of Consumers Energy Company sits by total assets

Pension Plan B for Employees of Consumers Energy Company vs every filed plan by assets

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

$1,397,349,088 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Plan B for Employees of Consumers Energy Company reported net income fell from $69M in the plan year 2023 filing to -$29M in the plan year 2024 filing.
  • Pension Plan B for Employees of Consumers Energy Company reported participants fell from 335 in the plan year 2023 filing to 309 in the plan year 2024 filing.
  • Pension Plan B for Employees of Consumers Energy Company end-of-year assets fell from $1.4B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Utilities

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Pension Plan B for Employees of Consumers Energy Company reports 309 participants - about 48% of that state average ($1.4B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.4B
Net Income-$29M
Employer EIN380442310
Plan Effective Date1944-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Consumers Energy Company)

$5B$5.5B$6B$6.5B 202220232024 $5.28B $6.19B ▲ +17.2%
Total plan assets by year, all Consumers Energy Company plans on file
Year Plans Participants Total Assets
2022 3 11,086 $5.3B
2023 3 10,438 $5.9B
2024 3 10,388 $6.2B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan B for Employees of Consumers Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Pension Plan B for E…, Total assets ($B): 1.397349088 · Participants: 309Pension Plan B for E…General Motors Hourl…, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourl…Ford Motor Company U…, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company U…Ford Motor Company G…, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company G…Dow Employees' Pensi…, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pensi…Fca US LLC UAW Pensi…, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pensi…
Pension Plan B for Employees of Consumers Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Pension Plan B for Employees of Consumer… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan B for Employees of Consumers Energy Company by total assets, not by location.

Frequently Asked Questions

How did Pension Plan B for Employees of Consumers Energy Company assets move in 2024? ▼
Pension Plan B for Employees of Consumers Energy Company edged down modestly - down 2.0% during 2024, from $1.4B to $1.4B. Reported net income was -$29M.
How have Consumers Energy Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Consumers Energy Company's sponsor-wide assets grew 17.3%, from $5.3B to $6.2B.
Where does Pension Plan B for Employees of Consumers Energy Company rank by assets among Form 5500 filers? ▼
Pension Plan B for Employees of Consumers Energy Company ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan B for Employees of Consumers Energy Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Central Laborers' Pension Fund in IL ($1.4B, 5,059 participants).

Next read for Pension Plan B for Employees of Consumer…

Filing takeaways

Ways to act on Pension Plan B for Employees of Consumers Energy Company's numbers.

  • By total assets, Pension Plan B for Employees of Consumers Energy Company ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Consumers Energy Company's sponsor-wide assets have grown 17.3% 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 380442310.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.