Defined Benefit (Pension) · DOL Form 5500 · 2024

Consumers Energy Company Pension Plan

Data updated 2026-07-24

$1.9B
Total assets
1,863
Participants
99th
Percentile by assets
$1.0M
Avg per participant
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Official DOL plan name: Pension Plan a for Employees of Consumer Energy Company · Sponsored by Consumers Energy Company · Michigan · Utilities

$1.9B in assets, 1,863 participants

Consumers Energy Company's Pension Plan a for Employees of Consumer Energy Company reported $1.9B in total assets and 1,863 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 116,472 plans)

Coverage in Michigan

Pension Plan a for Employees of Consumer Energy Company covers 1,863 participants in Michigan, 2.9x the typical Michigan plan (state average ~632 per filing). Assets: $1.9B.

$1.9B
total plan assets (2024 EOY)
1,863
covered participants
99th
percentile by assets (of 116,472 plans)
$1.0M
avg assets per participant

The plan reported a net loss of $20M 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

  • Pension Plan a for Employees of Consumer Energy Company reported net income fell from $138M in the plan year 2023 filing to -$20M in the plan year 2024 filing.
  • Pension Plan a for Employees of Consumer Energy Company reported participants fell from 2,077 in the plan year 2023 filing to 1,863 in the plan year 2024 filing.
  • Pension Plan a for Employees of Consumer Energy Company end-of-year assets fell from $2.0B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Pension Plan a for Employees of Consumer Energy Company reports 1,863 participants - 2.9x that state average ($1.9B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$1.9B
Net Income-$20M
Employer EIN380442310
Plan Effective Date2018-01-01
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 a for Employees of Consumer Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Pension Plan a for Employees of Consumer Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 05101520 Total assets ($B) Participants Pension Plan a for E…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…Fca US LLC Pension P…
Pension Plan a for Employees of Consumer Energy Company vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Frequently Asked Questions

How did Pension Plan a for Employees of Consumer Energy Company assets move in 2024?
Pension Plan a for Employees of Consumer Energy Company edged down modestly - down 1.0% during 2024, from $2.0B to $1.9B. Reported net income was -$20M.
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 a for Employees of Consumer Energy Company rank by assets among Form 5500 filers?
Pension Plan a for Employees of Consumer Energy Company ranks in the 99th percentile by end-of-year assets among 116,472 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 a for Employees of Consumer Energy Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mason Tenders' District Council Pension Fund in NY ($2.0B, 9,056 participants).

Next read for Pension Plan a for Employees of Consumer…

Filing takeaways

Ways to act on Pension Plan a for Employees of Consumer Energy Company's numbers.

  • By total assets, Pension Plan a for Employees of Consumer 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.

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