Defined Benefit (Pension) · DOL Form 5500 · 2023

Semco Energy, Inc. Pension Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
77
Participants Small participant base
89th
Percentile by assets National rank
$998,663
Avg per participant High balance/head
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Official DOL plan name: Semco Energy, Inc. Union Employees' Retirement Plan · Sponsored by Semco Energy, Inc. · Michigan · Utilities

$77M in assets, 77 participants

Semco Energy, Inc.'s Semco Energy, Inc. Union Employees' Retirement Plan reported $77M in total assets and 77 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #426 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Semco Energy, Inc. Union Employees' Retirement Plan ranks #426 of 721 2023 filers by assets (698% of the sector average)-$77M for 77 participants.

#426
in Utilities (721 peers)
+9.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Semco Energy, Inc. Union Employees' Retirement Plan's outsized position by total assets

Semco Energy, Inc. Union Employees' Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$76,897,049 Top 11% higher than 89% of 127,068 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 2023

Semco Energy, Inc. Union Employees' Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Semco Energy, Inc. Union Employees' Retirement Plan is a small filing (77 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Semco Energy, Inc. Union Employees' Retirement Plan reported net income rose from -$17M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Semco Energy, Inc. Union Employees' Retirement Plan reported participants fell from 100 in the plan year 2022 filing to 77 in the plan year 2023 filing.
  • Semco Energy, Inc. Union Employees' Retirement Plan end-of-year assets rose from $70M in the plan year 2022 filing to $77M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 382144267 · Semco Energy, Inc. PY 2023 · Defined Benefit (Pension)

Semco Energy, Inc. Union Employees' Retirement Plan · $77M · 77 · 89th

  • PCT $77M
  • EIN 77
  • RANK 89th
  • PHOTO Defined Benefit (Pension)
  • IND near Buck Consultants Retirement Plan
  • EOY ind #426

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 Michigan →

Semco Energy, Inc. Union Employees' Retirement Plan in the asset neighbourhood

Retirement Plan for Registered Practical Nurses of Samaritan Medical Centers & Samaritan Keep Nursing Home, Inc.Retirement Plan for Register…$77MPlumbers & Steamfitters Local No. 452 Pension Trust FundPlumbers & Steamfitters Loca…$77MSemco Energy, Inc. Union Employees' Retirement PlanSemco Energy, Inc. Union Emp…$77MBuck Consultants Retirement PlanBuck Consultants Retirement …$77MPension Plan for Employees of Cn U.S. SubsidiariesPension Plan for Employees o…$77M
End-of-year total assets ($M) among Semco Energy, Inc. Union Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$77M
Net Income$7M
Employer EIN382144267
Plan Effective Date1971-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Semco Energy, Inc.)

Sponsor-wide plan assets over time

All Semco Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$234M 13.203879533498576% vs 2022
2024 filing year
$200M$220M$240M$260M$280M 202220232024 $270M $234M ▼ -13.2%
Year Plans Participants Total Assets
2022 4 398 $270M
2023 3 244 $220M
2024 3 191 $234M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Semco Energy, Inc. Union Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Semco Energy, Inc. Union Employees' Retirement Plan, Total assets ($B): 0.076897049 · Participants: 77Semco Energy, Inc. Union Employees' Retirement PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Semco Energy, Inc. Union Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Semco Energy, Inc. Union Employees' Retirement Plan side-by-side with 3 peers →

Semco Energy, Inc. Union Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Buck Consultants Retirement Plan in NJ ($77M); by covered participants it is American Legion Retirement Plan for Employees of the National Headquarters & Subordinate Groups Thereof in IN (77 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (77 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Semco Energy, Inc. Union Employees' Retirement Plan assets move in 2023? ▼
Semco Energy, Inc. Union Employees' Retirement Plan grew at a solid clip - up 9.9% during 2023, from $70M to $77M. Reported net income was $7M.
How have Semco Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Semco Energy, Inc.'s sponsor-wide assets declined 13.2%, from $270M to $234M.
Where does Semco Energy, Inc. Union Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Semco Energy, Inc. Union Employees' Retirement Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Semco Energy, Inc. Union Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Buck Consultants Retirement Plan in NJ ($77M, 288 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Semco Energy, Inc. Union Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is American Legion Retirement Plan for Employees of the National Headquarters & Subordinate Groups Thereof in IN (77 participants, $60M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382144267.

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.