Defined Benefit (Pension) · DOL Form 5500 · 2024

Semco Energy, Inc. Pension Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
70
Participants Small participant base
89th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Semco Energy, Inc. Union Employees' Retirement Plan · Sponsored by Semco Energy, Inc. · Michigan · Utilities

$82M in assets, 70 participants

Semco Energy, Inc.'s Semco Energy, Inc. Union Employees' Retirement Plan reported $82M in total assets and 70 participants in its 2024 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.

  • #433 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Semco Energy, Inc. Union Employees' Retirement Plan ranks #433 of 732 2024 filers by assets (655% of the sector average)-$82M for 70 participants.

#433
in Utilities (732 peers)
+6.6%
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 2024 · DOL Form 5500

$81,977,180 Top 11% higher than 89% 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

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

Plan-year 2024 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 (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Semco Energy, Inc. Union Employees' Retirement Plan reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Semco Energy, Inc. Union Employees' Retirement Plan reported participants fell from 77 in the plan year 2023 filing to 70 in the plan year 2024 filing.
  • Semco Energy, Inc. Union Employees' Retirement Plan end-of-year assets rose from $77M in the plan year 2023 filing to $82M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382144267 · Semco Energy, Inc. PY 2024 · Defined Benefit (Pension)

Semco Energy, Inc. Union Employees' Retirement Plan · $82M · 70 · 89th

  • NET $82M
  • NET 70
  • NET 89th
  • NET Defined Benefit (Pension)
  • NET near Sbera Pension Plan as Adopted by Bristol County Savings Bank
  • NET ind #433

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

The Retirement Plan for Employees of Pentagon Federal Credit UnionThe Retirement Plan for Empl…$82MSemco Energy, Inc. Union Employees' Retirement PlanSemco Energy, Inc. Union Emp…$82MSbera Pension Plan as Adopted by Bristol County Savings BankSbera Pension Plan as Adopte…$82MPlumbers & Pipefitters Local 152 Pension Tr FundPlumbers & Pipefitters Local…$82MBaptist Health Care, Inc. Pension PlanBaptist Health Care, Inc. Pe…$82M
End-of-year total assets ($M) among Semco Energy, Inc. Union Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$82M
Net Income$5M
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): 0.08197718 · Participants: 70Semco Energy, Inc. Union Employees' Retirement PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca 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 Sbera Pension Plan as Adopted by Bristol County Savings Bank in MA ($82M); by covered participants it is The Fidelity Bank Pension Plan in NC (70 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (70 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 Semco Energy, Inc. Union Employees' Retirement Plan assets move in 2024? ▼
Semco Energy, Inc. Union Employees' Retirement Plan grew at a solid clip - up 6.6% during 2024, from $77M to $82M. Reported net income was $5M.
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 123,622 plans that reported assets for plan year 2024 (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 Sbera Pension Plan as Adopted by Bristol County Savings Bank in MA ($82M, 331 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 The Fidelity Bank Pension Plan in NC (70 participants, $38M in assets).

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 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.