Defined Benefit (Pension) · DOL Form 5500 · 2024
Upper Peninsula Power Company Pension Plan
Data updated 2026-08-25
- $87M
- Total assets Below avg plan size
- 52
- Participants Small participant base
- 89th
- Percentile by assets National rank
- $1.7M
- Avg per participant High balance/head
Official DOL plan name: Upper Peninsula Power Company Retirement Plan · Sponsored by Upper Peninsula Power Company · Michigan · Utilities
$87M in assets, 52 participants
Upper Peninsula Power Company's Upper Peninsula Power Company Retirement Plan reported $87M in total assets and 52 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.
- #439 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Upper Peninsula Power Company Retirement Plan ranks #439 of 732 2024 filers by assets (615% of the sector average)-$87M for 52 participants.
- #439
- in Utilities (732 peers)
- -4.8%
- assets change YoY
- 0.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Upper Peninsula Power Company Retirement Plan's outsized position by total assets
Upper Peninsula Power Company Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$87,338,782 Top 11% higher than 89% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Upper Peninsula Power Company 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. Upper Peninsula Power Company Retirement Plan is a small filing (52 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Upper Peninsula Power Company Retirement Plan reported net income fell from $889K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Upper Peninsula Power Company Retirement Plan reported participants fell from 58 in the plan year 2023 filing to 52 in the plan year 2024 filing.
- Upper Peninsula Power Company Retirement Plan end-of-year assets fell from $92M in the plan year 2023 filing to $87M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 381280574 · Upper Peninsula Power Company PY 2024 · Defined Benefit (Pension)
Upper Peninsula Power Company Retirement Plan · $87M · 52 · 89th
- PART $87M
- PART 52
- PART 89th
- PART Defined Benefit (Pension)
- PART near A-E-F-C Pension Plan
- PART ind #439
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 →
Upper Peninsula Power Company Retirement Plan in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $92M |
|---|---|
| Net Assets (End of Year) | $87M |
| Net Income | -$4M |
| Employer EIN | 381280574 |
| Plan Effective Date | 2014-01-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Upper Peninsula Power Company)
Sponsor-wide plan assets over time
All Upper Peninsula Power Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $87M 3.9131978405449734% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 61 | $91M |
| 2023 | 1 | 58 | $92M |
| 2024 | 1 | 52 | $87M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Upper Peninsula Power Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is A-E-F-C Pension Plan in IL ($87M); by covered participants it is Dr. Scott Bowlby, D.D.S., P.a. Cash Balance Plan in MN (52 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($87M here).
- A-E-F-C Pension Plan (IL) $87M · 168
- Sirva Employees Retirement Plan (IL) $87M · 147
- Major League Baseball Pension Plan for Non-Uniformed Personnel (OH) $87M · 234
- Avis Rent a Car System, LLC Pension Plan (NJ) $88M · 44
Similar participant headcount
Nearest other-state filings by covered participants (52 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.