2023 Form 5500 filing — Wec Energy Group Retiree Welfare Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007153314NAL0026568672001) for Wec Energy Group Retiree Welfare Plan, reported by Wec Energy Group, Inc. under EIN 39-1391525 and plan number 544. It reports 3,960 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007153314NAL0026568672001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wec Energy Group, Inc.
- EIN
- 39-1391525
- Plan number
- 544
- Location
- Milwaukee, WI
- Participants
- 3,960
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $207,054,278
- Total liabilities (EOY)
- $892,836
- Net assets (EOY)
- $206,161,442
- Participant contributions
- $6,066,032
- Total income / additions
- $28,313,716
- Benefits paid
- $7,981,355
- Administrative expenses
- $366,835
- Total expenses
- $8,348,190
- Net increase / (decrease)
- $19,965,526
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Unitedhealthcare | NONE | $411,042 | not reported in the loaded dataset |
| Bswift, LLC | NONE | $362,478 | not reported in the loaded dataset |
| Express Scripts | NONE | $104,669 | not reported in the loaded dataset |
| Clarion Partners, LLC | NONE | $73,000 | not reported in the loaded dataset |
| Northern Trust Company | TRUSTEE | $51,261 | $0 |
| Robert W. Baird & Co | ADVISOR | $44,992 | not reported in the loaded dataset |
| Nuveen Asset Management | NONE | $28,026 | not reported in the loaded dataset |
| Willis Towers Watson | NONE | $23,942 | not reported in the loaded dataset |
| Wcm Investment Management | NONE | $18,302 | not reported in the loaded dataset |
| Monarch Partners Asset Management L | NONE | $16,398 | not reported in the loaded dataset |