Plan5500

Wec Energy Group Welfare Plan — Form 5500 plan (Wec Energy Group, Inc.)

Plain-English plan 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, Wec Energy Group Welfare Plan is a benefit plan reported by Wec Energy Group, Inc. under EIN 39-1391525 and plan number 504. The latest loaded filing year is 2023. The filing reports 6,876 participants and $33,552,667 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wec Energy Group, Inc.
EIN
39-1391525
Plan number
504
Plan type
2
Location
Milwaukee, WI
Latest filing year
2023
Participants
6,876
End-of-year plan assets
$33,552,667

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,876H, C20241030154153NAL0001680546001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,552,667
Total liabilities (EOY)
$433,745
Net assets (EOY)
$33,118,922
Net assets (BOY)
-$117,542

Income & contributions

Employer contributions
$85,238,320
Participant contributions
$41,854,533
Total contributions
$127,092,853
Total income / additions
$127,985,433

Expenses & distributions

Benefits paid
$139,534,906
Administrative expenses
$5,214,063
Total expenses
$144,748,969
Net increase / (decrease)
-$16,763,536

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
UnitedhealthcareNONE$3,794,139not reported in the loaded dataset2023
Express ScriptsNONE$694,932not reported in the loaded dataset2023
Bswift, LLCNONE$608,128not reported in the loaded dataset2023
Delta Dental Of WisconsinNONE$116,778not reported in the loaded dataset2023

Related Form 5500 pages