Wec Energy Group Retiree 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 Retiree Welfare Plan is a benefit plan reported by Wec Energy Group, Inc. under EIN 39-1391525 and plan number 544. The latest loaded filing year is 2023. The filing reports 3,960 participants and $207,054,278 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
- 544
- Plan type
- 2
- Location
- Milwaukee, WI
- Latest filing year
- 2023
- Participants
- 3,960
- End-of-year plan assets
- $207,054,278
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,960 | H, C | 20241007153314NAL0026568672001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $207,054,278
- Total liabilities (EOY)
- $892,836
- Net assets (EOY)
- $206,161,442
- Net assets (BOY)
- $236,195,916
Income & contributions
- Participant contributions
- $6,066,032
- Total contributions
- $6,066,032
- Total income / additions
- $28,313,716
Expenses & distributions
- Benefits paid
- $7,981,355
- Administrative expenses
- $366,835
- Total expenses
- $8,348,190
- Net increase / (decrease)
- $19,965,526
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Unitedhealthcare | NONE | $411,042 | not reported in the loaded dataset | 2023 |
| Bswift, LLC | NONE | $362,478 | not reported in the loaded dataset | 2023 |
| Express Scripts | NONE | $104,669 | not reported in the loaded dataset | 2023 |
| Clarion Partners, LLC | NONE | $73,000 | not reported in the loaded dataset | 2023 |
| Northern Trust Company | TRUSTEE | $51,261 | $0 | 2023 |
| Robert W. Baird & Co | ADVISOR | $44,992 | not reported in the loaded dataset | 2023 |
| Nuveen Asset Management | NONE | $28,026 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson | NONE | $23,942 | not reported in the loaded dataset | 2023 |
| Wcm Investment Management | NONE | $18,302 | not reported in the loaded dataset | 2023 |
| Monarch Partners Asset Management L | NONE | $16,398 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wec Energy Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in WI
- 401(k) and benefit plan filings in Milwaukee, WI
- Unitedhealthcare — Schedule C compensation
- Bswift, LLC — Schedule C compensation
- Express Scripts — Schedule C compensation
- Clarion Partners, LLC — Schedule C compensation
- Northern Trust Company — Schedule C compensation
- Robert W. Baird & Co — Schedule C compensation
- Nuveen Asset Management — Schedule C compensation
- Willis Towers Watson — Schedule C compensation
- Wcm Investment Management — Schedule C compensation
- Monarch Partners Asset Management L — Schedule C compensation