Employers › Consumers Energy
Recordkeeping fees per participant · Consumers Energy Company Employees' Savings Plan · plan year 2024
$34.01
Higher than 49% of the 790 plans over $1B that report it.
= $340,190 / 10,003
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002115716NAL0000289827001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002115716NAL0000289827001, received 2025-10-02
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-02.
Administrative expenses excluding investment management, per participant
$44.15
Higher than 49% of the 1,045 plans over $1B that report it.
= $441,669 / 10,003
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002115716NAL0000289827001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002115716NAL0000289827001, received 2025-10-02
Administrative expenses per participant
$79.61
Higher than 58% of the 1,076 plans over $1B that report it.
= $796,387 / 10,003
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002115716NAL0000289827001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002115716NAL0000289827001, received 2025-10-02
Administrative expenses as a share of assets
0.028%
Higher than 28% of the 1,076 plans over $1B that report it.
= $796,387 / $2,854,295,232
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002115716NAL0000289827001, received 2025-10-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002115716NAL0000289827001, received 2025-10-02
Employer contributions per participant
$9,259
Higher than 91% of the 1,135 plans over $1B that report it.
= $92,620,168 / 10,003
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002115716NAL0000289827001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002115716NAL0000289827001, received 2025-10-02
Employer share of total contributions
45.9%
Higher than 87% of the 1,135 plans over $1B that report it.
= $92,620,168 / $201,890,949
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002115716NAL0000289827001, received 2025-10-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002115716NAL0000289827001, received 2025-10-02
Plan terms are described in Consumers Energy Company's SEC filings: Form 11-K filed 2008-06-26 and Form 10-K filed 2026-02-10. No term could be quoted from them with the required precision.
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251002115716NAL0000289827001, received 2025-10-02
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CONSUMERS ENERGY COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Plan name | CONSUMERS ENERGY COMPANY EMPLOYEES' SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Sponsor EIN / plan number | 38-0442310 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Sponsor location | JACKSON, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Industry (business code) | 221500, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Filing received | 2025-10-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Participants, beginning of year | 27,149 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Active participants | 8,218 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Participants, end of year | 23,741 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Participants with an account balance | 10,003 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Total assets, beginning of year | $2,464,822,775 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Total assets, end of year | $2,854,295,232 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Net assets, end of year | $2,854,295,232 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Total income | $574,198,541 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Net income | $389,472,457 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Employer contributions | $92,620,168 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Participant contributions | $102,831,762 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Other contributions (incl. rollovers) | $6,439,019 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Total contributions | $201,890,949 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Benefit payments | $183,929,697 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Total expenses (incl. benefit payments) | $184,726,084 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Total administrative expenses | $796,387 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Recordkeeping fees | $340,190 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Investment advisory and management fees | $354,718 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Administrative expenses excluding investment management | $441,669 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Held in common/collective trusts | $2,602,638,111 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Held in mutual funds | $201,409,550 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251002115716NAL0000289827001, received 2025-10-02 |
| Independent auditor | REHMANN ROBSON LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251002115716NAL0000289827001, received 2025-10-02 |
Position = column in the DOL layout for form year 2024. Filing 20251002115716NAL0000289827001, received 2025-10-02.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INV INST OPER COMPANY, INCrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $340,190 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251002115716NAL0000289827001, received 2025-10-02.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,464,822,775 | $2,854,295,232 | 15.8% |
| Participants with a balance | 10,650 | 10,003 | -6.1% |
| Administrative expenses | $787,360 | $796,387 | 1.1% |
| Recordkeeping fees per participant | $36.65 | $34.01 | -7.2% |
| Employer contributions | $91,416,005 | $92,620,168 | 1.3% |
Prior filing 20241009080124NAL0018001649001, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: CONSUMERS ENERGY COMPANY; SEC registrant: CONSUMERS ENERGY CO (CIK 201533, matched by EIN).