Employers › WEC Energy Group
Recordkeeping fees per participant · largest plan, WEC Energy Group Employee Retirement Savings Plan · plan year 2024
$54.37
Higher than 88% of the 790 plans over $1B that report it.
= $270,000 / 4,966
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250604103252NAL0008351667001, received 2025-06-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250604103252NAL0008351667001, received 2025-06-04
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 2025-06-04.
Recordkeeping fees per participantheadline
$54.37
Higher than 88% of the 790 plans over $1B that report it.
= $270,000 / 4,966
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250604103252NAL0008351667001, received 2025-06-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250604103252NAL0008351667001, received 2025-06-04
Administrative expenses excluding investment management, per participant
$81.76
Higher than 85% of the 1,045 plans over $1B that report it.
= $406,000 / 4,966
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250604103252NAL0008351667001, received 2025-06-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250604103252NAL0008351667001, received 2025-06-04
Administrative expenses per participant
$138.94
Higher than 85% of the 1,076 plans over $1B that report it.
= $690,000 / 4,966
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250604103252NAL0008351667001, received 2025-06-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250604103252NAL0008351667001, received 2025-06-04
Administrative expenses as a share of assets
0.035%
Higher than 35% of the 1,076 plans over $1B that report it.
= $690,000 / $1,977,887,000
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250604103252NAL0008351667001, received 2025-06-04
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250604103252NAL0008351667001, received 2025-06-04
Employer contributions per participant
$5,211
Higher than 70% of the 1,135 plans over $1B that report it.
= $25,876,000 / 4,966
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250604103252NAL0008351667001, received 2025-06-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250604103252NAL0008351667001, received 2025-06-04
Employer share of total contributions
32.7%
Higher than 48% of the 1,135 plans over $1B that report it.
= $25,876,000 / $79,104,000
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250604103252NAL0008351667001, received 2025-06-04
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250604103252NAL0008351667001, received 2025-06-04
98.7% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($138.94 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Employer match
“Upon completion of one year of service or upon attainment of 59-1/2 years of age while in the service of the Company, participants become 100% vested in the Company's matching contributions and the Employer Retirement Contribution, plus actual earnings on those contributions.”
Form 11-K filed 2026-05-28, for the year ended 2025-12-31 · plan description note, contributions · source document
Automatic enrollment
“The Plan has an automatic enrollment feature for all newly hired full-time management employees and certain represented employees.”
Form 11-K filed 2026-05-28, for the year ended 2025-12-31 · plan description note, general · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| WEC Energy Group Employee Retirement Savings Plan | $1,977,887,000 | 4,966 | $54.37 recordkeeping fees per participant | 2024 |
| WEC Energy Group Retirement Savings Plan | $1,688,123,000 | 4,892 | $54.99 recordkeeping fees per participant | 2024 |
| WEC Energy Group Limited Retirement Savings Plan | $8,691,000 | 171 | $146.20 recordkeeping fees per participant | 2024 |
Sponsor name as filed: WEC ENERGY GROUP, INC.; SEC registrant: WEC ENERGY GROUP, INC. (CIK 783325, matched by EIN; display name from the Form 11-K cover).