Plan Snapshot
- Plan Sponsor: Wec Energy Group, INC.
- Sponsor EIN: 391391525
- Sponsor Address: 231 W. MICHIGAN STREET, P409, MILWAUKEE, WI, 53203
- Plan Type: 401(k)
- Plan Number: 544
- Total Participants: 0
- Total Assets: $241.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $241.9M | $0 | $0 |
| 2024 | 0 | $219.3M | $657,687 | $6.3M |
| 2023 | 0 | $207.1M | $0 | $6.1M |
| 2022 | 0 | $236.5M | $858,001 | $7.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BSWIFT, LLC | Other Service Provider | $379,833 | — | $379,833 |
| UNITEDHEALTHCARE | Other Service Provider | $303,462 | — | $303,462 |
| EXPRESS SCRIPTS | Other Service Provider | $102,544 | — | $102,544 |
| NUVEEN ASSET MANAGEMENT | Other Service Provider | $65,047 | — | $65,047 |
| CLARION PARTNERS, LLC | Other Service Provider | $60,448 | — | $60,448 |
| ROBERT W. BAIRD & CO | Investment Advisor | $44,992 | — | $44,992 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $40,474 | — | $40,474 |
| WILLIS TOWERS WATSON | Other Service Provider | $20,628 | — | $20,628 |
| WCM INVESTMENT MANAGEMENT | Other Service Provider | $16,451 | — | $16,451 |
| CLIFTONLARSONALLEN | Other Service Provider | $11,171 | — | $11,171 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,045,050
- Estimated Expense Ratio: 0.432% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $7,688,571 | $189,604 | $123,456 | $11,171 | — |
| 2024 | $416,655 | $146,288 | $182,431 | $10,765 | — |
| 2023 | $366,835 | $186,053 | $110,914 | — | — |
| 2022 | $269,893 | $163,618 | $71,542 | — | $34,733 |