Plan Snapshot
- Plan Sponsor: Wec Energy Group, INC.
- Sponsor EIN: 391391525
- Sponsor Address: 231 W. MICHIGAN STREET, P409, MILWAUKEE, WI, 53203
- Plan Type: DB
- Total Participants: 0
- Total Assets: $135.1M
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. |
|---|---|---|---|---|
| 2024 | 0 | $135.1M | $0 | $0 |
| 2023 | 0 | $138.5M | $0 | $0 |
| 2022 | 0 | $135.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $132,760 | — | $132,760 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $88,212 | — | $88,212 |
| CLIFTONLARSONALLEN LLP | Auditor | $20,137 | — | $20,137 |
| WEC BUSINESS SERVICES LLC | Other Service Provider | $9,491 | — | $9,491 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,600
- Estimated Expense Ratio: 0.186% 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 |
|---|---|---|---|---|---|
| 2024 | $382,000 | — | $133,000 | $20,000 | — |
| 2023 | $399,000 | — | $156,000 | $19,000 | — |
| 2022 | $359,000 | — | — | — | $238,000 |