Plan Snapshot
- Plan Sponsor: Wec Energy Group, INC.
- Sponsor EIN: 391391525
- Sponsor Address: 231 W. MICHIGAN STREET, P409, MILWAUKEE, WI, 53203
- Plan Type: DB
- Plan Number: 053
- Total Participants: 303
- Total Assets: $46.8M
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 | 303 | $46.8M | $0 | $0 |
| 2024 | 55 | $45.9M | $0 | $0 |
| 2023 | 59 | $46.8M | $0 | $0 |
| 2022 | 69 | $45.4M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Other Service Provider | $89,175 | — | $89,175 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Other Service Provider | $45,183 | — | $45,183 |
| CLIFTONLARSONALLEN LLP | Other Service Provider | $22,524 | — | $22,524 |
| WEC BUSINESS SERVICES LLC | Other Service Provider | $6,765 | — | $6,765 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,647
- Estimated Expense Ratio: 0.350% 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 | $3,366,000 | — | $45,000 | $23,000 | — |
| 2024 | $225,000 | — | $45,000 | $22,000 | — |
| 2023 | $192,000 | — | $49,000 | $16,000 | — |
| 2022 | $182,000 | — | — | — | $151,000 |