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Original filing (PDF)20250604103252NAL0008351667001
WEC ENERGY GROUP, INC.
Form 5500
FILING_RECEIVED
WEC ENERGY GROUP EMPLOYEE RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 1
16% employer stock
Active participants
3,713
Accounts w/ balance
4,966
Plan assets (EOY)
$2.0B
Net assets (EOY)
$2.0B
How this plan invests
This plan
1 pooled trust
Schedule D
30 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
98
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
88
Total plan cost
100
Vendor stack
100
Participation health
100
Knocking points off
- 16% of plan in employer / sponsor stock.
Helping the score
- Below-peer total fees (3 bps vs 5 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WEC ENERGY GROUP, INC..
Plan sponsor
Name
WEC ENERGY GROUP, INC.
EIN
39-1391525
Address
231 W. MICHIGAN STREET, P409 · MILWAUKEE, WI · 53203
Phone
(414) 221-3131
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
031
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-06-04
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
3H · Sponsor in controlled / affiliated group
2O · ESOP (non-leveraged)
2S · Automatic enrollment
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
CROWE, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $355K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| STRATEGIC ADVISORS, INC | 04-2654524 | — | ADVISOR | $270K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CROWE, LLP | 35-0921680 | — | N/A | $41K | — |
| ROBERT W. BAIRD & COMPANY | 39-6037917 | — | N/A | $14K | — |
| REINHART, BOERNER, VANDEUREN | 39-1126909 | — | N/A | $9K | — |
Investments
30 direct securities · 1 pooled fund· $3.9B(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Master Trust
$2.0B
1 holding
Uncategorized
$1.9B
29 holdings
Mutual Funds
$77.6M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| WEC ENERGY GROUP MASTER TRUST WEC ENERGY GROUP, INC. · EIN 04-3603774 / PN 001 | Master Trust | — | — | $2.0B | 98.7% | |
| Fidelity Growth Company F | — | — | — | $377.8M | 19.1% | |
| Company Common Stock Fund * WEC Energy Group ESOP Fund | — | — | — | $311.6M | 15.8% | |
| Fidelity 500 Index Fund | — | — | — | $213.1M | 10.8% | |
| Fidelity Freedom Income K 72 * MFS Value R6 | — | — | — | $103.4M | 5.2% | |
| Fidelity Freedom 2045 Comm Pool F | — | — | — | $91.9M | 4.6% | |
| Fidelity Freedom 2035 Comm Pool F | — | — | — | $82.9M | 4.2% | |
| s * Fidelity Balanced K | Mutual Funds | — | — | $77.6M | 3.9% | |
| FID US BOND IDX | — | — | — | $68.8M | 3.5% | |
| FID MID CAP IDX | — | — | — | $67.9M | 3.4% | |
| Blended Rate Income Fund | — | — | — | $65.4M | 3.3% | |
| Fidelity Freedom 2025 Comm Pool F | — | — | — | $51.6M | 2.6% | |
| FIMM Govt Institutional | — | — | — | $50.9M | 2.6% | |
| FID INTL INDEX | — | — | — | $43.9M | 2.2% | |
| Common Collective Trust Funds * Fidelity Diversified International A | — | — | — | $43.6M | 2.2% | |
| Fidelity Freedom 2030 Comm Pool F | — | — | — | $40.6M | 2.1% | |
| Fidelity Low-Priced Stock A | — | — | — | $39.2M | 2.0% | |
| Federated MDT SmallCap CORE Instl | — | — | — | $38.4M | 1.9% | |
| Fidelity Freedom 2040 Comm Pool F | — | — | — | $32.4M | 1.6% | |
| FID SM CAP IDX | — | — | — | $30.5M | 1.5% | |
| Fidelity Freedom 2050 Comm Pool F | — | — | — | $26.1M | 1.3% | |
| Fidelity Freedom 2055 Comm Pool F | — | — | — | $20.3M | 1.0% | |
| Fidelity Freedom 2060 Comm Pool F | — | — | — | $15.8M | 0.8% | |
| FID ST BOND IDX | — | — | — | $15.5M | 0.8% | |
| FID INFL PR BD IDX | — | — | — | $9.7M | 0.5% | |
| Fidelity Freedom 2020 Comm Pool F | — | — | — | $8.6M | 0.4% | |
| Virtus KAR International Small Cap R6 | — | — | — | $7.1M | 0.4% | |
| Fidelity Freedom 2065 Comm Pool F | — | — | — | $6.6M | 0.3% | |
| Fidelity Freedom Inc Comm Pool F | — | — | — | $5.1M | 0.3% | |
| Fidelity Freedom 2015 Comm Pool F | — | — | — | $3.2M | 0.2% | |
| Fidelity Freedom 2010 Comm Pool F | — | — | — | $2.8M | 0.1% |