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Original filing (PDF)20250806052017NAL0002456241001
WEC ENERGY GROUP, INC.
Form 5500
FILING_RECEIVED
WEC ENERGY GROUP WELFARE PLAN
Health & welfare plan
Signals · 3
100% in single holding~6492 bps in Sched C feesNo recordkeeper disclosed
Active participants
7,063
Accounts w/ balance
—
Plan assets (EOY)
$8.1M
Net assets (EOY)
$7.7M
How this plan invests
This plan
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "MFB NORTHERN INSTL FDS GOVT PORTFOLIO CL A" is 100% of plan.
- 6492 bps in Schedule C fees — 12385% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
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
504
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-08-06
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4H · Long-Term Disability
4L · Death Benefits (other than life insurance)
4E · Vision
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsOther
4| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UNITEDHEALTHCARE | 41-1321939 | — | NONE | $3.9M | — |
| EXPRESS SCRIPTS | 22-3461740 | — | NONE | $702K | — |
| BSWIFT, LLC | 36-4391310 | — | NONE | $582K | — |
| DELTA DENTAL OF WISCONSIN | 39-6094742 | — | NONE | $111K | — |
Investments
1 direct security· $7.5M(93% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MFB NORTHERN INSTL FDS GOVT PORTFOLIO CL A | — | — | $7.5M | $7.5M | 93.0% |
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