Consumers Energy 401(k) match, vesting and fees
What Consumers Energy's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Inv Inst Oper Company, Inc | Schedule C ↗ |
| Independent auditor | Rehmann Robson LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 26 defined-contribution plans in utilities with 10,000 to 49,999 participants.
| Consumers Energy: employer contribution per participant | $9,259 | |
| Peer median | $4,320 |
| Consumers Energy: average balance | $285,344 | |
| Peer median | $255,382 |
| Consumers Energy: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $2.5B at the end of plan year 2023 to $2.9B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 23,741 | $2.9B | $92.6M | $9,259 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 26,482 | $2.5B | $91.4M | $8,584 | 0.03% | Not published | Form 5500 ↗ |
Other Consumers Energy plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Pension Plan B for Employees of Consumers Energy Company
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Invest Instit Oper Co | Schedule C ↗ |
| Independent auditor | Rehmann Robson LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Pension Plan a for Employees of Consumer Energy Company
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Invest Instit Oper Co | Schedule C ↗ |
| Independent auditor | Rehmann Robson LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Consumers Energy match 401(k) contributions?
The match terms for the Consumers Energy Company Employees' Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $92.6M in employer contributions, about $9,259 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Consumers Energy 401(k) match vested?
The vesting schedule for the Consumers Energy Company Employees' Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Consumers Energy 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Inv Inst Oper Company, Inc. The plan administrator is Consumers Energy Company.
I left Consumers Energy. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Consumers Energy Company, (517) 247-9634) or the recordkeeper, Fidelity Inv Inst Oper Company, Inc. The Consumers Energy old 401(k) page lists the contacts from every plan filing. Find an old Consumers Energy 401(k)
Data from the public Form 5500 annual reports Consumers Energy filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Consumers Energy. Not financial advice. Report a correction · Methodology