Wec Energy Group 401(k) match, vesting and fees

Plan year 2025 filingWec Energy Group Employee Retirement Savings Plan · Plan 031 · EIN 39-1391525Updated Oct 2026

What Wec Energy Group's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $28.5M in employer contributions, about $5,622 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$429,462
Average account balance
5,193
Participants (end of year)
$2.2B
Plan assets (end of year)
0.04%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCrowe, LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 44 defined-contribution plans with 5,000 to 9,999 participants.

Wec Energy Group: employer contribution per participant$5,622
Peer median$2,742
Wec Energy Group: average balance$429,462
Peer median$91,210
Wec Energy Group: admin expenses ÷ assets0.04%
Peer median0.08%

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 $2.2B at the end of plan year 2021 to $2.2B at the end of plan year 2025.

$2.2B2021$1.7B2022$1.8B2023$2B2024$2.2B2025
End-of-year figures from each plan year's Form 5500 filing for the Wec Energy Group plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20255,193$2.2B$28.5M$5,6220.04%Not publishedForm 5500 ↗
20245,066$2B$25.9M$5,2110.04%Not publishedForm 5500 ↗
20235,038$1.8B$22.3M$4,5230.04%Not publishedForm 5500 ↗
20225,016$1.7B$19.7M$4,0500.04%Not publishedForm 5500 ↗
20214,896$2.2B$18.1M$3,8040.03%Not publishedForm 5500 ↗

Other Wec Energy Group plans (10)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Wec Energy Group Retirement Savings Plan

Plan 049 · EIN 39-1391525 · plan year 2025 filing
$386,884
Average account balance
4,875
Participants (end of year)
$1.9B
Plan assets (end of year)
0.04%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCrowe, LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Wec Energy Group Limited Retirement Savings Plan

Plan 050 · EIN 39-1391525 · plan year 2025 filing
$64,728
Average account balance
286
Participants (end of year)
$11.2M
Plan assets (end of year)
0.54%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCrowe, LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Wec Energy Group Retirement Account Plan

Plan 009 · EIN 39-1391525 · plan year 2025 filing
$245,236
Average account balance
5,267
Participants (end of year)
$1.3B
Plan assets (end of year)
0.13%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation

Plan 002 · EIN 39-1391525 · plan year 2025 filing
$343,381
Average account balance
2,166
Participants (end of year)
$744M
Plan assets (end of year)
0.11%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Wec Energy Group Retirement Plan for Pgl and Nsg

Plan 054 · EIN 39-1391525 · plan year 2025 filing
$295,235
Average account balance
1,017
Participants (end of year)
$300M
Plan assets (end of year)
0.16%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Wec Energy Group Retirement Plan for Michigan Gas Utilities Corporation

Plan 052 · EIN 39-1391525 · plan year 2025 filing
$165,672
Average account balance
351
Participants (end of year)
$58.2M
Plan assets (end of year)
0.36%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation

Plan 053 · EIN 39-1391525 · plan year 2025 filing
$154,396
Average account balance
303
Participants (end of year)
$46.8M
Plan assets (end of year)
0.43%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Wec Energy Group Legacy Retirement Account Plan

Plan 046 · EIN 39-1391525 · plan year 2025 filing
$112,269
Average account balance
1,236
Participants (end of year)
$139M
Plan assets (end of year)
0.29%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Wec Energy Group Retirement Plan for Wec Business Services

Plan 055 · EIN 39-1391525 · plan year 2025 filing
$332,970
Average account balance
571
Participants (end of year)
$190M
Plan assets (end of year)
0.14%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Wec Energy Group Retirement Plan for Integrys Holding

Plan 056 · EIN 39-1391525 · plan year 2025 filing
$168,673
Average account balance
211
Participants (end of year)
$35.6M
Plan assets (end of year)
0.42%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Common questions

Does Wec Energy Group match 401(k) contributions?

The match terms for the Wec Energy Group Employee Retirement Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $28.5M in employer contributions, about $5,622 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Wec Energy Group 401(k) match vested?

The vesting schedule for the Wec Energy Group Employee Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Wec Energy Group 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Wec Energy Group, Inc..

I left Wec Energy Group. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Wec Energy Group, Inc., (414) 221-3131) or the recordkeeper, Fidelity Investments Institutional. The Wec Energy Group old 401(k) page lists the contacts from every plan filing. Find an old Wec Energy Group 401(k)

Data from the public Form 5500 annual reports Wec Energy Group filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Wec Energy Group. Not financial advice. Report a correction · Methodology