Wec Energy Group, Inc. 401(k) Plan: Login, Facts & Contact Information
Wec Energy Group, Inc. 401(k) Login
1,143 former Wec Energy Group, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Wec Energy Group, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jun 4, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $79.1 million went into the plan in contributions, $25.9 million of it from the employer (33%).
- $229.9 million was paid out to participants.
- Investment and other income added $309.1 million.
- Administrative expenses were $690,000, about $139 per account.
How the Wec Energy Group, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 5,251 | $1.85 billion | $17.1 million | $191.2 million |
| 2020 | 5,108 | $2.03 billion | $17.8 million | $200.8 million |
| 2021 | 4,904 | $2.15 billion | $18.1 million | $233.2 million |
| 2022 | 4,896 | $1.69 billion | $19.7 million | $200.2 million |
| 2023 | 5,016 | $1.82 billion | $22.3 million | $190.3 million |
| 2024 | 5,038 | $1.98 billion | $25.9 million | $229.9 million |
Wec Energy Group, Inc. 401(k) Contact Information
Questions about the Wec Energy Group, Inc. 401(k)
Does Wec Energy Group, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $25.9 million, 33% of all contributions.
Does the Wec Energy Group, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Wec Energy Group, Inc 401(k) plan?
5,038 participants at the start of plan year 2024, 3,713 of them active employees, and 1,143 former employees who still had money in the plan.
What is the average 401(k) balance at Wec Energy Group, Inc?
About $398,286 per account: $1.98 billion in plan assets across 4,966 accounts with a balance at the end of plan year 2024.
Who manages the Wec Energy Group, Inc 401(k) accounts?
Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Wec Energy Group, Inc. How do I access my 401(k)?
Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.