Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
CONSUMERS ENERGY COMPANY
EIN 38-0442310utilitiesLatest filing 2024
Plans
7
Retirement
3
$6.19B assets
Welfare
4
$2.4M premiums
Participants
57,513
ONE ENERGY PLAZA - JACKSON, MI 492012276517-247-9634consumersenergy.comLinkedIn5001-10000 employeesutilities
Retirement portfolio analytics
3 plans aggregated / $6.19B assets / 33,766 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
54%top
- FIDELITY INVESTMENTS INSTITUTIONAL54%
- (Not disclosed)46%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
4 plans / $2.4M premiums / 15,804 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$1.0M
- Long-term disability$786K
- Life$529K
Carrier market share
Premium dollars by Schedule A carrier
76%top
- LIFE INSURANCE COMPANY OF NORTH AMERICA76%
- HARTFORD LIFE AND ACCIDENT22%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY1%
- SPRING HEALTH1%
Broker market share
Schedule A broker compensation
100%top
- WILLIS TOWERS WATSON US LLC100%
- MERCER HEALTH AND BENEFITS, LLC0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
CONSUMERS ENERGY COMPANY EMPLOYEES' SAVINGS PLAN
401k
Assets$2.85B
Participants23,741
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
PENSION PLAN A FOR EMPLOYEES OF CONSUMER ENERGY COMPANY
CashBalance
Assets$1.94B
Participants2,756
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
PENSION PLAN B FOR EMPLOYEES OF CONSUMERS ENERGY COMPANY
CashBalance
Assets$1.40B
Participants7,269
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#518
GROUP MEDICAL PLAN FOR ACTIVE EMPLOYEES
Mixed - LIFE INSURANCE COMPANY OF NORTH AMERICA
Premiums$2.4M
Covered lives15,804
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
RETIRED EMPLOYEES GROUP TERM LIFE INSURANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#510
GROUP HEALTH CARE PLAN FOR RETIRED EMPLOYEES
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#516
SEPARATION ALLOWANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | CONSUMERS ENERGY COMPANY EMPLOYEES' SAVINGS PLAN | 401k | $2.85B | 23,741 | 2024 | |
| 004 | PENSION PLAN A FOR EMPLOYEES OF CONSUMER ENERGY COMPANY | CashBalance | $1.94B | 2,756 | 2024 | |
| 001 | PENSION PLAN B FOR EMPLOYEES OF CONSUMERS ENERGY COMPANY | CashBalance | $1.40B | 7,269 | 2024 |
Welfare plans4
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 518 | GROUP MEDICAL PLAN FOR ACTIVE EMPLOYEES | Mixed | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2.4M | 15,804 | 2024 | |
| 502 | RETIRED EMPLOYEES GROUP TERM LIFE INSURANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 510 | GROUP HEALTH CARE PLAN FOR RETIRED EMPLOYEES | Self Funded | - | $0 | 0 | 2024 | |
| 516 | SEPARATION ALLOWANCE PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans