Defined Benefit (Pension) · DOL Form 5500 · 2022

Madison Gas & Electric Company Pension Plan

Data updated 2026-08-25

$246M
Total assets Near avg plan size
125
Participants Small participant base
96th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: Madison Gas & Electric Company Retirement Plan · Sponsored by Madison Gas & Electric Company · Wisconsin · Utilities

$246M in assets, 125 participants

Madison Gas & Electric Company's Madison Gas & Electric Company Retirement Plan reported $246M in total assets and 125 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #561 in Utilities (738 peers)

Coverage in Wisconsin

Madison Gas & Electric Company Retirement Plan covers 125 participants in Wisconsin, about 22% of the average Wisconsin filer (state average ~563 per filing). Assets: $246M.

#561
in Utilities (738 peers)
-22.5%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $71M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Madison Gas & Electric Company Retirement Plan's outsized position by total assets

Madison Gas & Electric Company Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$246,412,490 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Madison Gas & Electric Company Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison Gas & Electric Company Retirement Plan sits mid-pack in the medium band (125 participants).

Published 5500 schedule card

Filing strip 390444025 · Madison Gas & Electric Company PY 2022 · Defined Benefit (Pension)

Madison Gas & Electric Company Retirement Plan · $246M · 125 · 96th

  • EIN $246M
  • RANK 125
  • PHOTO 96th
  • IND Defined Benefit (Pension)
  • EOY near Asbestos Workers Philadelphia Pension Fund
  • 5500 ind #561

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Wisconsin →

Madison Gas & Electric Company Retirement Plan in the asset neighbourhood

Central Bancompany Retirement PlanCentral Bancompany Retiremen…$247MMadison Gas & Electric Company Retirement PlanMadison Gas & Electric Compa…$246MAsbestos Workers Philadelphia Pension FundAsbestos Workers Philadelphi…$246MAlaska Airlines, Inc., Retirement Plan for Mechanics & Related Crafts EmployeesAlaska Airlines, Inc., Retir…$246MPackaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$246M
End-of-year total assets ($M) among Madison Gas & Electric Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Wisconsin filing particulars

Total Assets (Beginning of Year)$318M
Net Assets (End of Year)$246M
Net Income-$71M
Employer EIN390444025
Plan Effective Date1940-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Gas & Electric Company)

Sponsor-wide plan assets over time

All Madison Gas & Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$848M 20.488829943297915% vs 2022
2024 filing year
$650M$700M$750M$800M$850M$900M 202220232024 $704M $848M ▲ +20.5%
Year Plans Participants Total Assets
2022 6 934 $704M
2023 6 897 $785M
2024 6 882 $848M

Nearby Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Madison Gas & Electric Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 01234 Total assets ($B) Participants Madison Gas & Electric Company Retirement Plan, Total assets ($B): 0.24641249 · Participants: 125Madison Gas & Electric Company Retirement PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.074208374 · Participants: 7377The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 2.951985172 · Participants: 9724Building Trades United Pension Trust Fund Milwaukee and VicinityRockwell Automation Pension Plan, Total assets ($B): 2.144532065 · Participants: 3077Rockwell Automation Pension PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 1.927367772 · Participants: 7278The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.826706645 · Participants: 1744Harley-Davidson Retirement Plan
Madison Gas & Electric Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Madison Gas & Electric Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Asbestos Workers Philadelphia Pension Fund in PA ($246M); by covered participants it is Duncan Employees Security Plan in IN (125 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Madison Gas & Electric Company Retirement Plan assets move in 2022?
Madison Gas & Electric Company Retirement Plan declined sharply - down 22.5% during 2022, from $318M to $246M. Reported net income was -$71M.
How have Madison Gas & Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Madison Gas & Electric Company's sponsor-wide assets grew 20.5%, from $704M to $848M.
Where does Madison Gas & Electric Company Retirement Plan rank by assets among Form 5500 filers?
Madison Gas & Electric Company Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Madison Gas & Electric Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Asbestos Workers Philadelphia Pension Fund in PA ($246M, 471 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Madison Gas & Electric Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Duncan Employees Security Plan in IN (125 participants, $8M in assets).