401(k) · DOL Form 5500 · 2022

Madison Gas & Electric Company 401(k) Plan

Data updated 2026-08-25

$139M
Total assets Near avg plan size
126
Participants Small participant base
94th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Madison Gas & Electric Company 401(k) Retirement Accumulation Plan · Sponsored by Madison Gas & Electric Company · Wisconsin · Utilities

$139M in assets, 126 participants

Madison Gas & Electric Company's Madison Gas & Electric Company 401(k) Retirement Accumulation Plan reported $139M in total assets and 126 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #505 in Utilities (738 peers)

Coverage in Wisconsin

Madison Gas & Electric Company 401(k) Retirement Accumulation Plan covers 126 participants in Wisconsin, about 22% of the average Wisconsin filer (state average ~563 per filing). Assets: $139M.

#505
in Utilities (738 peers)
-24.3%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Madison Gas & Electric Company 401(k) Retirement Accumulation Plan's outsized position by total assets

Madison Gas & Electric Company 401(k) Retirement Accumulation Plan vs every filed plan by assets

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

$139,477,371 Top 6% higher than 94% 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 401(k) Retirement Accumulation 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 401(k) Retirement Accumulation Plan sits mid-pack in the medium band (126 participants).

EBSA filing schedule strip

Filing strip 390444025 · Madison Gas & Electric Company PY 2022 · 401(k)

Madison Gas & Electric Company 401(k) Retirement Accumulation Plan · $139M · 126 · 94th

  • PHOTO $139M
  • PHOTO 126
  • PHOTO 94th
  • PHOTO 401(k)
  • PHOTO near Rubicon LLC Savings Plan for Salaried Employees
  • PHOTO ind #505

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 401(k) Retirement Accumulation Plan in the asset neighbourhood

401(k) Profit Sharing Plan of Charlotte Eye, Ear, Nose & Throat Associates, P. a.401(k) Profit Sharing Plan o…$140MMadison Gas & Electric Company 401(k) Retirement Accumulation PlanMadison Gas & Electric Compa…$139MRubicon LLC Savings Plan for Salaried EmployeesRubicon LLC Savings Plan for…$139MCts Corporation Retirement Savings PlanCts Corporation Retirement S…$139MMavenir Systems, Inc. 401(k) Retirement PlanMavenir Systems, Inc. 401(k)…$139M
End-of-year total assets ($M) among Madison Gas & Electric Company 401(k) Retirement Accumulation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Wisconsin filing particulars

Total Assets (Beginning of Year)$184M
Net Assets (End of Year)$139M
Net Income-$45M
Employer EIN390444025
Plan Effective Date1985-12-31
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 401(k) Plans in Wisconsin

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Madison Gas & Electric Company 401(k) Retirement Accumulation Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Madison Gas & Electric Company 401(k) Retirement Accumulation Plan, Total assets ($B): 0.139477371 · Participants: 126Madison Gas & Electric Company 401(k) Retirement Accumulation PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
Madison Gas & Electric Company 401(k) Retirement Accumulation Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Madison Gas & Electric Company 401(k) Retirement Accumulation Plan side-by-side with 3 peers →

Madison Gas & Electric Company 401(k) Retirement Accumulation Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Rubicon LLC Savings Plan for Salaried Employees in LA ($139M); by covered participants it is Texas Citizens Bank, N. a. 401(k) Plan in TX (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 participants); asset peers above are excluded.

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 401(k) Retirement Accumulation Plan assets move in 2022? ▼
Madison Gas & Electric Company 401(k) Retirement Accumulation Plan declined sharply - down 24.3% during 2022, from $184M to $139M. Reported net income was -$45M.
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 401(k) Retirement Accumulation Plan rank by assets among Form 5500 filers? ▼
Madison Gas & Electric Company 401(k) Retirement Accumulation Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Madison Gas & Electric Company 401(k) Retirement Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rubicon LLC Savings Plan for Salaried Employees in LA ($139M, 472 participants).
Which 401(k) plans cover a similar participant headcount to Madison Gas & Electric Company 401(k) Retirement Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Citizens Bank, N. a. 401(k) Plan in TX (126 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 390444025.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.