Defined Benefit (Pension) · DOL Form 5500 · 2022
Midamerican Energy Company Pension Plan
Data updated 2026-08-11
- $490M
- Total assets
- 3,321
- Participants
- 98th
- Percentile by assets
- $147,585
- Avg per participant
Official DOL plan name: Midamerican Energy Company Retirement Plan · Sponsored by Midamerican Energy Company · Iowa · Utilities
$490M in assets, 3,321 participants
Midamerican Energy Company's Midamerican Energy Company Retirement Plan reported $490M in total assets and 3,321 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #617 in Utilities (738 peers)
Coverage in Iowa
Midamerican Energy Company Retirement Plan covers 3,321 participants in Iowa, 5.5x the typical Iowa plan (state average ~609 per filing). Assets: $490M.
- $490M
- total plan assets (2022 EOY)
- 3,321
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $147,585
- avg assets per participant
The plan reported a net loss of $213M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Midamerican Energy Company Retirement Plan reports 3,321 participants - 5.5x that state average ($490M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $704M |
|---|---|
| Net Assets (End of Year) | $490M |
| Net Income | -$213M |
| Employer EIN | 421425214 |
| Plan Effective Date | 1980-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Midamerican Energy Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 8,307 | $1.8B |
| 2023 | 2 | 8,058 | $2.2B |
| 2024 | 10 | 49,803 | $12.0B |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Midamerican Energy Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
- Transamerica Pension Plan $2.2B · 6,789
- Principal Cash Balance Plan $1.5B · 11,788
- Employers Mutual Casualty Company Retirement Plan $321M · 2,037
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $287M · 1,641
- Fbl Financial Group Retirement Plan $262M · 666
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Midamerican Energy Company Retirement Plan by total assets, not by location.
- Will County Local 174 Carpenters Pension Fund (IL) $490M · 1,076
- Tyco Electronics Pension Plan (PA) $490M · 698
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Florida Inc. (FL) $489M · 2,524
- Sidley Austin LLP Cash Balance Retirement Plan for Partners (IL) $489M · 616
Frequently Asked Questions
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Where does Midamerican Energy Company Retirement Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Midamerican Energy Company Retirement Plan's numbers.
- By total assets, Midamerican Energy Company Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Iowa. Compare plans
- Midamerican Energy Company's sponsor-wide assets have grown 575.6% since 2022 across 3 plan years on file. More Utilities plans