Defined Benefit (Pension) · DOL Form 5500 · 2023
Madison Gas and Electric Company Pension Plan
Data updated 2026-08-25
- $174M
- Total assets Near avg plan size
- 98
- Participants Small participant base
- 94th
- Percentile by assets National rank
- $1.8M
- Avg per participant High balance/head
Official DOL plan name: Madison Gas and Electric Company Retirement Plan for Bargaining Employees · Sponsored by Madison Gas and Electric Company · Wisconsin · Utilities
$174M in assets, 98 participants
Madison Gas and Electric Company's Madison Gas and Electric Company Retirement Plan for Bargaining Employees reported $174M in total assets and 98 participants in its 2023 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.
- #496 in Utilities (721 peers)
Utilities sector rank
Within Utilities, Madison Gas and Electric Company Retirement Plan for Bargaining Employees ranks #496 of 721 2023 filers by assets (308% of the sector average)-$174M for 98 participants.
- #496
- in Utilities (721 peers)
- +9.0%
- assets growth YoY
- 1.8×
- vs typical plan assets (national mean)
Madison Gas and Electric Company Retirement Plan for Bargaining Employees's outsized position by total assets
Madison Gas and Electric Company Retirement Plan for Bargaining Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$174,475,023 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Madison Gas and Electric Company Retirement Plan for Bargaining Employees among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison Gas and Electric Company Retirement Plan for Bargaining Employees is a small filing (98 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Madison Gas and Electric Company Retirement Plan for Bargaining Employees reported net income rose from -$45M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Madison Gas and Electric Company Retirement Plan for Bargaining Employees reported participants fell from 108 in the plan year 2022 filing to 98 in the plan year 2023 filing.
- Madison Gas and Electric Company Retirement Plan for Bargaining Employees end-of-year assets rose from $160M in the plan year 2022 filing to $174M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 390444025 · Madison Gas and Electric Company PY 2023 · Defined Benefit (Pension)
Madison Gas and Electric Company Retirement Plan for Bargaining Employees · $174M · 98 · 94th
- PCT $174M
- EIN 98
- RANK 94th
- PHOTO Defined Benefit (Pension)
- IND near San Mateo Hotel Employees & Restaurant Employees Pension Fund
- EOY ind #496
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 and Electric Company Retirement Plan for Bargaining Employees in the asset neighbourhood
Utilities filing particulars
| Total Assets (Beginning of Year) | $160M |
|---|---|
| Net Assets (End of Year) | $174M |
| Net Income | $14M |
| Employer EIN | 390444025 |
| Plan Effective Date | 1940-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Madison Gas and Electric Company)
Sponsor-wide plan assets over time
All Madison Gas and Electric Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $848M 20.488829943297915% vs 2022
- 2024 filing year
| 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.
- The Northwestern Mutual Employee Retirement Plan $3.3B · 8,348
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.3B · 9,960
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,368
- Harley-Davidson Retirement Plan $1.9B · 1,560
- Rockwell Automation Pension Plan $1.8B · 2,136
Madison Gas and Electric Company Retirement Plan for Bargaining Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is San Mateo Hotel Employees & Restaurant Employees Pension Fund in CA ($174M); by covered participants it is Link-Belt Construction Equipment Company Employees' Retirement Plan in KY (98 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($174M here).
- San Mateo Hotel Employees & Restaurant Employees Pension Fund (CA) $174M · 3,839
- Retirement Plan for Employees of Cullen/Frost Bankers, Inc. & Its Affiliates (TX) $175M · 592
- Pension Plan for Employees of Central Service Association (MS) $175M · 450
- Cf Industries Holdings, Inc. Pension Plan (IL) $174M · 2,026
Similar participant headcount
Nearest other-state filings by covered participants (98 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.