401(k) · DOL Form 5500 · 2023

Madison Gas & Electric Company 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
224
Participants Below avg headcount
83rd
Percentile by assets National rank
$172,709
Avg per participant Above avg balance/head
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Official DOL plan name: Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees · Sponsored by Madison Gas & Electric Company · Wisconsin · Utilities

$39M in assets, 224 participants

Madison Gas & Electric Company's Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees reported $39M in total assets and 224 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #342 in Utilities (721 peers)

Coverage in Wisconsin

Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees covers 224 participants in Wisconsin, about 40% of the average Wisconsin filer (state average ~563 per filing). Assets: $39M.

#342
in Utilities (721 peers)
+28.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees's outsized position by total assets

Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$38,686,925 Top 17% higher than 83% of 127,068 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 2023

Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees reported net income rose from -$2M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees end-of-year assets rose from $30M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees reported participants rose from 212 in the plan year 2022 filing to 224 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 390444025 · Madison Gas & Electric Company PY 2023 · 401(k)

Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees · $39M · 224 · 83rd

  • PART $39M
  • PART 224
  • PART 83rd
  • PART 401(k)
  • PART near Baltimore Orioles Limited Partnership Profit Sharing & Savings Plan
  • PART ind #342

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 Savings Plan for Bargaining Employees in the asset neighbourhood

Madison Gas & Electric Company Retirement Savings Plan for Bargaining EmployeesMadison Gas & Electric Compa…$39MBaltimore Orioles Limited Partnership Profit Sharing & Savings PlanBaltimore Orioles Limited Pa…$39MPci Energy Solutions a.K.a. Power Costs, Inc. 401(k) PlanPci Energy Solutions a.K.a. …$39MWave 401(k) Plan$39MSnowbird Employee Retirement Savings PlanSnowbird Employee Retirement…$39M
End-of-year total assets ($M) among Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$39M
Net Income$10M
Employer EIN390444025
Plan Effective Date2007-01-01
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 401(k) Plans in Wisconsin

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

Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees, Total assets ($B): 0.038686925 · Participants: 224Madison Gas & Electric Company Retirement Savings Plan for Bargaining EmployeesAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees vs. nearby 401(k) plans in Wisconsin, assets vs. participants

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

Outside Wisconsin, the nearest 401(k) by assets is Baltimore Orioles Limited Partnership Profit Sharing & Savings Plan in MD ($39M); by covered participants it is Egomotion Corp. 401(k) Plan in CA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 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.

Frequently Asked Questions

How did Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees assets move in 2023?
Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees grew sharply - up 28.7% during 2023, from $30M to $39M. Reported net income was $10M.
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 Savings Plan for Bargaining Employees rank by assets among Form 5500 filers?
Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees?
Among 401(k) plans in other states, the closest by assets is Baltimore Orioles Limited Partnership Profit Sharing & Savings Plan in MD ($39M, 586 participants).
Which 401(k) plans cover a similar participant headcount to Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees?
Among 401(k) plans in other states, the closest by covered participants is Egomotion Corp. 401(k) Plan in CA (224 participants, $4M in assets).