Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MIDAMERICAN ENERGY COMPANY

This Defined Benefit (Pension) plan holds $516M in total assets and serves 3,002 participants as of 2023. It is sponsored by MIDAMERICAN ENERGY COMPANY in Iowa. The plan reported positive net income of $26M for the year.

Total Assets (2023)
$516M
Participants
3,002
State
Industry
Utilities

What the Filing Says About MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN

MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by MIDAMERICAN ENERGY COMPANY, headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports $516M in total end-of-year assets and covers 3,002 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 421425214, and the plan has been effective since 1980-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $490M at the beginning of 2023 to $516M at year-end — a gain of 5.3%. Net assets (after liabilities) closed the year at $516M, with reported net income of $26M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$490M
Total Assets (End of Year)$516M
Net Assets (End of Year)$516M
Net Income$26M
Plan TypeDefined Benefit (Pension)
Employer EIN421425214
Plan Effective Date1980-01-01
Filing StatusFILING 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.

Frequently Asked Questions

How much money is in the MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN?
As of the 2023 Form 5500 filing, MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN holds $516M in total assets with 3,002 participants. It is sponsored by MIDAMERICAN ENERGY COMPANY.
What type of plan is MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN?
MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN is a Defined Benefit (Pension) plan. It has been effective since 1980-01-01. The plan is filed with the U.S. Department of Labor under EIN 421425214.
Who sponsors the MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN?
MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN is sponsored by MIDAMERICAN ENERGY COMPANY, located in Iowa. The sponsor's EIN is 421425214 and the plan operates in the Utilities industry.
How did MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN perform in 2023?
MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN grew by 5.3% during 2023, moving from $490M to $516M in total assets. Net income was $26M.
Where can I find official filings for MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN?
Official Form 5500 filings for MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421425214 or plan name at efast.dol.gov.
How does MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN compare to other plans?
You can compare MIDAMERICAN ENERGY COMPANY RETIREMENT PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 421425214.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.