401(k) · DOL Form 5500 · 2024

Madison Gas and Electric Company Retirement Savings Plan

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

$81M
Total assets
288
Participants
81th
Percentile by assets

Sponsored by Madison Gas and Electric Company · Wisconsin · Utilities

What the 2024 filing shows

Madison Gas and Electric Company Retirement Savings Plan holds $81M for 288 participants - about $280,739 per participant, in the top quartile of all filed plans by assets, up 19.6% over the 2024 plan year.

$81M
total plan assets (2024 EOY)
288
covered participants
81th
percentile by assets (of 67,083 plans)
$280,739
avg assets per participant
Total Assets (2023)
$81M
Participants
288
State
Industry
Utilities

What the Filing Says About Madison Gas and Electric Company Retirement Savings Plan

Madison Gas and Electric Company Retirement Savings Plan is a 401(k) retirement plan sponsored by Madison Gas and Electric Company, headquartered in Wisconsin. As of the 2024 Form 5500 filing, the plan reports $81M in total end-of-year assets and covers 288 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 390444025, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $68M at the beginning of 2024 to $81M at year-end - a gain of 19.6%. Net assets (after liabilities) closed the year at $81M, with reported net income of $13M 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)$68M
Total Assets (End of Year)$81M
Net Assets (End of Year)$81M
Net Income$13M
Plan Type401(k)
Employer EIN390444025
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Gas and Electric Company)

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.

Frequently Asked Questions

How much money is in the Madison Gas and Electric Company Retirement Savings Plan?
As of the 2024 Form 5500 filing, Madison Gas and Electric Company Retirement Savings Plan holds $81M in total assets with 288 participants. It is sponsored by Madison Gas and Electric Company.
What type of plan is Madison Gas and Electric Company Retirement Savings Plan?
Madison Gas and Electric Company Retirement Savings Plan is a 401(k) plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 390444025.
Who sponsors the Madison Gas and Electric Company Retirement Savings Plan?
Madison Gas and Electric Company Retirement Savings Plan is sponsored by Madison Gas and Electric Company, located in Wisconsin. The sponsor's EIN is 390444025 and the plan operates in the Utilities industry.
How did Madison Gas and Electric Company Retirement Savings Plan perform in 2024?
Madison Gas and Electric Company Retirement Savings Plan grew by 19.6% during 2024, moving from $68M to $81M in total assets. Net income was $13M.
Where can I find official filings for Madison Gas and Electric Company Retirement Savings Plan?
Official Form 5500 filings for Madison Gas and Electric Company Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 390444025 or plan name at efast.dol.gov.
How does Madison Gas and Electric Company Retirement Savings Plan compare to other plans?
You can compare Madison Gas and Electric Company Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Wisconsin on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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

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