Defined Benefit (Pension) · DOL Form 5500 · 2024

Madison Gas and Electric Company Retirement Plan

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

$279M
Total assets
94
Participants
92th
Percentile by assets

Sponsored by Madison Gas and Electric Company · Wisconsin · Utilities

What the 2024 filing shows

Madison Gas and Electric Company Retirement Plan holds $279M for 94 participants - about $3.0M per participant, in the top 10% of all filed plans by assets, up 4.3% over the 2024 plan year.

$279M
total plan assets (2024 EOY)
94
covered participants
92th
percentile by assets (of 67,083 plans)
$3.0M
avg assets per participant
Total Assets (2023)
$279M
Participants
94
State
Industry
Utilities

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

Madison Gas and Electric Company Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Madison Gas and Electric Company, headquartered in Wisconsin. As of the 2024 Form 5500 filing, the plan reports $279M in total end-of-year assets and covers 94 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 1940-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $267M at the beginning of 2024 to $279M at year-end - a gain of 4.3%. Net assets (after liabilities) closed the year at $279M, with reported net income of $11M 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)$267M
Total Assets (End of Year)$279M
Net Assets (End of Year)$279M
Net Income$11M
Plan TypeDefined Benefit (Pension)
Employer EIN390444025
Plan Effective Date1940-12-01
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 Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) 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 Plan?
As of the 2024 Form 5500 filing, Madison Gas and Electric Company Retirement Plan holds $279M in total assets with 94 participants. It is sponsored by Madison Gas and Electric Company.
What type of plan is Madison Gas and Electric Company Retirement Plan?
Madison Gas and Electric Company Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1940-12-01. The plan is filed with the U.S. Department of Labor under EIN 390444025.
Who sponsors the Madison Gas and Electric Company Retirement Plan?
Madison Gas and Electric Company Retirement 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 Plan perform in 2024?
Madison Gas and Electric Company Retirement Plan grew by 4.3% during 2024, moving from $267M to $279M in total assets. Net income was $11M.
Where can I find official filings for Madison Gas and Electric Company Retirement Plan?
Official Form 5500 filings for Madison Gas and Electric Company Retirement 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 Plan compare to other plans?
You can compare Madison Gas and Electric Company Retirement Plan against other Defined Benefit (Pension) 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.