Defined Benefit (Pension) · DOL Form 5500 · 2024

Madison Gas and Electric Company Pension Plan

Data updated 2026-08-25

$279M
Total assets Near avg plan size
94
Participants Small participant base
96th
Percentile by assets National rank
$3.0M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Madison Gas and Electric Company Retirement Plan · Sponsored by Madison Gas and Electric Company · Wisconsin · Utilities

$279M in assets, 94 participants

Madison Gas and Electric Company's Madison Gas and Electric Company Retirement Plan reported $279M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #547 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Madison Gas and Electric Company Retirement Plan ranks #547 of 732 2024 filers by assets (192% of the sector average)-$279M for 94 participants.

#547
in Utilities (732 peers)
+4.3%
assets growth YoY
2.8×
vs typical plan assets (national mean)

Madison Gas and Electric Company Retirement Plan's outsized position by total assets

Madison Gas and Electric Company Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$279,047,843 Top 4% higher than 96% of 123,620 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 2024

Madison Gas and Electric Company Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison Gas and Electric Company Retirement Plan is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Madison Gas and Electric Company Retirement Plan reported net income fell from $21M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Madison Gas and Electric Company Retirement Plan reported participants fell from 103 in the plan year 2023 filing to 94 in the plan year 2024 filing.
  • Madison Gas and Electric Company Retirement Plan end-of-year assets rose from $267M in the plan year 2023 filing to $279M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 390444025 · Madison Gas and Electric Company PY 2024 · Defined Benefit (Pension)

Madison Gas and Electric Company Retirement Plan · $279M · 94 · 96th

  • PART $279M
  • TYPE 94
  • NET 96th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Cement Masons Southern California Pension Trust
  • BOY ind #547

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 in the asset neighbourhood

Jack in the Box Inc. Retirement PlanJack in the Box Inc. Retirem…$279MMadison Gas and Electric Company Retirement PlanMadison Gas and Electric Com…$279MCement Masons Southern California Pension TrustCement Masons Southern Calif…$279MSeafarers Officers and Employees Pension PlanSeafarers Officers and Emplo…$279MPension Plan Private Sanitation Union Local 813 IbtPension Plan Private Sanitat…$279M
End-of-year total assets ($M) among Madison Gas and Electric Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$267M
Net Assets (End of Year)$279M
Net Income$11M
Employer EIN390444025
Plan Effective Date1940-12-01
Filing StatusFILING 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
$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 Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Madison Gas and Electric Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 01234 Total assets ($B) Participants Madison Gas and Electric Company Retirement Plan, Total assets ($B): 0.279047843 · Participants: 94Madison Gas and Electric Company Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.531588718 · Participants: 10236Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.254287792 · Participants: 8254The Northwestern Mutual Employee Retirement PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.075823689 · Participants: 7653The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.851962731 · Participants: 1414Harley-Davidson Retirement PlanNorth Central States Regional Council of Carpenters Pension Fund, Total assets ($B): 1.83166949 · Participants: 5105North Central States Regional Council of Carpenters Pension Fund
Madison Gas and Electric Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Madison Gas and Electric Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Cement Masons Southern California Pension Trust in CA ($279M); by covered participants it is Rand-Whitney Retirement Plan for Members of Bargaining Units in MA (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Madison Gas and Electric Company Retirement Plan assets move in 2024?
Madison Gas and Electric Company Retirement Plan edged up modestly - up 4.3% during 2024, from $267M to $279M. Reported net income was $11M.
How have Madison Gas and Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Madison Gas and Electric Company's sponsor-wide assets grew 20.5%, from $704M to $848M.
Where does Madison Gas and Electric Company Retirement Plan rank by assets among Form 5500 filers?
Madison Gas and Electric Company Retirement Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Madison Gas and Electric Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons Southern California Pension Trust in CA ($279M, 2,398 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Madison Gas and Electric Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Rand-Whitney Retirement Plan for Members of Bargaining Units in MA (94 participants, $4M in assets).