401(k) · DOL Form 5500 · 2023
Midamerican Energy Company 401(k) Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 5,056
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $337,308
- Avg per participant High balance/head
Official DOL plan name: Midamerican Energy Company Retirement Savings Plan · Sponsored by Midamerican Energy Company · Iowa · Utilities
$1.7B in assets, 5,056 participants
Midamerican Energy Company's Midamerican Energy Company Retirement Savings Plan reported $1.7B in total assets and 5,056 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #669 in Utilities (721 peers)
Coverage in Iowa
Midamerican Energy Company Retirement Savings Plan covers 5,056 participants in Iowa, 8.3x the typical Iowa plan (state average ~609 per filing). Assets: $1.7B.
- #669
- in Utilities (721 peers)
- +32.6%
- assets growth YoY
- 17×
- vs typical plan assets (national mean)
Midamerican Energy Company Retirement Savings Plan's outsized position by total assets
Midamerican Energy Company Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,705,430,338 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Midamerican Energy Company Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midamerican Energy Company Retirement Savings Plan lands in the large band (5,056 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Midamerican Energy Company Retirement Savings Plan reported net income rose from -$302M in the plan year 2022 filing to $282M in the plan year 2023 filing.
- Midamerican Energy Company Retirement Savings Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
- Midamerican Energy Company Retirement Savings Plan reported participants rose from 4,986 in the plan year 2022 filing to 5,056 in the plan year 2023 filing.
DOL schedule card
Filing strip 421425214 · Midamerican Energy Company PY 2023 · 401(k)
Midamerican Energy Company Retirement Savings Plan · $1.7B · 5,056 · 99th
- EBSA $1.7B
- PART 5,056
- TYPE 99th
- NET 401(k)
- BOOK near Brunswick Rewards Plan
- VS-ST ind #669
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 Iowa →
Midamerican Energy Company Retirement Savings Plan in the asset neighbourhood
Iowa filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | $282M |
| Employer EIN | 421425214 |
| Plan Effective Date | 1976-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Midamerican Energy Company)
Sponsor-wide plan assets over time
All Midamerican Energy Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $12.0B 575.5536742641146% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 8,307 | $1.8B |
| 2023 | 2 | 8,058 | $2.2B |
| 2024 | 10 | 49,803 | $12.0B |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Principal Select Savings Plan $4.1B · 12,827
- Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
- The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
- The Rsm US LLP Retirement Plan $2.9B · 14,720
- Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999
Scale composition for Midamerican Energy Company Retirement Savings Plan
Midamerican Energy Company Retirement Savings Plan reports $1.7B in end-of-year assets across 5,056 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $337,308 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2023 was $282M.
This plan identity (EIN 421425214, plan #002) has 11 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $2.0B (+54.3%) while covered participants moved from 4,986 to 6,813 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,986 | $1.3B | Open filing |
| 2023 | 5,056 | $1.7B | This page |
| 2024 | 5,055 | $1.4B | Open filing |
| 2024 | 4,976 | $1.1B | Open filing |
| 2024 | 4,964 | $1.6B | Open filing |
| 2024 | 5,056 | $1.0B | Open filing |
| 2024 | 5,086 | $964M | Open filing |
| 2024 | 5,052 | $1.3B | Open filing |
| 2024 | 5,020 | $1.0B | Open filing |
| 2024 | 4,976 | $1.1B | Open filing |
| 2024 · index core | 6,813 | $2.0B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Midamerican Energy Company Retirement Savings Plan (401(k), $2.0B, 6,813 participants)
- Midamerican Energy Company Retirement Plan (Defined Benefit (Pension), $521M, 2,805 participants)
Midamerican Energy Company Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Iowa, the nearest 401(k) by assets is Brunswick Rewards Plan in IL ($1.7B); by covered participants it is Crowe LLP Retirement Plan in IN (5,058 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- Brunswick Rewards Plan (IL) $1.7B · 9,824
- Rolls Royce North America 401(k) Savings Plan (VA) $1.7B · 3,256
- Ebay Inc. 401(k) Savings Plan (CA) $1.7B · 6,880
- Newell Brands Employee Savings Plan (GA) $1.7B · 15,115
Similar participant headcount
Nearest other-state filings by covered participants (5,056 participants); asset peers above are excluded.
- Crowe LLP Retirement Plan (IN) 5,058 · 2 off
- Trueblue, Inc. 401(k) Plan (WA) 5,063 · 7 off
- Hibbett, Inc. 401(k) Profit Sharing Plan (AL) 5,044 · 12 off
- Saltchuk Companies 401(k) Plan (WA) 5,042 · 14 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.