Defined Benefit (Pension) · DOL Form 5500 · 2024

Midamerican Energy Company Pension Plan

Data updated 2026-08-25

$521M
Total assets Above avg plan size
2,805
Participants Above avg headcount
97th
Percentile by assets National rank
$185,859
Avg per participant Above avg balance/head
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Official DOL plan name: Midamerican Energy Company Retirement Plan · Sponsored by Midamerican Energy Company · Iowa · Utilities

$521M in assets, 2,805 participants

Midamerican Energy Company's Midamerican Energy Company Retirement Plan reported $521M in total assets and 2,805 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #596 in Utilities (732 peers)

Coverage in Iowa

Midamerican Energy Company Retirement Plan covers 2,805 participants in Iowa, 4.6x the typical Iowa plan (state average ~609 per filing). Assets: $521M.

#596
in Utilities (732 peers)
+1.0%
assets growth YoY
5.2×
vs typical plan assets (national mean)

Midamerican Energy Company Retirement Plan's outsized position by total assets

Midamerican Energy Company Retirement Plan vs every filed plan by assets

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

$521,334,295 Top 3% higher than 97% 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

Midamerican Energy Company Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midamerican Energy Company Retirement Plan lands in the large band (2,805 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midamerican Energy Company Retirement Plan reported net income fell from $26M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Midamerican Energy Company Retirement Plan reported participants fell from 3,002 in the plan year 2023 filing to 2,805 in the plan year 2024 filing.
  • Midamerican Energy Company Retirement Plan end-of-year assets rose from $516M in the plan year 2023 filing to $521M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 421425214 · Midamerican Energy Company PY 2024 · Defined Benefit (Pension)

Midamerican Energy Company Retirement Plan · $521M · 2,805 · 97th

  • SCH $521M
  • SCH 2,805
  • SCH 97th
  • SCH Defined Benefit (Pension)
  • SCH near Brewery Conference/Anheuser-Busch Defined Benefit Pension Plan
  • SCH ind #596

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 Plan in the asset neighbourhood

Midamerican Energy Company Retirement PlanMidamerican Energy Company R…$521MBrewery Conference/Anheuser-Busch Defined Benefit Pension PlanBrewery Conference/Anheuser-…$521MMcKinsey & Company, Inc. Partner Cash Balance PlanMcKinsey & Company, Inc. Par…$521MKaman Corporation Employees' Pension PlanKaman Corporation Employees'…$521MNysut Employees Retirement PlanNysut Employees Retirement P…$520M
End-of-year total assets ($M) among Midamerican Energy Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$516M
Net Assets (End of Year)$521M
Net Income$5M
Employer EIN421425214
Plan Effective Date1980-01-01
Filing StatusFILING 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
$0B$5B$10B$15B 202220232024 $1.78B $12B ▲ +574.2%
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.

Midamerican Energy Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.522.5 Total assets ($B) Participants Midamerican Energy Company Retirement Plan, Total assets ($B): 0.521334295 · Participants: 2805Midamerican Energy Company Retirement PlanTransamerica Pension Plan, Total assets ($B): 2.198965485 · Participants: 7170Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.466387124 · Participants: 11945Principal Cash Balance PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.361826911 · Participants: 1908Employers Mutual Casualty Company Retirement PlanPension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust, Total assets ($B): 0.330986539 · Participants: 1233Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement TrustFbl Financial Group Retirement Plan, Total assets ($B): 0.253600654 · Participants: 533Fbl Financial Group Retirement Plan
Midamerican Energy Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Midamerican Energy Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Brewery Conference/Anheuser-Busch Defined Benefit Pension Plan in MO ($521M); by covered participants it is Basf Corporation Salaried Employees' Pension Plan in NJ (2,805 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,805 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 Midamerican Energy Company Retirement Plan assets move in 2024?
Midamerican Energy Company Retirement Plan edged up modestly - up 1.0% during 2024, from $516M to $521M. Reported net income was $5M.
How have Midamerican Energy Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Midamerican Energy Company's sponsor-wide assets grew 575.6%, from $1.8B to $12.0B.
Where does Midamerican Energy Company Retirement Plan rank by assets among Form 5500 filers?
Midamerican Energy Company Retirement Plan ranks in the 97th 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 Midamerican Energy Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Brewery Conference/Anheuser-Busch Defined Benefit Pension Plan in MO ($521M, 729 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Midamerican Energy Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Basf Corporation Salaried Employees' Pension Plan in NJ (2,805 participants, $1.6B in assets).