Plan5500

Madison Gas And Electric Company 401(K) Retirement Accumulation Plan For Bargaining Employees — Form 5500 plan (Madison Gas And Electric Company)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Madison Gas And Electric Company 401(K) Retirement Accumulation Plan For Bargaining Employees is a benefit plan reported by Madison Gas And Electric Company under EIN 39-0444025 and plan number 006. The latest loaded filing year is 2023. The filing reports 212 participants and $80,954,879 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$81MPlan net assets, end of year$80,954,879
Participants212Covered participants reported
Assets / participant$381.9KComputed: assets ÷ participants$381,863 (computed)
Provider compensation$3651 Schedule C provider row(s)
Plan sponsor
Madison Gas And Electric Company
EIN
39-0444025
Plan number
006
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023212H, C20241011153248NAL0023120593001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$81M total assets
Net assets$81MLiabilities$0
Money in vs. money out
Total income / additions$14.1M
Total expenses$7.5M
Benefits paid / distributions$7.5M
Contributions
Employer$194.9K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$80,954,879
Total liabilities (EOY)
$0
Net assets (EOY)
$80,954,879
Net assets (BOY)
$75,544,802

Income & contributions

Employer contributions
$194,864
Participant contributions
$1,342,572
Total contributions
$1,537,436
Total income / additions
$14,101,831

Expenses & distributions

Benefits paid
$7,460,705
Administrative expenses
$260
Total expenses
$7,460,965
Net increase / (decrease)
$6,640,866
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income53%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$365$02023

Related Form 5500 pages