2023 Form 5500 filing — Midamerican Energy Company Welfare Benefit Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241202095218NAL0000925171001) for Midamerican Energy Company Welfare Benefit Plan, reported by Midamerican Energy Company under EIN 42-1425214 and plan number 501. It reports 4,368 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241202095218NAL0000925171001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midamerican Energy Company
- EIN
- 42-1425214
- Plan number
- 501
- Location
- Des Moines, IA
- Participants
- 4,368
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $276,036,807
- Total liabilities (EOY)
- $10,498,323
- Net assets (EOY)
- $265,538,484
- Employer contributions
- $58,399,314
- Participant contributions
- $21,291,288
- Total income / additions
- $125,936,443
- Benefits paid
- $95,382,040
- Administrative expenses
- $2,392,189
- Total expenses
- $97,774,229
- Net increase / (decrease)
- $28,162,214
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wellmark Bcbs Of Iowa | N/A | $1,760,592 | not reported in the loaded dataset |
| Express Scripts | N/A | $1,249,249 | not reported in the loaded dataset |
| Metropolitan Life Insurance Co | N/A | $145,776 | not reported in the loaded dataset |
| Compsych | N/A | $56,025 | not reported in the loaded dataset |
| Webmd Health Services Group, Inc. | N/A | $54,632 | not reported in the loaded dataset |
| Benefitbump | N/A | $53,793 | not reported in the loaded dataset |
| Vision Service Plan | N/A | $25,998 | not reported in the loaded dataset |
| Norton Lifelock | N/A | $8,980 | not reported in the loaded dataset |