Madison Gas And Electric Company Retirement Plan — 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 Retirement Plan is a benefit plan reported by Madison Gas And Electric Company under EIN 39-0444025 and plan number 002. The latest loaded filing year is 2023. The filing reports 600 participants and $267,465,983 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$267.5MPlan net assets, end of year$267,465,983
Participants600Covered participants reported
Assets / participant$445.8KComputed: assets ÷ participants$445,777 (computed)
Provider compensation$158.6K3 Schedule C provider row(s)$158,581
Plan sponsor
Madison Gas And Electric Company
EIN
39-0444025
Plan number
002
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023600H, C20241011090846NAL0010755299001
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)$267.5M total assets
Net assets$267.5MLiabilities$0
Money in vs. money out
Total income / additions$35.7M
Total expenses$14.6M
Benefits paid / distributions$14.4M
Full reported line items

Net assets

Total assets (EOY)
$267,465,983
Total liabilities (EOY)
$0
Net assets (EOY)
$267,465,983
Net assets (BOY)
$246,412,490

Income & contributions

Total contributions
$0
Total income / additions
$35,692,708

Expenses & distributions

Benefits paid
$14,423,036
Administrative expenses
$216,179
Total expenses
$14,639,215
Net increase / (decrease)
$21,053,493
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.

Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$136,361not reported in the loaded dataset2023
Hub InternationalNONE$11,352not reported in the loaded dataset2023
Clifton Arsonallen LlpNONE$10,868not reported in the loaded dataset2023

Related Form 5500 pages