Madison Gas & Electric Company 401(K) Retirement Accumulation Plan — Form 5500 plan (Madison Gas & 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 & Electric Company 401(K) Retirement Accumulation Plan is a benefit plan reported by Madison Gas & Electric Company under EIN 39-0444025 and plan number 005. The latest loaded filing year is 2023. The filing reports 269 participants and $155,769,259 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$155.8MPlan net assets, end of year$155,769,259
Participants269Covered participants reported
Assets / participant$579.1KComputed: assets ÷ participants$579,068 (computed)
Provider compensation$3001 Schedule C provider row(s)
- Plan sponsor
- Madison Gas & Electric Company
- EIN
- 39-0444025
- Plan number
- 005
- Plan type
- 2
- Location
- Madison, WI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 269 | H, C | 20241011153927NAL0037535264001 |
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)$155.8M total assets
Net assets$155.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $155,769,259
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $155,769,259
- Net assets (BOY)
- $139,477,371
Income & contributions
- Employer contributions
- $415,211
- Participant contributions
- $1,607,853
- Total contributions
- $2,023,064
- Total income / additions
- $28,809,883
Expenses & distributions
- Benefits paid
- $13,748,624
- Administrative expenses
- $160
- Total expenses
- $13,748,784
- Net increase / (decrease)
- $15,061,099
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.
21%79%
Employer 21%Participant 79%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $300 | $0 | 2023 |