Madison Gas And Electric Company Retirement Savings 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 Savings Plan is a benefit plan reported by Madison Gas And Electric Company under EIN 39-0444025 and plan number 008. The latest loaded filing year is 2023. The filing reports 334 participants and $67,595,978 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$67.6MPlan net assets, end of year$67,595,978
Participants334Covered participants reported
Assets / participant$202.4KComputed: assets ÷ participants$202,383 (computed)
Provider compensation$9601 Schedule C provider row(s)
Plan sponsor
Madison Gas And Electric Company
EIN
39-0444025
Plan number
008
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023334H, C20241011153035NAL0039315152001
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)$67.6M total assets
Net assets$67.6MLiabilities$0
Money in vs. money out
Total income / additions$17.7M
Total expenses$3.1M
Benefits paid / distributions$3.1M
Contributions
Employer$3.1M
Participant$3.6M
Full reported line items

Net assets

Total assets (EOY)
$67,595,978
Total liabilities (EOY)
$0
Net assets (EOY)
$67,595,978
Net assets (BOY)
$52,137,703

Income & contributions

Employer contributions
$3,143,265
Participant contributions
$3,628,787
Total contributions
$7,325,604
Total income / additions
$17,656,983

Expenses & distributions

Benefits paid
$3,118,754
Administrative expenses
$400
Total expenses
$3,119,154
Net increase / (decrease)
$14,537,829
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 46%Participant 54%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income18%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$960$02023

Related Form 5500 pages