Plan5500

Madison Gas & Electric Company Retirement Savings Plan For Bargaining Employees — 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 Retirement Savings Plan For Bargaining Employees is a benefit plan reported by Madison Gas & Electric Company under EIN 39-0444025 and plan number 009. The latest loaded filing year is 2023. The filing reports 249 participants and $38,686,925 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$38.7MPlan net assets, end of year$38,686,925
Participants249Covered participants reported
Assets / participant$155.4KComputed: assets ÷ participants$155,369 (computed)
Provider compensation$1.1K1 Schedule C provider row(s)$1,080
Plan sponsor
Madison Gas & Electric Company
EIN
39-0444025
Plan number
009
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023249H, C20241011151819NAL0022193761001
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)$38.7M total assets
Net assets$38.7MLiabilities$0
Money in vs. money out
Total income / additions$10.5M
Total expenses$923.4K
Benefits paid / distributions$922.8K
Contributions
Employer$2M
Participant$2.2M
Full reported line items

Net assets

Total assets (EOY)
$38,686,925
Total liabilities (EOY)
$0
Net assets (EOY)
$38,686,925
Net assets (BOY)
$30,058,809

Income & contributions

Employer contributions
$2,008,855
Participant contributions
$2,185,648
Total contributions
$4,455,873
Total income / additions
$10,471,912

Expenses & distributions

Benefits paid
$922,830
Administrative expenses
$520
Total expenses
$923,350
Net increase / (decrease)
$9,548,562
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 48%Participant 52%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income9%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$1,080$02023

Related Form 5500 pages