Midamerican Energy Company Welfare Benefit Plan — Form 5500 plan (Midamerican Energy 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, Midamerican Energy Company Welfare Benefit Plan is a benefit plan reported by Midamerican Energy Company under EIN 42-1425214 and plan number 501. The latest loaded filing year is 2023. The filing reports 4,368 participants and $276,036,807 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Midamerican Energy Company
- EIN
- 42-1425214
- Plan number
- 501
- Plan type
- 2
- Location
- Des Moines, IA
- Latest filing year
- 2023
- Participants
- 4,368
- End-of-year plan assets
- $276,036,807
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,368 | H, C | 20241202095218NAL0000925171001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $276,036,807
- Total liabilities (EOY)
- $10,498,323
- Net assets (EOY)
- $265,538,484
- Net assets (BOY)
- $237,376,270
Income & contributions
- Employer contributions
- $58,399,314
- Participant contributions
- $21,291,288
- Total contributions
- $79,690,602
- Total income / additions
- $125,936,443
Expenses & distributions
- Benefits paid
- $95,382,040
- Administrative expenses
- $2,392,189
- Total expenses
- $97,774,229
- Net increase / (decrease)
- $28,162,214
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wellmark Bcbs Of Iowa | N/A | $1,760,592 | not reported in the loaded dataset | 2023 |
| Express Scripts | N/A | $1,249,249 | not reported in the loaded dataset | 2023 |
| Metropolitan Life Insurance Co | N/A | $145,776 | not reported in the loaded dataset | 2023 |
| Compsych | N/A | $56,025 | not reported in the loaded dataset | 2023 |
| Webmd Health Services Group, Inc. | N/A | $54,632 | not reported in the loaded dataset | 2023 |
| Benefitbump | N/A | $53,793 | not reported in the loaded dataset | 2023 |
| Vision Service Plan | N/A | $25,998 | not reported in the loaded dataset | 2023 |
| Norton Lifelock | N/A | $8,980 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Midamerican Energy Company
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Des Moines, IA
- Wellmark Bcbs Of Iowa — Schedule C compensation
- Express Scripts — Schedule C compensation
- Metropolitan Life Insurance Co — Schedule C compensation
- Compsych — Schedule C compensation
- Webmd Health Services Group, Inc. — Schedule C compensation
- Benefitbump — Schedule C compensation
- Vision Service Plan — Schedule C compensation
- Norton Lifelock — Schedule C compensation