Madison Gas and Electric 401(k) match, vesting and fees
What Madison Gas and Electric's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 291 defined-contribution plans in utilities with 100 to 499 participants.
| Madison Gas and Electric: employer contribution per participant | $9,454 | |
| Peer median | $3,631 |
| Madison Gas and Electric: average balance | $215,034 | |
| Peer median | $86,045 |
| Madison Gas and Electric: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.25% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $67.6M at the end of plan year 2023 to $80.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 376 | $80.9M | $3.6M | $9,454 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 366 | $67.6M | $3.1M | $8,588 | <0.01% | Not published | Form 5500 ↗ |
Other Madison Gas and Electric plans (5)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Madison Gas & Electric Company 401(k) Retirement Accumulation Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Madison Gas and Electric Company 401(k) Retirement Accumulation Plan for Bargaining Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Madison Gas and Electric Company Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Cliftonarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Madison Gas and Electric Company Retirement Plan for Bargaining Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Madison Gas and Electric match 401(k) contributions?
The match terms for the Madison Gas and Electric Company Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $3.6M in employer contributions, about $9,454 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Madison Gas and Electric 401(k) match vested?
The vesting schedule for the Madison Gas and Electric Company Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Madison Gas and Electric 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Madison Gas and Electric Company.
I left Madison Gas and Electric. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Madison Gas and Electric Company, (608) 252-7101) or the recordkeeper, The Vanguard Group, Inc.. The Madison Gas and Electric old 401(k) page lists the contacts from every plan filing. Find an old Madison Gas and Electric 401(k)
Data from the public Form 5500 annual reports Madison Gas and Electric filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Madison Gas and Electric. Not financial advice. Report a correction · Methodology