MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES

  • Address: P.O. BOX 1231,,MADISON,WI
  • Contact person: SANDRA L. DOLISTER
  • Phone: (608) 252-7101

MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2022, the total retirement plan assets of MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is $75,544,802.00.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is 219

In 2022, the average participant retirement account value for MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is $344,953.00

In 2022, the estimated average employee contribution amount per participant for MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is $5,980.00

In 2022, the estimated average employer match for an employee in MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is approximately $851.00

In 2022, MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES allocates $186,553.00 to match its employees' contributions, providing an employer match rate of 13.77% of their contributions

In 2022, the total retirement plan asset growth rate of MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is -18.90%

In 2022, the estimated aggregate retirement account investment gain/loss for MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is -17.61%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEES is 0.00%.

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