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Sponsor portfolioTH

MADISON GAS & ELECTRIC COMPANY

EIN 39-0444025-utilities-Latest filing 2025
Plans
14
Retirement
6
$847.9M assets
Welfare
8
$20.1M premiums
Participants
7,168
P.O BOX 1231 - MADISON, WI 537011231608-252-7101mge.comLinkedIn501-1000 employeesutilities
Plans on this EIN
14 filings
#002TraditionalDB-$279.0M - 591 part#001TraditionalDB-$182.3M - 444 part#005ESOP-$167.9M - 241 part#006ESOP-$89.2M - 184 part#008401k-$80.9M - 376 part#009401k-$48.5M - 287 part#501Fully Insured-$17.1M - 1,329 lives#507Fully Insured-$2.1M - 707 lives#502Fully Insured-$594K - 702 lives#511Fully Insured-$313K - 291 lives#508Fully Insured-0 lives#509Self Funded-0 lives#510Self Funded-0 lives#513Unknown-0 lives

Retirement portfolio analytics

6 plans aggregated / $847.9M assets / 2,123 participants

Assets by plan

Share of aggregate retirement assets

33%top
  • COMPANY RETIREMENT PLAN (#002)33%
  • FOR BARGAINING EMPLOYEES (#001)22%
  • RETIREMENT ACCUMULATION PLAN (#005)20%
  • FOR BARGAINING EMPLOYEES (#006)11%
  • COMPANY RETIREMENT Savings (#008)10%
  • +1 more
Total $847.9MClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
54%top
  • (Not disclosed)54%
  • THE VANGUARD GROUP, INC.46%
Total $847.9MClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • COMPANY RETIREMENT PLAN (#002)591
  • FOR BARGAINING EMPLOYEES (#001)444
  • COMPANY RETIREMENT Savings (#008)376
  • FOR BARGAINING EMPLOYEES (#009)287
  • RETIREMENT ACCUMULATION PLAN (#005)241
  • FOR BARGAINING EMPLOYEES (#006)184
Total 2,123Click row to drill in

Benefits portfolio analytics

8 plans / $20.1M premiums / 3,029 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$17.1M
  • Life$2.1M
  • Long-term disability$466K
  • Other$466K
  • Dental$313K
  • Short-term disability$128K
  • +1 more
Total $20.1M7 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
48%top
  • GROUP HEALTH COOPERATIVE OF SOUTH CENTRAL WISCONSIN48%
  • DEAN HEALTH PLAN INC37%
  • PRUDENTIAL INSURANCE COMPANY OF AMERICA8%
  • STANDARD INSURANCE COMPANY5%
  • DELTA DENTAL OF CALIFORNIA2%
  • +2 more
Total $20.1M7 slices

Broker market share

Schedule A broker compensation

Split broker
89%top
  • M3 INSURANCE SOLUTIONS INC89%
  • M3 INS SOLUTIONS INC10%
  • C2 CENTRIC LLC1%
Total $249K3 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#002

MADISON GAS AND ELECTRIC COMPANY RETIREMENT PLAN

TraditionalDB

Assets$279.0M
Participants591
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001

MADISON GAS AND ELECTRIC COMPANY RETIREMENT PLAN FOR BARGAINING EMPLOYEES

TraditionalDB

Assets$182.3M
Participants444
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#005

MADISON GAS & ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN

ESOP

Assets$167.9M
Participants241
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#006

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

ESOP

Assets$89.2M
Participants184
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#008

MADISON GAS AND ELECTRIC COMPANY RETIREMENT SAVINGS PLAN

401k

Assets$80.9M
Participants376
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#009

MADISON GAS & ELECTRIC COMPANY RETIREMENT SAVINGS PLAN FOR BARGAINING EMPLOYEES

401k

Assets$48.5M
Participants287
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT PLAN

Fully Insured - GROUP HEALTH COOPERATIVE OF SOUTH CENTRAL WISCONSIN

Premiums$17.1M
Covered lives1,329
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#507

MADISON GAS AND ELECTRIC COMPANY LIFE AND ACCIDENTAL DEATH AND

Fully Insured - PRUDENTIAL INSURANCE COMPANY OF AMERICA

Premiums$2.1M
Covered lives707
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502

MADISON GAS AND ELECTRIC COMPANY LONG AND SHORT-TERM DISABILITY INSURA

Fully Insured - STANDARD INSURANCE COMPANY

Premiums$594K
Covered lives702
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#511

MADISON GAS & ELECTRIC COMPANY DENTAL PLAN

Fully Insured - DELTA DENTAL OF WISCONSIN

Premiums$313K
Covered lives291
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#508

MADISON GAS AND ELECTRIC COMPANY TRAVEL ACCIDENT PLAN

Fully Insured - LIFE INSURANCE COMPANY OF NORTH AMERICA

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#509

MADISON GAS AND ELECTRIC COMPANY GENERAL SEVERANCE PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#510

MADISON GAS AND ELECTRIC COMPANY CAFETERIA PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#513

MADISON GAS AND ELECTRIC COMPANY RETIREE MEDICAL ACCOUNT PLAN

Unknown

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans6

Plan #NameTypeAssetsParticipantsLatest year
002MADISON GAS AND ELECTRIC COMPANY RETIREMENT PLANTraditionalDB$279.0M5912024
001MADISON GAS AND ELECTRIC COMPANY RETIREMENT PLAN FOR BARGAINING EMPLOYEESTraditionalDB$182.3M4442024
005MADISON GAS & ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLANESOP$167.9M2412024
006MADISON GAS AND ELECTRIC COMPANY 401(K) RETIREMENT ACCUMULATION PLAN FOR BARGAINING EMPLOYEESESOP$89.2M1842024
008MADISON GAS AND ELECTRIC COMPANY RETIREMENT SAVINGS PLAN401k$80.9M3762024
009MADISON GAS & ELECTRIC COMPANY RETIREMENT SAVINGS PLAN FOR BARGAINING EMPLOYEES401k$48.5M2872024

Welfare plans8

Plan #NameFundingCarrierPremiumsCoveredLatest year
501MADISON GAS & ELECTRIC COMPANY HEALTH BENEFIT PLANFully InsuredGROUP HEALTH COOPERATIVE OF SOUTH CENTRAL WISCONSIN$17.1M1,3292025
507MADISON GAS AND ELECTRIC COMPANY LIFE AND ACCIDENTAL DEATH ANDFully InsuredPRUDENTIAL INSURANCE COMPANY OF AMERICA$2.1M7072025
502MADISON GAS AND ELECTRIC COMPANY LONG AND SHORT-TERM DISABILITY INSURAFully InsuredSTANDARD INSURANCE COMPANY$594K7022025
511MADISON GAS & ELECTRIC COMPANY DENTAL PLANFully InsuredDELTA DENTAL OF WISCONSIN$313K2912025
508MADISON GAS AND ELECTRIC COMPANY TRAVEL ACCIDENT PLANFully InsuredLIFE INSURANCE COMPANY OF NORTH AMERICA$002025
509MADISON GAS AND ELECTRIC COMPANY GENERAL SEVERANCE PLANSelf Funded-$002025
510MADISON GAS AND ELECTRIC COMPANY CAFETERIA PLANSelf Funded-$002024
513MADISON GAS AND ELECTRIC COMPANY RETIREE MEDICAL ACCOUNT PLANUnknown-$002024
Retirement plans
Welfare plans
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