Midamerican Energy Company401(k)

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Midamerican Energy Company reported $479,368 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $9,207 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 10 years on file its reported administrative ratio rose from 0.01% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 6th-largest of 878 plans among Iowa employers on file, and the 29th of 412 in utilities. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 5,086 to 7,624 since 2014.