Midamerican Energy Company 401(k) Plan: Login, Facts & Contact Information

Midamerican Energy Company 401(k) Plan Facts

Plan name
MIDAMERICAN ENERGY COMPANY RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MIDAMERICAN ENERGY COMPANY
Participants
7,856 (7,624 active employees)
Former employees with a balance
887
Plan assets
$1,984,497,578 at Dec 31, 2024
Average account balance
$246,613 across 8,047 accounts
Employer contributions
$70,197,040 in plan year 2024 (44% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner & Smi
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1976
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $158.5 million went into the plan in contributions, $70.2 million of it from the employer (44%).
  • $160.2 million was paid out to participants.
  • Investment and other income added $275.9 million.
  • Administrative expenses were $479,368, about $60 per account.

How the Midamerican Energy Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20196,049$1.26 billion$35.3 million$116.5 million
20206,135$1.42 billion$37.5 million$117.7 million
20215,991$1.58 billion$38.8 million$162.6 million
20226,069$1.29 billion$48.0 million$143.5 million
20236,264$1.71 billion$62.3 million$119.2 million
20247,856$1.98 billion$70.2 million$160.2 million

Midamerican Energy Company 401(k) Contact Information

Phone
515-242-4300
Mailing address
P.O. BOX 657, DES MOINES IA 503060657
Plan sponsor
MIDAMERICAN ENERGY COMPANY
Employer identification number (EIN)
42-1425214
Plan number
002

Questions about the Midamerican Energy Company 401(k)

Does Midamerican Energy Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $70.2 million, 44% of all contributions.

Does the Midamerican Energy Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Midamerican Energy Company 401(k) plan?

7,856 participants at the start of plan year 2024, 7,624 of them active employees, and 887 former employees who still had money in the plan.

What is the average 401(k) balance at Midamerican Energy Company?

About $246,613 per account: $1.98 billion in plan assets across 8,047 accounts with a balance at the end of plan year 2024.

Who manages the Midamerican Energy Company 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER & SMI) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Midamerican Energy Company. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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