Wisconsin › Utilities › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Atc Individual Account Pension Plan
Sponsored by Atc Management Inc., Waukesha, WI
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Atc Management Inc. of Waukesha, Wisconsin sponsors Atc Individual Account Pension Plan, a money purchase plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 757 participants (580 active) and $83.9M in net assets.
Net assets came to $110,805 per participant, well above the $46,267 median for defined contribution plans with 500 to 999 participants and below the $137,166 median for defined contribution plans in utilities. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $4.1M during the year, or $7,100 per active participant against a same-size median of $1,934; participants contributed $0. Benefits paid out totalled $6.0M.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $85K: $112 per participant, close to the same-size median of $113. Administrative expenses charged to the plan were $103K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $23.3M in 2009 to $83.9M in 2024 (up 260%), and participants from 655 to 757 (up 16%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $110,805 | $46,267 | $137,166 | $53,102 |
| Employer contributions per active participant | $7,100 | $1,934 | $5,334 | $2,175 |
| Schedule C compensation per participant | $112 | $113 | $145 | $123 |
| Schedule C compensation, share of net assets | 0.10% | 0.25% | 0.12% | 0.26% |
| Administrative expenses per participant | $135 | $109 | $139 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), utilities (393) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 757 | $83.9M | $110,804 | $4.1M | $0 | $85K |
| 2023 | 730 | $75.9M | $103,952 | $3.8M | $0 | $63K |
| 2022 | 713 | $66.3M | $93,022 | $3.6M | $0 | $98K |
| 2021 | 715 | $80.7M | $112,810 | $3.6M | — | $118K |
| 2020 | 750 | $74.3M | $99,008 | $3.7M | — | $108K |
| 2019 | 758 | $65.2M | $85,984 | $3.8M | — | $57K |
| 2018 | 784 | $54.1M | $68,952 | $3.8M | — | $39K |
| 2017 | 797 | $58.0M | $72,724 | $3.8M | — | $27K |
| 2016 | 797 | $48.4M | $60,778 | $3.6M | — | $29K |
| 2015 | 786 | $43.8M | $55,670 | $3.5M | — | $27K |
| 2014 | 808 | $43.8M | $54,166 | $3.3M | — | $15K |
| 2013 | 752 | $41.0M | $54,472 | $3.1M | — | $14K |
| 2012 | 731 | $34.9M | $47,696 | $2.8M | — | $13K |
| 2011 | 674 | $29.0M | $43,028 | $2.6M | — | $10K |
| 2010 | 638 | $28.6M | $44,859 | $3.0M | — | $9,000 |
| 2009 | 655 | $23.3M | $35,579 | $3.4M | — | $8,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$75,885,293
- Employer contributions$4,117,786
- Participant contributions$0
- Rollovers and other contributions$0
- Total contributions$4,117,786
- Total income, including investment results$14,113,837
- Benefits paid$6,017,414
- Administrative expenses$102,501
- Total expenses$6,119,915
- Net income$7,993,922
- Net transfers$0
- Net assets, end of year$83,879,215
Participants
- Active participants580
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits177
- Participants with account balances748
- Total participants, end of year757
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fidelity Investments Institutional | Sub-transfer agency fees; Recordkeeping fees; Account maintenance fees; Securities brokerage commissions and fees | $49,084 | $0 |
| Coleman & Williams Ltd. | Accounting (including auditing) | $18,000 | $0 |
| Strategic Advisors, Inc. | Investment advisory (plan) | $17,666 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$48,855
- IQPA audit fees$18,000
- Other administrative expenses$17,980
- Investment advisory and management fees$17,666
- Total administrative expenses$102,501
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$75.8M · 90.3%
- Common/collective trusts$4.7M · 5.6%
- Cash (interest and non-interest bearing)$2.6M · 3.1%
- Corporate stocks$790K · 0.9%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmColeman & Williams Ltd.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2GTotal participant-directed account plan2TTotal or partial participant-directed account plan with a default investment account2CMoney purchase (other than target benefit) plan2FERISA section 404(c) plan3DPre-approved pension plan2RParticipant-directed brokerage accounts provided as an investment option under the plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 221100: Electric Power Generation, Transmission & Distribution.
Other plans of Atc Management Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Atc 401(k) Plan | 715 | $206M |
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Alliant Energy Corporation 401(k) Savings Plan | Alliant Energy Corporate Services, Inc. | 4,222 | $1.41B | $333,732 |
| Atc 401(k) Plan | Atc Management Inc. | 715 | $206M | $288,665 |
| Wec Energy Group Retirement Savings Plan | Wec Energy Group, Inc. | 4,875 | $1.88B | $385,138 |
| Madison Gas and Electric Company Retirement Savings Plan | Madison Gas and Electric Company | 376 | $80.9M | $215,034 |
| Wec Energy Group Employee Retirement Savings Plan | Wec Energy Group, Inc. | 5,193 | $2.18B | $419,869 |
| Madison Gas & Electric Company Retirement Savings Plan for Bargaining Employees | Madison Gas & Electric Company | 287 | $48.5M | $169,152 |
Defined contribution plans in utilities closest in size.
Questions and answers
How big is Atc Individual Account Pension Plan?
757 participants at the end of the plan year ending 31 Dec 2024, of whom 580 were active employees, with net assets of $83,879,215. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Atc Management Inc. contribute per participant?
The filing reports $4,117,786 in employer contributions for the year, which is $7,100 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $84,750 in compensation to service provider organisations, $112 per participant or 0.10% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $102,501. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Atc Management Inc.. Recordkeeping or administration: Fidelity Investments Institutional. Investment advisory or management: Strategic Advisors, Inc.. The financial statements were audited by Coleman & Williams Ltd.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 29 Sep 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 39-1999363, plan 002, received 29 Sep 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.