401(k) · DOL Form 5500 · 2022

Madison Services Group, LLC 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$12M
Total assets
2,468
Participants
50th
Percentile by assets

Sponsored by Madison Services Group, LLC · Georgia · Healthcare & Social Assistance

What the 2022 filing shows

Madison Services Group, LLC 401(k) Plan holds $12M for 2,468 participants - about $4,745 per participant, above the median plan by assets, down 6.0% over the 2022 plan year.

$12M
total plan assets (2022 EOY)
2,468
covered participants
50th
percentile by assets (of 84,055 plans)
$4,745
avg assets per participant

The plan reported a net loss of $703K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$12M
Participants
2,468
State
Industry
Healthcare & Social Assistance

What the Filing Says About Madison Services Group, LLC 401(k) Plan

Madison Services Group, LLC 401(k) Plan is a 401(k) retirement plan sponsored by Madison Services Group, LLC, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 2,468 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 020625842, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $12M at year-end - a decline of 6.0%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-702,904 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$-702,904
Plan Type401(k)
Employer EIN020625842
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Services Group, LLC)

Year Plans Participants Total Assets
2022 1 2,468 $12M
2023 1 2,728 $15M
2024 1 3,198 $19M

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Frequently Asked Questions

How much money is in the Madison Services Group, LLC 401(k) Plan?
As of the 2022 Form 5500 filing, Madison Services Group, LLC 401(k) Plan holds $12M in total assets with 2,468 participants. It is sponsored by Madison Services Group, LLC.
What type of plan is Madison Services Group, LLC 401(k) Plan?
Madison Services Group, LLC 401(k) Plan is a 401(k) plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 020625842.
Who sponsors the Madison Services Group, LLC 401(k) Plan?
Madison Services Group, LLC 401(k) Plan is sponsored by Madison Services Group, LLC, located in Georgia. The sponsor's EIN is 020625842 and the plan operates in the Healthcare & Social Assistance industry.
How did Madison Services Group, LLC 401(k) Plan perform in 2022?
Madison Services Group, LLC 401(k) Plan declined by 6.0% during 2022, moving from $12M to $12M in total assets. Net income was $-702,904.
Where can I find official filings for Madison Services Group, LLC 401(k) Plan?
Official Form 5500 filings for Madison Services Group, LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 020625842 or plan name at efast.dol.gov.
How does Madison Services Group, LLC 401(k) Plan compare to other plans?
You can compare Madison Services Group, LLC 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 020625842.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.