401(k) · DOL Form 5500 · 2022

Madden Contracting 401(k) Plan

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

$21M
Total assets
216
Participants
64th
Percentile by assets

Sponsored by Madden Contracting Company, LLC · Louisiana · Construction

What the 2022 filing shows

Madden Contracting 401(k) Plan holds $21M for 216 participants - about $96,754 per participant, above the median plan by assets, down 11.5% over the 2022 plan year.

$21M
total plan assets (2022 EOY)
216
covered participants
64th
percentile by assets (of 84,055 plans)
$96,754
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$21M
Participants
216
State
Industry
Construction

What the Filing Says About Madden Contracting 401(k) Plan

Madden Contracting 401(k) Plan is a 401(k) retirement plan sponsored by Madden Contracting Company, LLC, headquartered in Louisiana. As of the 2022 Form 5500 filing, the plan reports $21M in total end-of-year assets and covers 216 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 720574611, and the plan has been effective since 1974-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2022 to $21M at year-end - a decline of 11.5%. Net assets (after liabilities) closed the year at $21M, with reported net income of $-2,710,617 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)$24M
Total Assets (End of Year)$21M
Net Assets (End of Year)$21M
Net Income$-2,710,617
Plan Type401(k)
Employer EIN720574611
Plan Effective Date1974-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madden Contracting Company, LLC)

Year Plans Participants Total Assets
2022 1 216 $21M
2023 1 220 $25M
2024 1 302 $30M

Nearby 401(k) Plans in Louisiana

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Frequently Asked Questions

How much money is in the Madden Contracting 401(k) Plan?
As of the 2022 Form 5500 filing, Madden Contracting 401(k) Plan holds $21M in total assets with 216 participants. It is sponsored by Madden Contracting Company, LLC.
What type of plan is Madden Contracting 401(k) Plan?
Madden Contracting 401(k) Plan is a 401(k) plan. It has been effective since 1974-04-01. The plan is filed with the U.S. Department of Labor under EIN 720574611.
Who sponsors the Madden Contracting 401(k) Plan?
Madden Contracting 401(k) Plan is sponsored by Madden Contracting Company, LLC, located in Louisiana. The sponsor's EIN is 720574611 and the plan operates in the Construction industry.
How did Madden Contracting 401(k) Plan perform in 2022?
Madden Contracting 401(k) Plan declined by 11.5% during 2022, moving from $24M to $21M in total assets. Net income was $-2,710,617.
Where can I find official filings for Madden Contracting 401(k) Plan?
Official Form 5500 filings for Madden Contracting 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 720574611 or plan name at efast.dol.gov.
How does Madden Contracting 401(k) Plan compare to other plans?
You can compare Madden Contracting 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Louisiana on the state page. PlainRetire tracks all 133,317 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 720574611.

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.