401(k) · DOL Form 5500 · 2022

Madison Electric Company 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
290
Participants Below avg headcount
85th
Percentile by assets National rank
$124,100
Avg per participant Near avg balance/head
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Official DOL plan name: Madison / Standard Electric 401(k) Plan · Sponsored by Madison Electric Company · Michigan · Wholesale Trade

$36M in assets, 290 participants

Madison Electric Company's Madison / Standard Electric 401(k) Plan reported $36M in total assets and 290 participants in its 2022 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,849 in Wholesale Trade (6,843 peers)

Coverage in Michigan

Madison / Standard Electric 401(k) Plan covers 290 participants in Michigan, about 45% of the average Michigan filer (state average ~638 per filing). Assets: $36M.

#5,849
in Wholesale Trade (6,843 peers)
-26.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Madison / Standard Electric 401(k) Plan's outsized position by total assets

Madison / Standard Electric 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$35,989,103 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Madison / Standard Electric 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison / Standard Electric 401(k) Plan sits mid-pack in the medium band (290 participants).

Form 5500 schedule snapshot

Filing strip 380783210 · Madison Electric Company PY 2022 · 401(k)

Madison / Standard Electric 401(k) Plan · $36M · 290 · 85th

  • IND $36M
  • IND 290
  • IND 85th
  • IND 401(k)
  • IND near Agy Retirement Savings Plan
  • IND ind #5849

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Michigan →

Madison / Standard Electric 401(k) Plan in the asset neighbourhood

Madison / Standard Electric 401(k) PlanMadison / Standard Electric …$36MAgy Retirement Savings Plan$36MThe Congoleum Salaried Employees Savings PlanThe Congoleum Salaried Emplo…$36MAmeriserv Financial 401(k) Profit SharingAmeriserv Financial 401(k) P…$36MSibcy Cline, Inc. and Affiliated Companies 401(k) Profit Sharing PlanSibcy Cline, Inc. and Affili…$36M
End-of-year total assets ($M) among Madison / Standard Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$36M
Net Income-$13M
Employer EIN380783210
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Electric Company)

Sponsor-wide plan assets over time

All Madison Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$46M 28.948215241708024% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $36M $46.4M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 290 $36M
2023 1 399 $42M
2024 1 428 $46M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Madison / Standard Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Madison / Standard Electric 401(k) Plan, Total assets ($B): 0.035989103 · Participants: 290Madison / Standard Electric 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Madison / Standard Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Madison / Standard Electric 401(k) Plan side-by-side with 3 peers →

Madison / Standard Electric 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Agy Retirement Savings Plan in SC ($36M); by covered participants it is Arm Management Inc 401(k) Profit Sharing Plan & Trust in CA (290 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (290 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Madison / Standard Electric 401(k) Plan assets move in 2022? ▼
Madison / Standard Electric 401(k) Plan declined sharply - down 26.5% during 2022, from $49M to $36M. Reported net income was -$13M.
How have Madison Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Madison Electric Company's sponsor-wide assets grew 28.9%, from $36M to $46M.
Where does Madison / Standard Electric 401(k) Plan rank by assets among Form 5500 filers? ▼
Madison / Standard Electric 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Madison / Standard Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Agy Retirement Savings Plan in SC ($36M, 734 participants).
Which 401(k) plans cover a similar participant headcount to Madison / Standard Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Arm Management Inc 401(k) Profit Sharing Plan & Trust in CA (290 participants, $248K in assets).

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 380783210.

Read our methodology - how this data is sourced, computed, and verified.

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