401(k) · DOL Form 5500 · 2023

Madison Medical Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets: 273
Participants Below avg headcount: 57th
Percentile by assets National rank: $34,157
Avg per participant Low balance/head

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Official DOL plan name: Madison Medical 401(k) Plan · Sponsored by Madison Medical Corporation · Illinois · Manufacturing

$9M in assets, 273 participants

Madison Medical Corporation's Madison Medical 401(k) Plan reported $9M in total assets and 273 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

#8,026 in Manufacturing (18,722 peers)

Coverage in Illinois

Madison Medical 401(k) Plan covers 273 participants in Illinois, about 35% of the average Illinois filer (state average ~779 per filing). Assets: $9M.

#8,026
in Manufacturing (18,722 peers): +79.6%
assets growth YoY

Madison Medical 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Madison Medical 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,324,746 Top 43% higher than 57% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Madison Medical 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison Medical 401(k) Plan sits mid-pack in the medium band (273 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Madison Medical 401(k) Plan reported net income rose from -$626K in the plan year 2022 filing to $2M in the plan year 2023 filing.
Madison Medical 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $9M in the plan year 2023 filing.
Madison Medical 401(k) Plan reported participants rose from 170 in the plan year 2022 filing to 273 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 474182128 · Madison Medical Corporation PY 2023 · 401(k)

Madison Medical 401(k) Plan · $9M · 273 · 57th

ASSETS $9M
ASSETS 273
ASSETS 57th
ASSETS 401(k)
ASSETS near Awr Group Inc. 401(k) Profit Sharing Plan
ASSETS ind #8026

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 Manufacturing retirement plans → · Plans in Illinois →

End-of-year total assets ($M) among Madison Medical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$9M
Net Income	$2M
Employer EIN	474182128
Plan Effective Date	2015-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Madison Medical Corporation)

Latest sponsor-wide plan assets: $12M 129.73939007778503% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	170	$5M
2023	1	273	$9M
2024	1	265	$12M

Nearby 401(k) Plans in Illinois

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

Madison Medical 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Madison Medical 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Awr Group Inc. 401(k) Profit Sharing Plan in NY ($9M); by covered participants it is Rx Savings Solutions 401(k) Plan in KS (273 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Awr Group Inc. 401(k) Profit Sharing Plan (NY) $9M · 15
Rick O'hara & Associates, Inc. 401(k) Safe Harbor Profit Sharing Plan (CA) $9M · 2
Boots Retail USA, Inc. 401(k) Plan (NY) $9M · 109
Braun Electric Company, Inc. 401(k) Plan (CA) $9M · 156

Similar participant headcount

Nearest other-state filings by covered participants (273 participants); asset peers above are excluded.

Rx Savings Solutions 401(k) Plan (KS) 273 · 0 off
Sunshine Development School, Inc. 401(k) Plan (NY) 273 · 0 off
Jackson Orlando Associates 401(k) Plan (FL) 273 · 0 off
Color Image Apparel, Inc. 401(k) Profit Sharing Plan (CA) 273 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Madison Medical 401(k) Plan assets move in 2023? ▼

Madison Medical 401(k) Plan surged - up 79.6% during 2023, from $5M to $9M. Reported net income was $2M.

How have Madison Medical Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Madison Medical Corporation's sponsor-wide assets grew 129.7%, from $5M to $12M.

Which 401(k) plans are similar in size to Madison Medical 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Awr Group Inc. 401(k) Profit Sharing Plan in NY ($9M, 15 participants).

Which 401(k) plans cover a similar participant headcount to Madison Medical 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Rx Savings Solutions 401(k) Plan in KS (273 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 474182128.