401(k) · DOL Form 5500 · 2023

Madison Medical 401(k) Plan

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

$9M
Total assets
273
Participants
31th
Percentile by assets

Sponsored by Madison Medical Corporation · Illinois · Manufacturing

What the 2023 filing shows

Madison Medical 401(k) Plan holds $9M for 273 participants - about $34,157 per participant, in the lower half of filed plans by assets, up 79.6% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
273
covered participants
31th
percentile by assets (of 72,800 plans)
$34,157
avg assets per participant
Total Assets (2023)
$9M
Participants
273
State
Industry
Manufacturing

What the Filing Says About Madison Medical 401(k) Plan

Madison Medical 401(k) Plan is a 401(k) retirement plan sponsored by Madison Medical Corporation, headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 273 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 474182128, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2023 to $9M at year-end - a gain of 79.6%. Net assets (after liabilities) closed the year at $9M, with reported net income of $2M 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)$5M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$2M
Plan Type401(k)
Employer EIN474182128
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Medical Corporation)

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.

Frequently Asked Questions

How much money is in the Madison Medical 401(k) Plan?
As of the 2023 Form 5500 filing, Madison Medical 401(k) Plan holds $9M in total assets with 273 participants. It is sponsored by Madison Medical Corporation.
What type of plan is Madison Medical 401(k) Plan?
Madison Medical 401(k) Plan is a 401(k) plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 474182128.
Who sponsors the Madison Medical 401(k) Plan?
Madison Medical 401(k) Plan is sponsored by Madison Medical Corporation, located in Illinois. The sponsor's EIN is 474182128 and the plan operates in the Manufacturing industry.
How did Madison Medical 401(k) Plan perform in 2023?
Madison Medical 401(k) Plan grew by 79.6% during 2023, moving from $5M to $9M in total assets. Net income was $2M.
Where can I find official filings for Madison Medical 401(k) Plan?
Official Form 5500 filings for Madison Medical 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 474182128 or plan name at efast.dol.gov.
How does Madison Medical 401(k) Plan compare to other plans?
You can compare Madison Medical 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois 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 2023.

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

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.