401(k) · DOL Form 5500 · 2023

Madison Industrial Solutions Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
257
Participants Below avg headcount
54th
Percentile by assets National rank
$32,135
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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

$8M in assets, 257 participants

Madison Industrial Solutions Corporation's Madison Industrial Solutions 401(k) Plan reported $8M in total assets and 257 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,440 in Manufacturing (18,722 peers)

Coverage in Illinois

Madison Industrial Solutions 401(k) Plan covers 257 participants in Illinois, about 33% of the average Illinois filer (state average ~779 per filing). Assets: $8M.

#7,440
in Manufacturing (18,722 peers)
-34.0%
assets change YoY

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

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

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

$8,258,632 Top 46% higher than 54% of 127,068 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 2023

Madison Industrial Solutions 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 Industrial Solutions 401(k) Plan sits mid-pack in the medium band (257 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Madison Industrial Solutions 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Madison Industrial Solutions 401(k) Plan end-of-year assets fell from $13M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Madison Industrial Solutions 401(k) Plan reported participants fell from 299 in the plan year 2022 filing to 257 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 472282126 · Madison Industrial Solutions Corporation PY 2023 · 401(k)

Madison Industrial Solutions 401(k) Plan · $8M · 257 · 54th

  • TYPE $8M
  • NET 257
  • BOOK 54th
  • VS-ST 401(k)
  • BOY near Formidable Labs Retirement Trust
  • SCH ind #7440

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 →

Madison Industrial Solutions 401(k) Plan in the asset neighbourhood

Madison Industrial Solutions 401(k) PlanMadison Industrial Solutions…$8MFormidable Labs Retirement TrustFormidable Labs Retirement T…$8MGeosearch, Inc. 401(k) Plan$8MPrattville Machine & Tool Co. 401(k) PlanPrattville Machine & Tool Co…$8MSouth Metropolitan Anesthesia, P.a.South Metropolitan Anesthesi…$8M
End-of-year total assets ($M) among Madison Industrial Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN472282126
Plan Effective Date2016-04-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Industrial Solutions Corporation)

Sponsor-wide plan assets over time

All Madison Industrial Solutions Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 30.17461963278254% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $12.5M $8.73M ▼ -30.2%
Year Plans Participants Total Assets
2022 1 299 $13M
2023 1 257 $8M
2024 1 137 $9M

Nearby 401(k) Plans in Illinois

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

Madison Industrial Solutions 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Madison Industrial Solutions 401(k) Plan, Total assets ($B): 0.008258632 · Participants: 257Madison Industrial Solutions 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Madison Industrial Solutions 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Madison Industrial Solutions 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Formidable Labs Retirement Trust in WA ($8M); by covered participants it is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (257 participants); asset peers above are excluded.

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 Industrial Solutions 401(k) Plan assets move in 2023? ▼
Madison Industrial Solutions 401(k) Plan contracted severely - down 34.0% during 2023, from $13M to $8M. Reported net income was $2M.
How have Madison Industrial Solutions Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Madison Industrial Solutions Corporation's sponsor-wide assets declined 30.2%, from $13M to $9M.
Which 401(k) plans are similar in size to Madison Industrial Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Formidable Labs Retirement Trust in WA ($8M, 88 participants).
Which 401(k) plans cover a similar participant headcount to Madison Industrial Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants, $48M 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 472282126.

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.