401(k) · DOL Form 5500 · 2023

Madison Energy Solutions Corporation 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
95
Participants Small participant base
51st
Percentile by assets National rank
$73,490
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Madison Energy Solutions 401(k) Plan · Sponsored by Madison Energy Solutions Corporation · Texas · Mining & Oil Extraction

$7M in assets, 95 participants

Madison Energy Solutions Corporation's Madison Energy Solutions 401(k) Plan reported $7M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #244 in Mining & Oil Extraction (811 peers)

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Madison Energy Solutions 401(k) Plan ranks #244 of 811 2023 filers by assets (1762% of the sector average)-$7M for 95 participants.

#244
in Mining & Oil Extraction (811 peers)
+15.6%
assets growth YoY

Madison Energy Solutions 401(k) Plan's mid-pack asset rank among Mining & Oil Extraction and all filers

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

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

$6,981,524 Top 49% higher than 51% 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 Energy Solutions 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Madison Energy Solutions 401(k) Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Madison Energy Solutions 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $942K in the plan year 2023 filing.
  • Madison Energy Solutions 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Madison Energy Solutions 401(k) Plan reported participants fell from 96 in the plan year 2022 filing to 95 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 821975472 · Madison Energy Solutions Corporation PY 2023 · 401(k)

Madison Energy Solutions 401(k) Plan · $7M · 95 · 51st

  • RANK $7M
  • RANK 95
  • RANK 51st
  • RANK 401(k)
  • RANK near Paradowski Creative 401(k) Retirement Plan
  • RANK ind #244

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 Mining & Oil Extraction retirement plans → · Plans in Texas →

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

Madison Energy Solutions 401(k) PlanMadison Energy Solutions 401…$7MParadowski Creative 401(k) Retirement PlanParadowski Creative 401(k) R…$7MThieme Medical Publishers, Inc. 401(k) PlanThieme Medical Publishers, I…$7MQuality Wholesale Building Products, Inc. 401(k) PlanQuality Wholesale Building P…$7MDownes Construction Co., LLC 401(k) PlanDownes Construction Co., LLC…$7M
End-of-year total assets ($M) among Madison Energy Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$942K
Employer EIN821975472
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Energy Solutions Corporation)

Sponsor-wide plan assets over time

All Madison Energy Solutions Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 27.79992247470286% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $6.04M $7.72M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 96 $6M
2023 1 95 $7M
2024 1 99 $8M

Nearby 401(k) Plans in Texas

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

Madison Energy Solutions 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Madison Energy Solutions 401(k) Plan, Total assets ($B): 0.006981524 · Participants: 95Madison Energy Solutions 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Madison Energy Solutions 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Madison Energy Solutions 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Paradowski Creative 401(k) Retirement Plan in MO ($7M); by covered participants it is Southern Gear and Machine, Inc. Employee Stock Ownership Plan in FL (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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 Energy Solutions 401(k) Plan assets move in 2023? ▼
Madison Energy Solutions 401(k) Plan grew sharply - up 15.6% during 2023, from $6M to $7M. Reported net income was $942K.
How have Madison Energy Solutions Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Madison Energy Solutions Corporation's sponsor-wide assets grew 27.8%, from $6M to $8M.
Which 401(k) plans are similar in size to Madison Energy Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paradowski Creative 401(k) Retirement Plan in MO ($7M, 112 participants).
Which 401(k) plans cover a similar participant headcount to Madison Energy Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Gear and Machine, Inc. Employee Stock Ownership Plan in FL (95 participants, $3M 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 821975472.

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.