401(k) · DOL Form 5500 · 2024

Madison Industrial Solutions Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
137
Participants Small participant base
53rd
Percentile by assets National rank
$63,730
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

$9M in assets, 137 participants

Madison Industrial Solutions Corporation's Madison Industrial Solutions 401(k) Plan reported $9M in total assets and 137 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #6,726 in Manufacturing (17,777 peers)

Coverage in Illinois

Madison Industrial Solutions 401(k) Plan covers 137 participants in Illinois, about 18% of the average Illinois filer (state average ~779 per filing). Assets: $9M.

#6,726
in Manufacturing (17,777 peers)
+5.7%
assets growth 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 2024 · DOL Form 5500

$8,730,990 Top 47% higher than 53% of 123,620 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 2024

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

Plan-year 2024 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 (137 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Madison Industrial Solutions 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $472K in the plan year 2024 filing.
  • Madison Industrial Solutions 401(k) Plan reported participants fell from 257 in the plan year 2023 filing to 137 in the plan year 2024 filing.
  • Madison Industrial Solutions 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 472282126 · Madison Industrial Solutions Corporation PY 2024 · 401(k)

Madison Industrial Solutions 401(k) Plan · $9M · 137 · 53rd

  • PCT $9M
  • PCT 137
  • PCT 53rd
  • PCT 401(k)
  • PCT near Walters 401(k) Plan
  • PCT ind #6726

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…$9MWalters 401(k) Plan$9MMastervac and Dynamic Companies 401(k) PlanMastervac and Dynamic Compan…$9MGts Technology Solutions, Inc. 401(k) PlanGts Technology Solutions, In…$9MColeman Auto Group 401(k) Profit Sharing PlanColeman Auto Group 401(k) Pr…$9M
End-of-year total assets ($M) among Madison Industrial Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$472K
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 -50510152025 Total assets ($B) Participants Madison Industrial Solutions 401(k) Plan, Total assets ($B): 0.00873099 · Participants: 137Madison Industrial Solutions 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Madison Industrial Solutions 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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 Walters 401(k) Plan in MN ($9M); by covered participants it is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

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

Similar participant headcount

Nearest other-state filings by covered participants (137 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Madison Industrial Solutions 401(k) Plan grew at a solid clip - up 5.7% during 2024, from $8M to $9M. Reported net income was $472K.
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 Walters 401(k) Plan in MN ($9M, 155 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 Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants, $930K in assets).