401(k) · DOL Form 5500 · 2024

Madone Inc 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
194
Participants Below avg headcount
31st
Percentile by assets National rank
$11,961
Avg per participant Low balance/head
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Official DOL plan name: Madone Inc 401(k) Profit Sharing Plan and Trust · Sponsored by Madone Inc · Minnesota · Food Services & Accommodation

$2M in assets, 194 participants

Madone Inc's Madone Inc 401(k) Profit Sharing Plan and Trust reported $2M in total assets and 194 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #2,443 in Food Services & Accommodation (3,672 peers)

Coverage in Minnesota

Madone Inc 401(k) Profit Sharing Plan and Trust covers 194 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $2M.

#2,443
in Food Services & Accommodation (3,672 peers)
+21.7%
assets growth YoY

Madone Inc 401(k) Profit Sharing Plan and Trust among the smaller filed plans by assets

Madone Inc 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,320,357 31st percentile higher than 31% 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

Madone Inc 401(k) Profit Sharing Plan and Trust 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. Madone Inc 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Madone Inc 401(k) Profit Sharing Plan and Trust reported participants rose from 158 in the plan year 2023 filing to 194 in the plan year 2024 filing.
  • Madone Inc 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Madone Inc 401(k) Profit Sharing Plan and Trust reported net income fell from $464K in the plan year 2023 filing to $413K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411565932 · Madone Inc PY 2024 · 401(k)

Madone Inc 401(k) Profit Sharing Plan and Trust · $2M · 194 · 31st

  • ASSETS $2M
  • ASSETS 194
  • ASSETS 31st
  • ASSETS 401(k)
  • ASSETS near 401(k) Employee Retirement Plan
  • ASSETS ind #2443

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 Food Services & Accommodation retirement plans → · Plans in Minnesota →

Madone Inc 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Madone Inc 401(k) Profit Sharing Plan and TrustMadone Inc 401(k) Profit Sha…$2M401(k) Employee Retirement Plan401(k) Employee Retirement P…$2MDrive Automotive Services, LLC 401(k) PlanDrive Automotive Services, L…$2MScalar Tools, Inc., Section 401(k) Profit Sharing PlanScalar Tools, Inc., Section …$2MVac Pac, Inc .401(k) Profit Sharing Plan and TrustVac Pac, Inc .401(k) Profit …$2M
End-of-year total assets ($M) among Madone Inc 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$413K
Employer EIN411565932
Plan Effective Date2024-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madone Inc)

Sponsor-wide plan assets over time

All Madone Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 60.70946467740808% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.44M $2.32M ▲ +61.1%
Year Plans Participants Total Assets
2022 1 143 $1M
2023 1 158 $2M
2024 1 194 $2M

Nearby 401(k) Plans in Minnesota

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

Madone Inc 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Madone Inc 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.002320357 · Participants: 194Madone Inc 401(k) Profit Sharing Plan and TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Madone Inc 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Madone Inc 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Madone Inc 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is 401(k) Employee Retirement Plan in MS ($2M); by covered participants it is Teamsnap Retirement Savings Plan in IL (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Madone Inc 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Madone Inc 401(k) Profit Sharing Plan and Trust grew sharply - up 21.7% during 2024, from $2M to $2M. Reported net income was $413K.
How have Madone Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Madone Inc's sponsor-wide assets grew 60.7%, from $1M to $2M.
Which 401(k) plans are similar in size to Madone Inc 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Employee Retirement Plan in MS ($2M, 121 participants).
Which 401(k) plans cover a similar participant headcount to Madone Inc 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Teamsnap Retirement Savings Plan in IL (194 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411565932.

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.