401(k) · DOL Form 5500 · 2024

Madison Medical Corporation 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
265
Participants Below avg headcount
60th
Percentile by assets National rank
$45,009
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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

$12M in assets, 265 participants

Madison Medical Corporation's Madison Medical 401(k) Plan reported $12M in total assets and 265 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,222 in Manufacturing (17,777 peers)

Coverage in Illinois

Madison Medical 401(k) Plan covers 265 participants in Illinois, about 34% of the average Illinois filer (state average ~779 per filing). Assets: $12M.

#8,222
in Manufacturing (17,777 peers)
+27.9%
assets growth YoY

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

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

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

$11,927,481 Top 40% higher than 60% 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 Medical 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 Medical 401(k) Plan sits mid-pack in the medium band (265 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Madison Medical 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Madison Medical 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Madison Medical 401(k) Plan reported participants fell from 273 in the plan year 2023 filing to 265 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 474182128 · Madison Medical Corporation PY 2024 · 401(k)

Madison Medical 401(k) Plan · $12M · 265 · 60th

  • RANK $12M
  • RANK 265
  • RANK 60th
  • RANK 401(k)
  • RANK near Freeway Corporation Retirement Plan
  • RANK ind #8222

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 Medical 401(k) Plan in the asset neighbourhood

Madison Medical 401(k) Plan$12MFreeway Corporation Retirement PlanFreeway Corporation Retireme…$12MTaurus/Nfs 401(k) Plan$12MWagner Motor Sales and Subsidiaries 401(k) PlanWagner Motor Sales and Subsi…$12MJupiter Island Holdings, Inc. 401(k) PlanJupiter Island Holdings, Inc…$12M
End-of-year total assets ($M) among Madison Medical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN474182128
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madison Medical Corporation)

Sponsor-wide plan assets over time

All Madison Medical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$12M 129.73939007778503% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $5.19M $11.9M ▲ +129.9%
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.

Madison Medical 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Madison Medical 401(k) Plan, Total assets ($B): 0.011927481 · Participants: 265Madison Medical 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 Medical 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest 401(k) by assets is Freeway Corporation Retirement Plan in OH ($12M); by covered participants it is Territorial Savings Bank 401(k) Plan in HI (265 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (265 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 Medical 401(k) Plan assets move in 2024?
Madison Medical 401(k) Plan grew sharply - up 27.9% during 2024, from $9M to $12M. Reported net income was $3M.
How have Madison Medical Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Madison Medical Corporation's sponsor-wide assets grew 129.7%, from $5M to $12M.
Which 401(k) plans are similar in size to Madison Medical 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Freeway Corporation Retirement Plan in OH ($12M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Madison Medical 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Territorial Savings Bank 401(k) Plan in HI (265 participants, $29M in assets).