Profit Sharing · DOL Form 5500 · 2024

Madrigal Pharmaceuticals, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$38M
Total assets
209
Participants
67th
Percentile by assets

Sponsored by Madrigal Pharmaceuticals, Inc. · Pennsylvania · Professional & Technical Services

What the 2024 filing shows

Madrigal Pharmaceuticals, Inc. 401(k) Plan holds $38M for 209 participants - about $179,907 per participant, above the median plan by assets, up 176.8% over the 2024 plan year.

$38M
total plan assets (2024 EOY)
209
covered participants
67th
percentile by assets (of 67,083 plans)
$179,907
avg assets per participant
Total Assets (2023)
$38M
Participants
209
State
Industry
Professional & Technical Services

What the Filing Says About Madrigal Pharmaceuticals, Inc. 401(k) Plan

Madrigal Pharmaceuticals, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Madrigal Pharmaceuticals, Inc., headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $38M in total end-of-year assets and covers 209 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 043508648, and the plan has been effective since 1997-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2024 to $38M at year-end - a gain of 176.8%. Net assets (after liabilities) closed the year at $38M, with reported net income of $24M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$38M
Net Assets (End of Year)$38M
Net Income$24M
Plan TypeProfit Sharing
Employer EIN043508648
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Madrigal Pharmaceuticals, Inc.)

Year Plans Participants Total Assets
2022 1 56 N/A
2023 1 81 $14M
2024 1 209 $38M

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Frequently Asked Questions

How much money is in the Madrigal Pharmaceuticals, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Madrigal Pharmaceuticals, Inc. 401(k) Plan holds $38M in total assets with 209 participants. It is sponsored by Madrigal Pharmaceuticals, Inc..
What type of plan is Madrigal Pharmaceuticals, Inc. 401(k) Plan?
Madrigal Pharmaceuticals, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1997-10-01. The plan is filed with the U.S. Department of Labor under EIN 043508648.
Who sponsors the Madrigal Pharmaceuticals, Inc. 401(k) Plan?
Madrigal Pharmaceuticals, Inc. 401(k) Plan is sponsored by Madrigal Pharmaceuticals, Inc., located in Pennsylvania. The sponsor's EIN is 043508648 and the plan operates in the Professional & Technical Services industry.
How did Madrigal Pharmaceuticals, Inc. 401(k) Plan perform in 2024?
Madrigal Pharmaceuticals, Inc. 401(k) Plan grew by 176.8% during 2024, moving from $14M to $38M in total assets. Net income was $24M.
Where can I find official filings for Madrigal Pharmaceuticals, Inc. 401(k) Plan?
Official Form 5500 filings for Madrigal Pharmaceuticals, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 043508648 or plan name at efast.dol.gov.
How does Madrigal Pharmaceuticals, Inc. 401(k) Plan compare to other plans?
You can compare Madrigal Pharmaceuticals, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 043508648.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.