2023 Form 5500 filing — Madix, Inc. 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240919074708NAL0009975760001) for Madix, Inc. 401(K) Profit Sharing Plan, reported by Madix, Inc. under EIN 75-1094810 and plan number 001. It reports 1,793 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$67.9MReported net assets$67,878,423
Participants1.8K1,793
Provider compensation$188.4K4 Schedule C row(s)$188,405
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240919074708NAL0009975760001
- Plan sponsor
- Madix, Inc.
- EIN
- 75-1094810
- Plan number
- 001
- Location
- Terrell, TX
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$67.9M total assets
Net assets$67.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $67,878,423
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $67,878,423
- Employer contributions
- $2,043,372
- Participant contributions
- $3,683,730
- Total income / additions
- $15,054,965
- Benefits paid
- $7,556,655
- Administrative expenses
- $188,405
- Total expenses
- $7,751,795
- Net increase / (decrease)
- $7,303,170
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $83,011 | $0 |
| Wells Fargo Clearing Services LLC | ADVISOR | $42,126 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney LLC | INVESTMENT ADVISOR | $41,159 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $22,109 | not reported in the loaded dataset |