2023 Form 5500 filing — Madison Industrial Solutions 401(K) 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 20241010090746NAL0035346576001) for Madison Industrial Solutions 401(K) Plan, reported by Madison Industrial Solutions Corporation under EIN 47-2282126 and plan number 001. It reports 368 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)$8.3MReported net assets$8,258,632
Participants368
Provider compensation$113.1K4 Schedule C row(s)$113,092
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010090746NAL0035346576001
- Plan sponsor
- Madison Industrial Solutions Corporation
- EIN
- 47-2282126
- Plan number
- 001
- Location
- Chicago, IL
- 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)$8.3M total assets
Net assets$8.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $8,258,632
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,258,632
- Employer contributions
- $311,846
- Participant contributions
- $974,554
- Total income / additions
- $2,843,229
- Benefits paid
- $850,535
- Administrative expenses
- $113,355
- Total expenses
- $973,161
- Net increase / (decrease)
- $1,870,068
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $42,034 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $37,667 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $17,841 | not reported in the loaded dataset |
| Baker Tilly Virchow Krause, Llp | AUDITOR | $15,550 | not reported in the loaded dataset |