Madison Industrial Solutions 401(K) Plan — Form 5500 plan (Madison Industrial Solutions Corporation)
Plain-English plan 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, Madison Industrial Solutions 401(K) Plan is a benefit plan reported by Madison Industrial Solutions Corporation under EIN 47-2282126 and plan number 001. The latest loaded filing year is 2023. The filing reports 368 participants and $8,258,632 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.3MPlan net assets, end of year$8,258,632
Participants368Covered participants reported
Assets / participant$22.4KComputed: assets ÷ participants$22,442 (computed)
Provider compensation$113.1K4 Schedule C provider row(s)$113,092
- Plan sponsor
- Madison Industrial Solutions Corporation
- EIN
- 47-2282126
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 368 | H, C | 20241010090746NAL0035346576001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$8.3M total assets
Net assets$8.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,258,632
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,258,632
- Net assets (BOY)
- $12,504,035
Income & contributions
- Employer contributions
- $311,846
- Participant contributions
- $974,554
- Total contributions
- $1,439,433
- Total income / additions
- $2,843,229
Expenses & distributions
- Benefits paid
- $850,535
- Administrative expenses
- $113,355
- Total expenses
- $973,161
- Net increase / (decrease)
- $1,870,068
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $42,034 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $37,667 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $17,841 | not reported in the loaded dataset | 2023 |
| Baker Tilly Virchow Krause, Llp | AUDITOR | $15,550 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Madison Industrial Solutions Corporation
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Baker Tilly Virchow Krause, Llp — Schedule C compensation