Madix, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Madix, Inc.)
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, Madix, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Madix, Inc. under EIN 75-1094810 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,793 participants and $67,878,423 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$67.9MPlan net assets, end of year$67,878,423
Participants1.8KCovered participants reported1,793
Assets / participant$37.9KComputed: assets ÷ participants$37,857 (computed)
Provider compensation$188.4K4 Schedule C provider row(s)$188,405
- Plan sponsor
- Madix, Inc.
- EIN
- 75-1094810
- Plan number
- 001
- Plan type
- 2
- Location
- Terrell, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,793 | H, C | 20240919074708NAL0009975760001 |
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)$67.9M total assets
Net assets$67.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $67,878,423
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $67,878,423
- Net assets (BOY)
- $60,575,253
Income & contributions
- Employer contributions
- $2,043,372
- Participant contributions
- $3,683,730
- Total contributions
- $6,254,636
- Total income / additions
- $15,054,965
Expenses & distributions
- Benefits paid
- $7,556,655
- Administrative expenses
- $188,405
- Total expenses
- $7,751,795
- Net increase / (decrease)
- $7,303,170
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $83,011 | $0 | 2023 |
| Wells Fargo Clearing Services LLC | ADVISOR | $42,126 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Smith Barney LLC | INVESTMENT ADVISOR | $41,159 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $22,109 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Madix, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Terrell, TX
- Fidelity Investments Institutional — Schedule C compensation
- Wells Fargo Clearing Services LLC — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation