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.
Key reported metrics
- Plan sponsor
- Madix, Inc.
- EIN
- 75-1094810
- Plan number
- 001
- Plan type
- 2
- Location
- Terrell, TX
- Latest filing year
- 2023
- Participants
- 1,793
- End-of-year plan assets
- $67,878,423
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,793 | H, C | 20240919074708NAL0009975760001 |
Reported financial statement (2023 · Schedule H)
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
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