Plan Ledger DOL Form 5500 · updated monthly

Madison Acquisition Group LLC401(k)

MADISON ACQUISITION GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · SOUTHAMPTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.72%

Madison Acquisition Group LLC reported $128,127 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,550th-largest of 5,648 plans among New York employers on file, and the 1,469th of 5,215 in retail trade.

Plan summary
Net assets, end of year$19,723,252
Participants with balances1,851
Active participants895
Employer contributions—
Employee contributions$3,278,144
Employer contribution per active participant—
Average account balance$10,655
Benefits paid to participants$1,446,174
Plan auditUnmodified (clean) audit opinion
AuditorWEINER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 1,851 accts
2023$15.7M · 1,565 accts
2022$10.1M · 1,216 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,321
Investment management$84,946
Trustee / custodial$860
Total administrative$128,127
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$40,691
LPL FINANCIAL · Investment advisory (participants)$84,946

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023LPL Financial, Paychex

This plan has changed recordkeepers within these filings. If you left Madison Acquisition Group LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$128,127 · 0.72%
2023$90,494 · 0.70%
2022$66,736 · 0.69%
Similar plansRetail Trade · New York
Ed Herrington, Inc. NY$20.2M · 0.23%
Ganz U.S.A. LLC NY$19.5M · 0.13%
Maxmara USA, Inc. NY$19.5M · 0.47%
The Pace Gallery, LLC NY$19.1M · 0.35%
Pepe Motors Corp. NY$18.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271109369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.