Plan Ledger DOL Form 5500 · updated monthly

Madison Medical Affiliates, Inc.401(k)

MADISON MEDICAL AFFILIATES, INC. EMPLOYEES' BALANCED PROFIT SHARING PLAN · MILWAUKEE, WI · plan year 2023

Reported admin expense ratio · 2023
0.14%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Madison Medical Affiliates, Inc. reported $107,941 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $10,761 per active participant. 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 1 year on file its reported administrative ratio fell from 0.21% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 265th-largest of 1,936 plans among Wisconsin employers on file, and the 1,243rd of 11,911 in health care & social assistance. In 2023, the employer put in $1.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$84,923,975
Participants with balances546
Active participants286
Employer contributions$3,077,657
Employee contributions$2,236,251
Employer contribution per active participant$10,761
Average account balance$155,538
Benefits paid to participants$2,210,112
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$84.9M · 546 accts · $3.1M emplr
2022$66.1M · 493 accts · $2.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$69,704
Investment management$38,237
Total administrative$107,941
The Madison Medical Affiliates, Inc. 401(k) match · 2023
Employer contribution per active participant$10,761
Median for plans this size$3,659
2023$10,761 per active participant
2022$8,801 per active participant

Madison Medical Affiliates, Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$69,704
ROBERT W. BAIRD & CO. INCORPORATED · Investment advisory (plan)$38,237
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Administrative cost history2
2023$107,941 · 0.14%
2022$127,007 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Froedtert South, Inc. WI$89.2M · 0.13%
Upland Hills Health, Inc. WI$77.8M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391855720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.