Civic Intelligence

Madden Electric Co. Inc.

Plan context: Madden Electric Inc. Retirement Plan

EIN 05-0481021 • Little Compton, RI • 26 filings • 3 plans

74 Burchard AvenueLittle Compton, RI 02837
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$6,000,144

2024 Contributions

$468,214

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$6,000,144$3,000,072$0200320142024YearValue
$6,000,144Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1370200320142024YearValue
12Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024212$6,000,144$468,214$39,018iApproximate average salary by contribution assumption: employee only about $975,446 at 4% or $650,297 at 6%; with 50% employer match about $650,297 at 4% or $433,531 at 6%; with 100% employer match about $487,723 at 4% or $325,149 at 6%.
Madden Electric Inc. Retirement Plan-12$5,466,618$268,214$22,351iApproximate average salary by contribution assumption: employee only about $558,779 at 4% or $372,519 at 6%; with 50% employer match about $372,519 at 4% or $248,346 at 6%; with 100% employer match about $279,390 at 4% or $186,260 at 6%.
MADDEN ELECTRIC CO., INC. CASH BALANCE PLAN-11$533,526$200,000$18,182iApproximate average salary by contribution assumption: employee only about $454,545 at 4% or $303,030 at 6%; with 50% employer match about $303,030 at 4% or $202,020 at 6%; with 100% employer match about $227,273 at 4% or $151,515 at 6%.
2023213$4,736,869$354,750$27,288iApproximate average salary by contribution assumption: employee only about $682,212 at 4% or $454,808 at 6%; with 50% employer match about $454,808 at 4% or $303,205 at 6%; with 100% employer match about $341,106 at 4% or $227,404 at 6%.
Madden Electric Inc. Retirement Plan-13$4,455,903$212,750$16,365iApproximate average salary by contribution assumption: employee only about $409,135 at 4% or $272,756 at 6%; with 50% employer match about $272,756 at 4% or $181,838 at 6%; with 100% employer match about $204,567 at 4% or $136,378 at 6%.
MADDEN ELECTRIC CO., INC. CASH BALANCE PLAN-11$280,966$142,000$12,909iApproximate average salary by contribution assumption: employee only about $322,727 at 4% or $215,152 at 6%; with 50% employer match about $215,152 at 4% or $143,434 at 6%; with 100% employer match about $161,364 at 4% or $107,576 at 6%.
2022212$3,565,064$176,520$14,710iApproximate average salary by contribution assumption: employee only about $367,750 at 4% or $245,167 at 6%; with 50% employer match about $245,167 at 4% or $163,444 at 6%; with 100% employer match about $183,875 at 4% or $122,583 at 6%.
Madden Electric Inc. Retirement Plan-11$3,456,969$176,520$16,047iApproximate average salary by contribution assumption: employee only about $401,182 at 4% or $267,455 at 6%; with 50% employer match about $267,455 at 4% or $178,303 at 6%; with 100% employer match about $200,591 at 4% or $133,727 at 6%.
MADDEN ELECTRIC CO., INC. CASH BALANCE PLAN-12$108,095$0-
2021211$4,264,556$320,412$29,128iApproximate average salary by contribution assumption: employee only about $728,209 at 4% or $485,473 at 6%; with 50% employer match about $485,473 at 4% or $323,648 at 6%; with 100% employer match about $364,105 at 4% or $242,736 at 6%.
Madden Electric Inc. Retirement Plan-9$4,155,074$209,342$23,260iApproximate average salary by contribution assumption: employee only about $581,506 at 4% or $387,670 at 6%; with 50% employer match about $387,670 at 4% or $258,447 at 6%; with 100% employer match about $290,753 at 4% or $193,835 at 6%.
MADDEN ELECTRIC CO., INC. CASH BALANCE PLAN-11$109,482$111,070$10,097iApproximate average salary by contribution assumption: employee only about $252,432 at 4% or $168,288 at 6%; with 50% employer match about $168,288 at 4% or $112,192 at 6%; with 100% employer match about $126,216 at 4% or $84,144 at 6%.
202019$3,341,508$70,420$7,824iApproximate average salary by contribution assumption: employee only about $195,611 at 4% or $130,407 at 6%; with 50% employer match about $130,407 at 4% or $86,938 at 6%; with 100% employer match about $97,806 at 4% or $65,204 at 6%.
Madden Electric Inc. Retirement Plan-9$3,341,508$70,420$7,824iApproximate average salary by contribution assumption: employee only about $195,611 at 4% or $130,407 at 6%; with 50% employer match about $130,407 at 4% or $86,938 at 6%; with 100% employer match about $97,806 at 4% or $65,204 at 6%.
201919$2,340,587$172,534$19,170iApproximate average salary by contribution assumption: employee only about $479,261 at 4% or $319,507 at 6%; with 50% employer match about $319,507 at 4% or $213,005 at 6%; with 100% employer match about $239,631 at 4% or $159,754 at 6%.
Madden Electric Inc. Retirement Plan-9$2,340,587$172,534$19,170iApproximate average salary by contribution assumption: employee only about $479,261 at 4% or $319,507 at 6%; with 50% employer match about $319,507 at 4% or $213,005 at 6%; with 100% employer match about $239,631 at 4% or $159,754 at 6%.
201819$1,619,363$194,319$21,591iApproximate average salary by contribution assumption: employee only about $539,775 at 4% or $359,850 at 6%; with 50% employer match about $359,850 at 4% or $239,900 at 6%; with 100% employer match about $269,888 at 4% or $179,925 at 6%.
Madden Electric Inc. Retirement Plan-9$1,619,363$194,319$21,591iApproximate average salary by contribution assumption: employee only about $539,775 at 4% or $359,850 at 6%; with 50% employer match about $359,850 at 4% or $239,900 at 6%; with 100% employer match about $269,888 at 4% or $179,925 at 6%.
201719$1,495,608$147,103$16,345iApproximate average salary by contribution assumption: employee only about $408,619 at 4% or $272,413 at 6%; with 50% employer match about $272,413 at 4% or $181,609 at 6%; with 100% employer match about $204,310 at 4% or $136,206 at 6%.
Madden Electric Inc. Retirement Plan-9$1,495,608$147,103$16,345iApproximate average salary by contribution assumption: employee only about $408,619 at 4% or $272,413 at 6%; with 50% employer match about $272,413 at 4% or $181,609 at 6%; with 100% employer match about $204,310 at 4% or $136,206 at 6%.
201619$1,074,516$74,194$8,244iApproximate average salary by contribution assumption: employee only about $206,094 at 4% or $137,396 at 6%; with 50% employer match about $137,396 at 4% or $91,598 at 6%; with 100% employer match about $103,047 at 4% or $68,698 at 6%.
Madden Electric Inc. Retirement Plan-9$1,074,516$74,194$8,244iApproximate average salary by contribution assumption: employee only about $206,094 at 4% or $137,396 at 6%; with 50% employer match about $137,396 at 4% or $91,598 at 6%; with 100% employer match about $103,047 at 4% or $68,698 at 6%.
201518$939,554$71,906$8,988iApproximate average salary by contribution assumption: employee only about $224,706 at 4% or $149,804 at 6%; with 50% employer match about $149,804 at 4% or $99,869 at 6%; with 100% employer match about $112,353 at 4% or $74,902 at 6%.
Madden Electric Inc. Retirement Plan-8$939,554$71,906$8,988iApproximate average salary by contribution assumption: employee only about $224,706 at 4% or $149,804 at 6%; with 50% employer match about $149,804 at 4% or $99,869 at 6%; with 100% employer match about $112,353 at 4% or $74,902 at 6%.
201418$888,800$69,843$8,730iApproximate average salary by contribution assumption: employee only about $218,259 at 4% or $145,506 at 6%; with 50% employer match about $145,506 at 4% or $97,004 at 6%; with 100% employer match about $109,130 at 4% or $72,753 at 6%.
Madden Electric Inc. Retirement Plan-8$888,800$69,843$8,730iApproximate average salary by contribution assumption: employee only about $218,259 at 4% or $145,506 at 6%; with 50% employer match about $145,506 at 4% or $97,004 at 6%; with 100% employer match about $109,130 at 4% or $72,753 at 6%.
201318$806,790$54,327$6,791iApproximate average salary by contribution assumption: employee only about $169,772 at 4% or $113,181 at 6%; with 50% employer match about $113,181 at 4% or $75,454 at 6%; with 100% employer match about $84,886 at 4% or $56,591 at 6%.
Madden Electric Inc. Retirement Plan-8$806,790$54,327$6,791iApproximate average salary by contribution assumption: employee only about $169,772 at 4% or $113,181 at 6%; with 50% employer match about $113,181 at 4% or $75,454 at 6%; with 100% employer match about $84,886 at 4% or $56,591 at 6%.
201218$633,041$56,785$7,098iApproximate average salary by contribution assumption: employee only about $177,453 at 4% or $118,302 at 6%; with 50% employer match about $118,302 at 4% or $78,868 at 6%; with 100% employer match about $88,727 at 4% or $59,151 at 6%.
Madden Electric Inc. Retirement Plan-8$633,041$56,785$7,098iApproximate average salary by contribution assumption: employee only about $177,453 at 4% or $118,302 at 6%; with 50% employer match about $118,302 at 4% or $78,868 at 6%; with 100% employer match about $88,727 at 4% or $59,151 at 6%.
201118$513,735$55,121$6,890iApproximate average salary by contribution assumption: employee only about $172,253 at 4% or $114,835 at 6%; with 50% employer match about $114,835 at 4% or $76,557 at 6%; with 100% employer match about $86,127 at 4% or $57,418 at 6%.
Madden Electric Inc. Retirement Plan-8$513,735$55,121$6,890iApproximate average salary by contribution assumption: employee only about $172,253 at 4% or $114,835 at 6%; with 50% employer match about $114,835 at 4% or $76,557 at 6%; with 100% employer match about $86,127 at 4% or $57,418 at 6%.
201018$485,018$64,631$8,079iApproximate average salary by contribution assumption: employee only about $201,972 at 4% or $134,648 at 6%; with 50% employer match about $134,648 at 4% or $89,765 at 6%; with 100% employer match about $100,986 at 4% or $67,324 at 6%.
Madden Electric Inc. Retirement Plan-8$485,018$64,631$8,079iApproximate average salary by contribution assumption: employee only about $201,972 at 4% or $134,648 at 6%; with 50% employer match about $134,648 at 4% or $89,765 at 6%; with 100% employer match about $100,986 at 4% or $67,324 at 6%.
200918$366,378$61,745$7,718iApproximate average salary by contribution assumption: employee only about $192,953 at 4% or $128,635 at 6%; with 50% employer match about $128,635 at 4% or $85,757 at 6%; with 100% employer match about $96,477 at 4% or $64,318 at 6%.
Madden Electric Inc. Retirement Plan-8$366,378$61,745$7,718iApproximate average salary by contribution assumption: employee only about $192,953 at 4% or $128,635 at 6%; with 50% employer match about $128,635 at 4% or $85,757 at 6%; with 100% employer match about $96,477 at 4% or $64,318 at 6%.
200817$222,770$50,172$7,167iApproximate average salary by contribution assumption: employee only about $179,186 at 4% or $119,457 at 6%; with 50% employer match about $119,457 at 4% or $79,638 at 6%; with 100% employer match about $89,593 at 4% or $59,729 at 6%.
Madden Electric Inc. Retirement Plan-7$222,770$50,172$7,167iApproximate average salary by contribution assumption: employee only about $179,186 at 4% or $119,457 at 6%; with 50% employer match about $119,457 at 4% or $79,638 at 6%; with 100% employer match about $89,593 at 4% or $59,729 at 6%.
200717$290,840$54,238$7,748iApproximate average salary by contribution assumption: employee only about $193,707 at 4% or $129,138 at 6%; with 50% employer match about $129,138 at 4% or $86,092 at 6%; with 100% employer match about $96,854 at 4% or $64,569 at 6%.
Madden Electric Inc. Retirement Plan-7$290,840$54,238$7,748iApproximate average salary by contribution assumption: employee only about $193,707 at 4% or $129,138 at 6%; with 50% employer match about $129,138 at 4% or $86,092 at 6%; with 100% employer match about $96,854 at 4% or $64,569 at 6%.
200617$223,440$49,330$7,047iApproximate average salary by contribution assumption: employee only about $176,179 at 4% or $117,452 at 6%; with 50% employer match about $117,452 at 4% or $78,302 at 6%; with 100% employer match about $88,089 at 4% or $58,726 at 6%.
Madden Electric Inc. Retirement Plan-7$223,440$49,330$7,047iApproximate average salary by contribution assumption: employee only about $176,179 at 4% or $117,452 at 6%; with 50% employer match about $117,452 at 4% or $78,302 at 6%; with 100% employer match about $88,089 at 4% or $58,726 at 6%.
200517$154,372$49,650$7,093iApproximate average salary by contribution assumption: employee only about $177,321 at 4% or $118,214 at 6%; with 50% employer match about $118,214 at 4% or $78,810 at 6%; with 100% employer match about $88,661 at 4% or $59,107 at 6%.
Madden Electric Inc. Retirement Plan-7$154,372$49,650$7,093iApproximate average salary by contribution assumption: employee only about $177,321 at 4% or $118,214 at 6%; with 50% employer match about $118,214 at 4% or $78,810 at 6%; with 100% employer match about $88,661 at 4% or $59,107 at 6%.
200417$95,776$44,848$6,407iApproximate average salary by contribution assumption: employee only about $160,171 at 4% or $106,781 at 6%; with 50% employer match about $106,781 at 4% or $71,187 at 6%; with 100% employer match about $80,086 at 4% or $53,390 at 6%.
Madden Electric Inc. Retirement Plan-7$95,776$44,848$6,407iApproximate average salary by contribution assumption: employee only about $160,171 at 4% or $106,781 at 6%; with 50% employer match about $106,781 at 4% or $71,187 at 6%; with 100% employer match about $80,086 at 4% or $53,390 at 6%.
200317$43,125$40,842$5,835iApproximate average salary by contribution assumption: employee only about $145,864 at 4% or $97,243 at 6%; with 50% employer match about $97,243 at 4% or $64,829 at 6%; with 100% employer match about $72,932 at 4% or $48,621 at 6%.
Madden Electric Inc. Retirement Plan-7$43,125$40,842$5,835iApproximate average salary by contribution assumption: employee only about $145,864 at 4% or $97,243 at 6%; with 50% employer match about $97,243 at 4% or $64,829 at 6%; with 100% employer match about $72,932 at 4% or $48,621 at 6%.