Madsen Inc. DBA Medicap Pharmacy
Plan context: Medicap Pharmacy 401(K) Profit Sharing Plan
EIN 42-1513005 • Toledo, IA • 19 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
11
2024 Assets
$1,305,607
2024 Contributions
$21,110
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 11 | $1,305,607 | $21,110 | $1,919iApproximate average salary by contribution assumption: employee only about $47,977 at 4% or $31,985 at 6%; with 50% employer match about $31,985 at 4% or $21,323 at 6%; with 100% employer match about $23,989 at 4% or $15,992 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 11 | $1,305,607 | $21,110 | $1,919iApproximate average salary by contribution assumption: employee only about $47,977 at 4% or $31,985 at 6%; with 50% employer match about $31,985 at 4% or $21,323 at 6%; with 100% employer match about $23,989 at 4% or $15,992 at 6%. |
| 2023 | 1 | 12 | $1,210,024 | $36,474 | $3,040iApproximate average salary by contribution assumption: employee only about $75,988 at 4% or $50,658 at 6%; with 50% employer match about $50,658 at 4% or $33,772 at 6%; with 100% employer match about $37,994 at 4% or $25,329 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 12 | $1,210,024 | $36,474 | $3,040iApproximate average salary by contribution assumption: employee only about $75,988 at 4% or $50,658 at 6%; with 50% employer match about $50,658 at 4% or $33,772 at 6%; with 100% employer match about $37,994 at 4% or $25,329 at 6%. |
| 2022 | 1 | 11 | $1,047,795 | $50,352 | $4,577iApproximate average salary by contribution assumption: employee only about $114,436 at 4% or $76,291 at 6%; with 50% employer match about $76,291 at 4% or $50,861 at 6%; with 100% employer match about $57,218 at 4% or $38,145 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 11 | $1,047,795 | $50,352 | $4,577iApproximate average salary by contribution assumption: employee only about $114,436 at 4% or $76,291 at 6%; with 50% employer match about $76,291 at 4% or $50,861 at 6%; with 100% employer match about $57,218 at 4% or $38,145 at 6%. |
| 2021 | 1 | 12 | $1,159,343 | $52,945 | $4,412iApproximate average salary by contribution assumption: employee only about $110,302 at 4% or $73,535 at 6%; with 50% employer match about $73,535 at 4% or $49,023 at 6%; with 100% employer match about $55,151 at 4% or $36,767 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 12 | $1,159,343 | $52,945 | $4,412iApproximate average salary by contribution assumption: employee only about $110,302 at 4% or $73,535 at 6%; with 50% employer match about $73,535 at 4% or $49,023 at 6%; with 100% employer match about $55,151 at 4% or $36,767 at 6%. |
| 2020 | 1 | 14 | $1,541,071 | $75,033 | $5,360iApproximate average salary by contribution assumption: employee only about $133,988 at 4% or $89,325 at 6%; with 50% employer match about $89,325 at 4% or $59,550 at 6%; with 100% employer match about $66,994 at 4% or $44,663 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 14 | $1,541,071 | $75,033 | $5,360iApproximate average salary by contribution assumption: employee only about $133,988 at 4% or $89,325 at 6%; with 50% employer match about $89,325 at 4% or $59,550 at 6%; with 100% employer match about $66,994 at 4% or $44,663 at 6%. |
| 2019 | 1 | 15 | $1,400,185 | $68,711 | $4,581iApproximate average salary by contribution assumption: employee only about $114,518 at 4% or $76,346 at 6%; with 50% employer match about $76,346 at 4% or $50,897 at 6%; with 100% employer match about $57,259 at 4% or $38,173 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 15 | $1,400,185 | $68,711 | $4,581iApproximate average salary by contribution assumption: employee only about $114,518 at 4% or $76,346 at 6%; with 50% employer match about $76,346 at 4% or $50,897 at 6%; with 100% employer match about $57,259 at 4% or $38,173 at 6%. |
| 2018 | 1 | 15 | $1,125,861 | $89,690 | $5,979iApproximate average salary by contribution assumption: employee only about $149,483 at 4% or $99,656 at 6%; with 50% employer match about $99,656 at 4% or $66,437 at 6%; with 100% employer match about $74,742 at 4% or $49,828 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 15 | $1,125,861 | $89,690 | $5,979iApproximate average salary by contribution assumption: employee only about $149,483 at 4% or $99,656 at 6%; with 50% employer match about $99,656 at 4% or $66,437 at 6%; with 100% employer match about $74,742 at 4% or $49,828 at 6%. |
| 2017 | 1 | 14 | $1,202,199 | $183,422 | $13,102iApproximate average salary by contribution assumption: employee only about $327,539 at 4% or $218,360 at 6%; with 50% employer match about $218,360 at 4% or $145,573 at 6%; with 100% employer match about $163,770 at 4% or $109,180 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 14 | $1,202,199 | $183,422 | $13,102iApproximate average salary by contribution assumption: employee only about $327,539 at 4% or $218,360 at 6%; with 50% employer match about $218,360 at 4% or $145,573 at 6%; with 100% employer match about $163,770 at 4% or $109,180 at 6%. |
| 2016 | 1 | 14 | $1,103,905 | $76,261 | $5,447iApproximate average salary by contribution assumption: employee only about $136,180 at 4% or $90,787 at 6%; with 50% employer match about $90,787 at 4% or $60,525 at 6%; with 100% employer match about $68,090 at 4% or $45,393 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 14 | $1,103,905 | $76,261 | $5,447iApproximate average salary by contribution assumption: employee only about $136,180 at 4% or $90,787 at 6%; with 50% employer match about $90,787 at 4% or $60,525 at 6%; with 100% employer match about $68,090 at 4% or $45,393 at 6%. |
| 2015 | 1 | 15 | $1,020,566 | $88,205 | $5,880iApproximate average salary by contribution assumption: employee only about $147,008 at 4% or $98,006 at 6%; with 50% employer match about $98,006 at 4% or $65,337 at 6%; with 100% employer match about $73,504 at 4% or $49,003 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 15 | $1,020,566 | $88,205 | $5,880iApproximate average salary by contribution assumption: employee only about $147,008 at 4% or $98,006 at 6%; with 50% employer match about $98,006 at 4% or $65,337 at 6%; with 100% employer match about $73,504 at 4% or $49,003 at 6%. |
| 2014 | 1 | 10 | $981,276 | $70,989 | $7,099iApproximate average salary by contribution assumption: employee only about $177,473 at 4% or $118,315 at 6%; with 50% employer match about $118,315 at 4% or $78,877 at 6%; with 100% employer match about $88,736 at 4% or $59,158 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 10 | $981,276 | $70,989 | $7,099iApproximate average salary by contribution assumption: employee only about $177,473 at 4% or $118,315 at 6%; with 50% employer match about $118,315 at 4% or $78,877 at 6%; with 100% employer match about $88,736 at 4% or $59,158 at 6%. |
| 2013 | 1 | 10 | $910,441 | $72,041 | $7,204iApproximate average salary by contribution assumption: employee only about $180,103 at 4% or $120,068 at 6%; with 50% employer match about $120,068 at 4% or $80,046 at 6%; with 100% employer match about $90,051 at 4% or $60,034 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 10 | $910,441 | $72,041 | $7,204iApproximate average salary by contribution assumption: employee only about $180,103 at 4% or $120,068 at 6%; with 50% employer match about $120,068 at 4% or $80,046 at 6%; with 100% employer match about $90,051 at 4% or $60,034 at 6%. |
| 2012 | 1 | 11 | $669,844 | $72,375 | $6,580iApproximate average salary by contribution assumption: employee only about $164,489 at 4% or $109,659 at 6%; with 50% employer match about $109,659 at 4% or $73,106 at 6%; with 100% employer match about $82,244 at 4% or $54,830 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 11 | $669,844 | $72,375 | $6,580iApproximate average salary by contribution assumption: employee only about $164,489 at 4% or $109,659 at 6%; with 50% employer match about $109,659 at 4% or $73,106 at 6%; with 100% employer match about $82,244 at 4% or $54,830 at 6%. |
| 2011 | 1 | 8 | $553,526 | $58,745 | $7,343iApproximate average salary by contribution assumption: employee only about $183,578 at 4% or $122,385 at 6%; with 50% employer match about $122,385 at 4% or $81,590 at 6%; with 100% employer match about $91,789 at 4% or $61,193 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 8 | $553,526 | $58,745 | $7,343iApproximate average salary by contribution assumption: employee only about $183,578 at 4% or $122,385 at 6%; with 50% employer match about $122,385 at 4% or $81,590 at 6%; with 100% employer match about $91,789 at 4% or $61,193 at 6%. |
| 2010 | 1 | 7 | $498,710 | $60,221 | $8,603iApproximate average salary by contribution assumption: employee only about $215,075 at 4% or $143,383 at 6%; with 50% employer match about $143,383 at 4% or $95,589 at 6%; with 100% employer match about $107,538 at 4% or $71,692 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 7 | $498,710 | $60,221 | $8,603iApproximate average salary by contribution assumption: employee only about $215,075 at 4% or $143,383 at 6%; with 50% employer match about $143,383 at 4% or $95,589 at 6%; with 100% employer match about $107,538 at 4% or $71,692 at 6%. |
| 2009 | 1 | 6 | $393,231 | $52,532 | $8,755iApproximate average salary by contribution assumption: employee only about $218,883 at 4% or $145,922 at 6%; with 50% employer match about $145,922 at 4% or $97,281 at 6%; with 100% employer match about $109,442 at 4% or $72,961 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 6 | $393,231 | $52,532 | $8,755iApproximate average salary by contribution assumption: employee only about $218,883 at 4% or $145,922 at 6%; with 50% employer match about $145,922 at 4% or $97,281 at 6%; with 100% employer match about $109,442 at 4% or $72,961 at 6%. |
| 2008 | 1 | 8 | $0 | $0 | - |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 8 | - | - | - |
| 2007 | 1 | 9 | $342,886 | $49,930 | $5,548iApproximate average salary by contribution assumption: employee only about $138,694 at 4% or $92,463 at 6%; with 50% employer match about $92,463 at 4% or $61,642 at 6%; with 100% employer match about $69,347 at 4% or $46,231 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 9 | $342,886 | $49,930 | $5,548iApproximate average salary by contribution assumption: employee only about $138,694 at 4% or $92,463 at 6%; with 50% employer match about $92,463 at 4% or $61,642 at 6%; with 100% employer match about $69,347 at 4% or $46,231 at 6%. |
| 2006 | 1 | 8 | $274,971 | $42,609 | $5,326iApproximate average salary by contribution assumption: employee only about $133,153 at 4% or $88,769 at 6%; with 50% employer match about $88,769 at 4% or $59,179 at 6%; with 100% employer match about $66,577 at 4% or $44,384 at 6%. |
| Medicap Pharmacy 401(K) Profit Sharing Plan | - | 8 | $274,971 | $42,609 | $5,326iApproximate average salary by contribution assumption: employee only about $133,153 at 4% or $88,769 at 6%; with 50% employer match about $88,769 at 4% or $59,179 at 6%; with 100% employer match about $66,577 at 4% or $44,384 at 6%. |