Madison Iaq 401(k) plan

Madison Iaq LLC, Chicago, IL. EIN 82-3247004. Annual reports 2021–2024. Also filed as Nortek, Inc.

Madison Iaq LLC has one active retirement plan on file, the Madison Air 401(k) Plan, with 5,014 participants and $280 million in assets in 2024. Schwab has been its recordkeeper since 2021. No traditional pension plan appears in Madison Iaq's filings since 2021.

Active plans: 1
Participants: 5,014
Plan assets: $280 million
401(k) recordkeeper: Schwab
Plans on file: 1
Industry: Manufacturing

The plan

Madison Air 401(k) Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 82-3247004
Participants (2024): 5,014
Net assets (2024): $280 million
Recordkeeper: Schwab2021–2024
Plan administrator: Madison Iaq LLC
444 W. Lake ST., Suite 4460
Chicago, IL 60606
(541) 908-1398As filed for 2024
In effect since: January 1, 2021

Earlier sponsor: Nortek, Inc. (2021–2023).

Earlier plan names: Nortek 401(k) Plan.

Year by year, 2021 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	5,014	$280 million	Schwab
2023	3,395	$204 million	Schwab
2022	3,111	$177 million	Schwab
2021	3,131	$215 million	Schwab

If you had money in one of these plans

Call Schwab (schwab.com), which runs the Madison Air 401(k) Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((541) 908-1398). That number was filed for 2024; ask for the benefits or retirement plan office.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

The plan

Madison Air 401(k) Plan

If you had money in one of these plans

What these numbers are

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