Thought you already had the basics of wiring.
Would be nice if Nep had been able to update the wiring page on the wiki -- BTW Saint, it's July.

How's the wiki reload going?

jk
This is for single color LED buttons like these.

The LEDs plug into the socket (right black piece below) which has two .25" QD terminals that straddle the microswitch.

The power comes from the molex connector red (5v) or yellow (12v) wire.
The power is daisy chained to the right side of all of the LED button sockets.
Ground is daisy chained to the left side of all of the LED button sockets and returns to the black wire on the molex.
One way to understand wiring is to compare it to plumbing.
The daisy chain ground is like a drain for the water from the sinks and showers.
The power daisy chain is like the water supply to your house and the LED sockets are like open faucets in the sinks, shower, etc.
You can have water flowing from multiple faucets at the same time. (a parallel circuit)
The water only flows when there is a path for it to follow -- if all the faucets are closed, water can't flow.
The attached photo shows pretty much everything you will need to light your LEDs.
The molex splitter (lower right) red wire (5v) is connected via the alligator clamp wire to the red daisy chain.
The red daisy chain connects to the positive side of all the LED sockets.
The black daisy chain connects to the negative side of all the LED sockets.
The black alligator clamp connects the black daisy chain to the black wire on the molex. (there are two black wires, either one will work)
Substitute butt splice connections for the alligator clamp connections and this is exactly what you need.
That completes the lighting circuit.

If one of the LEDs doesn't light when power is applied, unplug it from the socket and turn it 180 degrees -- they are often installed the wrong way -- it won't hurt them.
You can either buy pre-made daisy chains from Paradise Arcade
here and
here or you can make your own using wire and .25" QDs.
Scott