Dynabrade, Inc. Profit Sharing/401(K) Savings And Retirement Plan — Form 5500 plan (Dynabrade, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Dynabrade, Inc. Profit Sharing/401(K) Savings And Retirement Plan is a benefit plan reported by Dynabrade, Inc. under EIN 16-0950182 and plan number 002. The latest loaded filing year is 2023. The filing reports 274 participants and $27,521,195 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Dynabrade, Inc.
EIN
16-0950182
Plan number
002
Plan type
2
Location
Clarence, NY
Latest filing year
2023
Participants
274
End-of-year plan assets
$27,521,195

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023274H, C20240813100646NAL0017761520001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,521,195
Total liabilities (EOY)
$0
Net assets (EOY)
$27,521,195
Net assets (BOY)
$25,203,256

Income & contributions

Employer contributions
$31,916
Participant contributions
$1,332,972
Total contributions
$2,968,608
Total income / additions
$7,067,718

Expenses & distributions

Benefits paid
$4,701,224
Administrative expenses
$48,555
Total expenses
$4,749,779
Net increase / (decrease)
$2,317,939

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$48,554$02023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages