Plan Ledger DOL Form 5500 · updated monthly

Dynalec Corporation401(k)

DYNALEC CORPORATION PROFIT SHARING 401(K) PLAN · SODUS, NY · plan year 2025

Reported admin expense ratio · 2025
0.30%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Dynalec Corporation reported $94,182 in plan administrative expenses for 2025: 0.30% of average plan assets, above the peer median. Employer contributions averaged $18,579 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.50% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,759th-largest of 5,648 plans among New York employers on file, and the 4,037th of 13,661 in manufacturing. In 2025, the employer put in $3.93 for every $1.00 employees contributed themselves; active participation has grown from 109 to 124 since 2022.

Plan summary
Net assets, end of year$34,877,235
Participants with balances128
Active participants124
Employer contributions$2,303,791
Employee contributions$586,734
Employer contribution per active participant$18,579
Average account balance$272,478
Benefits paid to participants$1,293,524
Plan auditUnmodified (clean) audit opinion
AuditorFLAHERTY SALMIN, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$34.9M · 128 accts · $2.3M emplr
2024$28.8M · 126 accts · $882K emplr
2023$25.5M · $269K emplr
2022$20.7M · 115 accts · $1.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$94,182
Total administrative$94,182
The Dynalec Corporation 401(k) match · 2025
Employer contribution per active participant$18,579
Median for plans this size$2,666
2025$18,579 per active participant
2024$7,115 per active participant
2023$2,398 per active participant
2022$9,755 per active participant

Dynalec Corporation's 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$39,022
SECURITY ADMINISTRATORS INC · Recordkeeping · Loan processing$5,000
WEALTH ENHANCEMENT ADVISORY SERVICE · Investment advisory (plan)$35,259
FLAHERTY SALMIN, LLP · Accounting / audit$14,900

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025SECURITY ADMINISTRATORS INC, Transamerica
2024BENEFITS MANAGEMENT, INC., SECURITY ADMINISTRATORS, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Dynalec Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$94,182 · 0.30%
2024$88,656 · 0.33%
2023$92,047 · 0.40%
2022$122,856 · 0.50%
Same employer
Similar plansManufacturing · New York
Ames Goldsmith Corp. NY$36.8M · 0.02%
Mod-Pac Corp. NY$36.1M · 0.10%
Precipart Corporation NY$35.2M · 0.31%
Feldmeier Equipment, Inc. NY$34.5M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 160843235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.