Plan Ledger DOL Form 5500 · updated monthly

Dynax America Corporation401(k)

DYNAX AMERICA 401(K) PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Dynax America Corporation reported $8,500 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,022 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 has held roughly steady near 0.047%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,031st-largest of 2,266 plans among Virginia employers on file, and the 6,144th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 417 to 526 since 2022.

Plan summary
Net assets, end of year$18,855,711
Participants with balances814
Active participants526
Employer contributions$537,589
Employee contributions$932,090
Employer contribution per active participant$1,022
Average account balance$23,164
Benefits paid to participants$3,152,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 814 accts · $538K emplr
2023$17.7M · 781 accts · $512K emplr
2022$14.3M · 645 accts · $392K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,500
Total administrative$8,500
The Dynax America Corporation 401(k) match · 2024
Employer contribution per active participant$1,022
Median for plans this size$2,416
2024$1,022 per active participant
2023$1,074 per active participant
2022$940 per active participant

Dynax America Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$8,275

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,500 · 0.05%
2023$6,050 · 0.04%
2022$7,400 · 0.05%
Same employer
Similar plansManufacturing · Virginia
Vbrick Systems, Inc. VA$19.0M · 0.07%
Banker Steel Holdco LLC VA$18.9M · 0.56%
Cornet Technology, Inc VA$18.6M · 0.20%
Scout Motors, Inc. VA$18.5M · 0.23%
Cuisine Solutions, Inc. VA$17.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311652511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.