2023 Form 5500 filing — Dynamic Aviation Group, Inc. 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011155837NAL0012729379001) for Dynamic Aviation Group, Inc. 401(K) Profit Sharing Plan, reported by Dynamic Aviation Group, Inc. under EIN 54-1836461 and plan number 001. It reports 732 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011155837NAL0012729379001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Dynamic Aviation Group, Inc.
- EIN
- 54-1836461
- Plan number
- 001
- Location
- Bridgewater, VA
- Participants
- 732
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $39,376,383
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,376,383
- Employer contributions
- $493,001
- Participant contributions
- $2,762,060
- Total income / additions
- $9,723,039
- Benefits paid
- $3,106,068
- Administrative expenses
- $173,330
- Total expenses
- $3,279,398
- Net increase / (decrease)
- $6,443,641
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $173,330 | $0 |
| Principal Securities Inc | OTHER SERVICES | $0 | $61,694 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |