The Dynamic Group, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (The Dynamic Group, 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, The Dynamic Group, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by The Dynamic Group, Inc under EIN 41-1987904 and plan number 002. The latest loaded filing year is 2023. The filing reports 139 participants and $11,857,751 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.9MPlan net assets, end of year$11,857,751
Participants139Covered participants reported
Assets / participant$85.3KComputed: assets ÷ participants$85,308 (computed)
Provider compensation$6.3K2 Schedule C provider row(s)$6,290
- Plan sponsor
- The Dynamic Group, Inc
- EIN
- 41-1987904
- Plan number
- 002
- Plan type
- 2
- Location
- Ramsey, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 139 | H, C | 20240917163921NAL0001922979001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$11.9M total assets
Net assets$11.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,857,751
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,857,751
- Net assets (BOY)
- $10,099,295
Income & contributions
- Employer contributions
- $55,895
- Participant contributions
- $476,413
- Total contributions
- $533,491
- Total income / additions
- $2,542,446
Expenses & distributions
- Benefits paid
- $777,700
- Administrative expenses
- $6,290
- Total expenses
- $783,990
- Net increase / (decrease)
- $1,758,456
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
89%
Employer 11%Participant 89%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $5,477 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $813 | $0 | 2023 |