Retirement plan

DYNAMIS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: DYNAMIS, INC. - DYNAMIS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: DYNAMIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DYNAMIS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, DYNAMIS, INC.

DYNAMIS, INC.EIN 26-1943446Plan #001PY 2018

8260 WILLOW OAKS CORPORATE DRIVE, SUITE 800 - FAIRFAX, VA 220314504703-465-4400dynamis.comLinkedIn51-200 employeesdefense & space

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.7M

+5.6% from 2017

Total participants

140

-5.4% from 2017

Average account balance

$43,969

+3.6% from 2017

Annual return

-3.95%

-25.60 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$9.72M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$82K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

118

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

68.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.65%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$278

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC3 years Service code 27 · EIN 74-2794194	Advisory (Plan)	$22,099
PRINCIPAL LIFE INSURANCE COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$10,736

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$33K

$307 / participant

Investment mgmt$22K67.3%
Contract admin$11K32.7%

% of EOY assets

0.691%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KOSITZKA, WICKS, AND COMPANY
Auditor EIN: 541342298
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,969

$73,102-39.9%

$123,553-64.4%

$56,289-21.9%

Participation rate

70.1%

74.3%-4.2pp

82.3%-12.2pp

69.9%+0.2pp

Annual return

-3.95%

3.01%-7.0pp

119.21%-123.2pp

-9.96%+6.0pp

Employer contribution / active EE

$3,287

$2,977+10.4%

$4,628-29.0%

$2,111+55.7%

Participant deferral / active EE

$6,431

$5,423+18.6%

$6,426+0.1%

$3,350+92.0%

Admin fee / account holder

$304

$554-45.1%

$9,284-96.7%

$521-41.6%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC3 years

Service code 27 · EIN 74-2794194

Advisory (Plan)

$22,099

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$10,736

DYNAMIS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DYNAMIS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion