Retirement plan

DYNACQ HEALTHCARE, INC. 401(K) PLAN

Name: DYNACQ HEALTHCARE, INC. - DYNACQ HEALTHCARE, INC. 401(K) PLAN (2021) Form 5500
Creator: DYNACQ HEALTHCARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DYNACQ HEALTHCARE, INC. 401(K) PLAN, DYNACQ HEALTHCARE, INC.

DYNACQ HEALTHCARE, INC.EIN 76-0375477Plan #001PY 2021

4301A VISTA ROAD - PASADENA, TX 775042117713-378-2000dynacq.comLinkedIn11-50 employeesinternational trade and development

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$2.9M

+15.9% from 2020

Total participants

171

+1.2% from 2020

Average account balance

$42,036

+7.5% from 2020

Annual return

12.50%

-1.28 pp from 2020

Benchmarks

See 265 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort265 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.34M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

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.

77.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$208K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2263

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY7+ years Filed as: VOYA RETIREMENT INS. AND ANNUITY CO Service code 26 · EIN 71-0294708	Advisory (Participants)	$1,245
MALCOLM THOMPSON & ASSOCIATES1 year Filed as: MALCOLM THOMPSON AND ASSOCIATES Service code 49 20445 STATE HIGHWAY 249 · HOUSTON, TX 77070	Other Services	$0
ROYAL ALLIANCE ASSOCIATES INC1 year Filed as: ROYAL ALLIANCE ASSOCIATES, INC. Service code 55 10 EXCHANGE PL · JERSEY CITY, NJ 07302	Other Commissions	$0
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA FINANCIAL ADVISORS, INC. Service code 55 ORANGE WAY · WINDSOR, CT 06095	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$28 / participant

Contract admin$4K100.0%

% of EOY assets

0.128%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,036

$82,130-48.8%

$453,569-90.7%

$79,389-47.1%

Participation rate

22.7%

73.4%-50.6pp

78.0%-55.3pp

70.7%-48.0pp

Annual return

12.50%

345.31%-332.8pp

64.43%-51.9pp

116.89%-104.4pp

Employer contribution / active EE

$136

$2,659-94.9%

$4,072-96.7%

$2,428-94.4%

Participant deferral / active EE

$1,403

$4,314-67.5%

$6,211-77.4%

$4,046-65.3%

Admin fee / account holder

$54

$531-89.9%

$11,214-99.5%

$626-91.4%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY7+ years

Filed as: VOYA RETIREMENT INS. AND ANNUITY CO

Service code 26 · EIN 71-0294708

Advisory (Participants)

$1,245

MALCOLM THOMPSON & ASSOCIATES1 year

Filed as: MALCOLM THOMPSON AND ASSOCIATES

Service code 49

20445 STATE HIGHWAY 249 · HOUSTON, TX 77070

Other Services

ROYAL ALLIANCE ASSOCIATES INC1 year

Filed as: ROYAL ALLIANCE ASSOCIATES, INC.

Service code 55

10 EXCHANGE PL · JERSEY CITY, NJ 07302

Other Commissions

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA FINANCIAL ADVISORS, INC.

Service code 55

ORANGE WAY · WINDSOR, CT 06095

Other Commissions

DYNACQ HEALTHCARE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DYNACQ HEALTHCARE, INC. 401(K) PLAN

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