Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

DYNETICS, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

DYNETICS, INC.

This Profit Sharing plan holds $557M in total assets and serves 3,010 participants as of 2022. It is sponsored by DYNETICS, INC. in Alabama. The plan reported a net loss of $315M for the year.

Total Assets (2023)
$557M
Participants
3,010
State
Industry
Professional & Technical Services

What the Filing Says About DYNETICS, INC. 401(K) PLAN

DYNETICS, INC. 401(K) PLAN is a Profit Sharing retirement plan sponsored by DYNETICS, INC., headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $557M in total end-of-year assets and covers 3,010 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 630670881, and the plan has been effective since 1981-06-21. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.1B at the beginning of 2022 to $557M at year-end — a decline of 48.2%. Net assets (after liabilities) closed the year at $557M, with reported net income of $-314,730,696 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.1B
Total Assets (End of Year)$557M
Net Assets (End of Year)$557M
Net Income$-314,730,696
Plan TypeProfit Sharing
Employer EIN630670881
Plan Effective Date1981-06-21
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

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Frequently Asked Questions

How much money is in the DYNETICS, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, DYNETICS, INC. 401(K) PLAN holds $557M in total assets with 3,010 participants. It is sponsored by DYNETICS, INC..
What type of plan is DYNETICS, INC. 401(K) PLAN?
DYNETICS, INC. 401(K) PLAN is a Profit Sharing plan. It has been effective since 1981-06-21. The plan is filed with the U.S. Department of Labor under EIN 630670881.
Who sponsors the DYNETICS, INC. 401(K) PLAN?
DYNETICS, INC. 401(K) PLAN is sponsored by DYNETICS, INC., located in Alabama. The sponsor's EIN is 630670881 and the plan operates in the Professional & Technical Services industry.
How did DYNETICS, INC. 401(K) PLAN perform in 2022?
DYNETICS, INC. 401(K) PLAN declined by 48.2% during 2022, moving from $1.1B to $557M in total assets. Net income was $-314,730,696.
Where can I find official filings for DYNETICS, INC. 401(K) PLAN?
Official Form 5500 filings for DYNETICS, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630670881 or plan name at efast.dol.gov.
How does DYNETICS, INC. 401(K) PLAN compare to other plans?
You can compare DYNETICS, INC. 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 630670881.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.