401(k) · DOL Form 5500 · 2023

Dynalec Corporation 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
105
Participants
77th
Percentile by assets
$242,962
Avg per participant
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Official DOL plan name: Dynalec Corporation Profit Sharing 401(k) Plan · Sponsored by Dynalec Corporation · New York · Manufacturing

$26M in assets, 105 participants

Dynalec Corporation's Dynalec Corporation Profit Sharing 401(k) Plan reported $26M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 77th percentile by assets (of 127,072 plans)
  • #12,704 in Manufacturing (18,722 peers)

Coverage in New York

Dynalec Corporation Profit Sharing 401(k) Plan covers 105 participants in New York, about 13% of the average New York filer (state average ~798 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY)
105
covered participants
77th
percentile by assets (of 127,072 plans)
$242,962
avg assets per participant

Where Dynalec Corporation Profit Sharing 401(k) Plan sits by total assets

Dynalec Corporation Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,511,027 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Dynalec Corporation Profit Sharing 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Dynalec Corporation Profit Sharing 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Dynalec Corporation Profit Sharing 401(k) Plan reported participants fell from 124 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
New York
Industry
Manufacturing

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Dynalec Corporation Profit Sharing 401(k) Plan reports 105 participants - about 13% of that state average ($26M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN160843235
Plan Effective Date1966-07-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Dynalec Corporation)

$15M$20M$25M$30M 202220232024 $20.7M $28.8M ▲ +39.2%
Total plan assets by year, all Dynalec Corporation plans on file
Year Plans Participants Total Assets
2022 1 124 $21M
2023 1 105 $26M
2024 1 115 $29M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Dynalec Corporation Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Dynalec Corporation Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Dynalec Corporation …IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
Dynalec Corporation Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Dynalec Corporation Profit Sharing 401(k… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Dynalec Corporation Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Dynalec Corporation Profit Sharing 401(k) Plan assets move in 2023? ▼
Dynalec Corporation Profit Sharing 401(k) Plan grew sharply - up 23.5% during 2023, from $21M to $26M. Reported net income was $5M.
How have Dynalec Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Dynalec Corporation's sponsor-wide assets grew 39.2%, from $21M to $29M.
Where does Dynalec Corporation Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Dynalec Corporation Profit Sharing 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Dynalec Corporation Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Impac Mortgage Corp. 401(k) Savings Plan in CA ($26M, 127 participants).

Next read for Dynalec Corporation Profit Sharing 401(k…

Filing takeaways

Ways to act on Dynalec Corporation Profit Sharing 401(k) Plan's numbers.

  • By total assets, Dynalec Corporation Profit Sharing 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • Dynalec Corporation's sponsor-wide assets have grown 39.2% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 160843235.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.