Plan Snapshot
- Plan Sponsor: Dymax Corporation
- Sponsor EIN: 060917028
- Sponsor Address: 318 INDUSTRIAL LANE, TORRINGTON, CT, 06790
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $27.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 284 | $27.3M | $997,275 | $2.3M |
| 2023 | 290 | $22.3M | $946,438 | $2.0M |
| 2022 | 270 | $17.1M | $756,529 | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE PATRIOT FINANCIAL GROUP INSURAN | Other Service Provider | $36,633 | — | $36,633 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $34,872 | — | $34,872 |
| PASI, LLC | Other Service Provider | $13,657 | — | $13,657 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,162
- Estimated Expense Ratio: 0.312% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $85,162 | — | $85,162 | — | — |
| 2023 | $81,645 | $27,997 | $13,189 | $12,500 | — |
| 2022 | $54,379 | $15,219 | $39,160 | — | — |