Plan Snapshot
- Plan Sponsor: Dynamic Air INC.
- Sponsor EIN: 410954975
- Sponsor Address: 1125 WILLOW LAKE BLVD, SAINT PAUL, MN, 551105128
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 125
- Total Assets: $20.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 125 | $20.2M | $0 | $0 |
| 2024 | 81 | $17.7M | $41,108 | $487,309 |
| 2023 | 85 | $16.0M | $43,155 | $426,460 |
| 2022 | 69 | $13.9M | $37,571 | $383,134 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $52,114 | — | $52,114 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | — | $23,748 | $23,748 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,862
- Estimated Expense Ratio: 0.376% 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 |
|---|---|---|---|---|---|
| 2025 | $748,333 | — | $52,115 | — | — |
| 2024 | $48,987 | — | $48,987 | — | — |
| 2023 | $12,550 | — | $12,550 | — | — |
| 2022 | $5,395 | — | $5,395 | — | — |