Plan Snapshot
- Plan Sponsor: Dynatronics Corporation
- Sponsor EIN: 870398434
- Sponsor Address: 1200 TRAPP ROAD, EAGAN, MN, 55121
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $17.4M
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. |
|---|---|---|---|---|
| 2024 | 112 | $17.4M | $122,006 | $395,230 |
| 2023 | 69 | $7.7M | $101,511 | $429,226 |
| 2022 | 112 | $7.8M | $131,064 | $542,125 |
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 |
|---|---|---|---|---|
| VALENTINE & CALDWELL CPSS, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2 | $2,563 | — | — | — |
| 2023 | -$4,778 | $1,560 | — | — | — |
| 2022 | -$3,260 | $1,130 | — | — | — |