401k Record

Employers › Dynatronics

Dynatronics 401(k)

Filed as negative.Schedule H line 2i(3) is reported as -$2,561. The filing is shown as received; the derived figures below treat a negative amount as zero, and a percentile is only shown for positive values.

Total assets, end of year · Dynatronics Corporation Retirement Plan · plan year 2024

$17,410,455

214 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.

Source

Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251112140450NAL0000317152001, received 2025-11-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251112140450NAL0000317152001, received 2025-11-12

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-11-12.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses excluding investment management, per participant

$0.00

Fewer than 50 comparable plans report this figure; no percentile.

Source

= $0 / 214
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251112140450NAL0000317152001, received 2025-11-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251112140450NAL0000317152001, received 2025-11-12

Administrative expenses per participant

$0.01

10th: $26.86median $197.2590th: $456.10

Higher than 0% of the 25,098 plans $10 to 50M that report it.

Source

= $2 / 214
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251112140450NAL0000317152001, received 2025-11-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251112140450NAL0000317152001, received 2025-11-12

Administrative expenses as a share of assets

0.000%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 0% of the 25,132 plans $10 to 50M that report it.

Source

= $2 / $17,410,455
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251112140450NAL0000317152001, received 2025-11-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251112140450NAL0000317152001, received 2025-11-12

Employer contributions per participant

$570

10th: $664median $2,07490th: $4,751

Higher than 8% of the 24,050 plans $10 to 50M that report it.

Source

= $122,006 / 214
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251112140450NAL0000317152001, received 2025-11-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251112140450NAL0000317152001, received 2025-11-12

Employer share of total contributions

12.8%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 10% of the 24,084 plans $10 to 50M that report it.

Source

= $122,006 / $949,505
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251112140450NAL0000317152001, received 2025-11-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251112140450NAL0000317152001, received 2025-11-12

Plan terms, as stated in Dynatronics Corporation's SEC filings

Employer match

“For fiscal year 2025 and 2024 the Company made matching contributions of 50% of the first 6% of each employee's contribution up to a maximum of $3,000, with a four-year vesting schedule.”

Form 10-K filed 2025-10-14, for the year ended 2025-06-30 · benefits note, 10-K benefits note · source document

Vesting

“For fiscal year 2025 and 2024 the Company made matching contributions of 50% of the first 6% of each employee's contribution up to a maximum of $3,000, with a four-year vesting schedule.”

Form 10-K filed 2025-10-14, for the year ended 2025-06-30 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-06-30. Figures cover plan year 2024. The plan document governs.

Plan features

2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · 2E profit-sharing · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251112140450NAL0000317152001, received 2025-11-12

Full record, Dynatronics Corporation Retirement Plan

FieldValueSource
Plan sponsorDYNATRONICS CORPORATIONForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251112140450NAL0000317152001, received 2025-11-12
Plan nameDYNATRONICS CORPORATION RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251112140450NAL0000317152001, received 2025-11-12
Sponsor EIN / plan number87-0398434 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251112140450NAL0000317152001, received 2025-11-12
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251112140450NAL0000317152001, received 2025-11-12
Sponsor locationEAGAN, MNForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251112140450NAL0000317152001, received 2025-11-12
Industry (business code)339900, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251112140450NAL0000317152001, received 2025-11-12
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251112140450NAL0000317152001, received 2025-11-12
Filing received2025-11-12Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251112140450NAL0000317152001, received 2025-11-12
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251112140450NAL0000317152001, received 2025-11-12
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251112140450NAL0000317152001, received 2025-11-12
Participants, beginning of year147Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251112140450NAL0000317152001, received 2025-11-12
Active participants112Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251112140450NAL0000317152001, received 2025-11-12
Participants, end of year225Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251112140450NAL0000317152001, received 2025-11-12
Participants with an account balance214Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251112140450NAL0000317152001, received 2025-11-12
Total assets, beginning of year$7,694,238Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251112140450NAL0000317152001, received 2025-11-12
Total assets, end of year$17,410,455Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251112140450NAL0000317152001, received 2025-11-12
Net assets, end of year$17,410,455Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251112140450NAL0000317152001, received 2025-11-12
Total income$2,321,930Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251112140450NAL0000317152001, received 2025-11-12
Net income$1,222,977Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251112140450NAL0000317152001, received 2025-11-12
Employer contributions$122,006Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251112140450NAL0000317152001, received 2025-11-12
Participant contributions$395,230Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251112140450NAL0000317152001, received 2025-11-12
Other contributions (incl. rollovers)$432,269Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251112140450NAL0000317152001, received 2025-11-12
Total contributions$949,505Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251112140450NAL0000317152001, received 2025-11-12
Benefit payments$1,091,226Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251112140450NAL0000317152001, received 2025-11-12
Total expenses (incl. benefit payments)$1,098,953Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251112140450NAL0000317152001, received 2025-11-12
Total administrative expenses$2Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251112140450NAL0000317152001, received 2025-11-12
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251112140450NAL0000317152001, received 2025-11-12
Recordkeeping fees-$2,561 (filed as negative)Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251112140450NAL0000317152001, received 2025-11-12
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251112140450NAL0000317152001, received 2025-11-12
Investment advisory and management fees$2,563Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251112140450NAL0000317152001, received 2025-11-12
Administrative expenses excluding investment management$0derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251112140450NAL0000317152001, received 2025-11-12
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251112140450NAL0000317152001, received 2025-11-12
Held in common/collective trusts$257,320Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251112140450NAL0000317152001, received 2025-11-12
Held in mutual funds$16,367,252Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251112140450NAL0000317152001, received 2025-11-12
Independent auditorVALENTINE & CALDWELL CPSS, PCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251112140450NAL0000317152001, received 2025-11-12

Position = column in the DOL layout for form year 2024. Filing 20251112140450NAL0000317152001, received 2025-11-12.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $-2,561yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251112140450NAL0000317152001, received 2025-11-12.

What changed since the 2023 plan year

Figure20232024Change
Total assets$7,694,238$17,410,455126.3%
Participants with a balance14121451.8%
Administrative expenses$-4,778$2
Recordkeeping fees per participantnot reportednot reported
Employer contributions$101,511$122,00620.2%

Prior filing 20240815135925NAL0013138833001, received 2024-08-15; the plan years are contiguous.

Alerts, claims and corrections

Alert me when this filing changes

One email when a new Form 5500 for Dynatronics Corporation Retirement Plan appears in the Department of Labor data. Confirmation link first; unsubscribe link in every email.

Claim this plan

For the sponsor or its plan administrator: request to verify or annotate this page. A work email address at the sponsor speeds up verification.

Report a correction

Every figure is reproduced from the filing with its source. Tell us which figure and what the filing says instead.

Sponsor name as filed: DYNATRONICS CORPORATION; SEC registrant: DYNATRONICS CORP (CIK 720875, matched by EIN; display name from the Form 10-K cover).