Form 5500 · Employee benefit plan · SODUS, NY
DYNALEC CORPORATION
The filing calls this plan DYNALEC CORPORATION HEALTH & WELFARE BENEFITS PLAN.
DYNALEC CORPORATION of SODUS, NY is a 134-participant manufacturing employer whose group benefits are disclosed in its annual Form 5500 filing. Its broker of record is PAYCHEX AGENCY. Coverage is written through MVP HEALTHCARE and 4 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 16-0843235 · plan 501 · plan year 2025, filed Aug 17, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: death benefits.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 5 insured contracts covering health, dental, vision, life and disability; the largest, with MVP HEALTHCARE, covers 149 people.
Reported premium across the insured contracts is $1,576,700, with $72,574 in disclosed broker commissions — about 4.6% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
PAYCHEX AGENCY is the broker of record on 1 of the 5 contracts; the rest name a different broker or none.
5 carriers appear on the filing, including MVP HEALTHCARE, PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY, FIRST UNUM LIFE INSURANCE COMPANY and UNUM LIFE INSURANCE COMPANY OF AMERICA. MVP HEALTHCARE writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| MVP HEALTHCARE | Health | 149 | Jan 1, 2026 | $1,429,639 | $54,671 |
| FIRST UNUM LIFE INSURANCE COMPANY | Disability | 54 | Jan 1, 2026 | $55,939 | $8,591 |
| PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY | Dental | 87 | Jan 1, 2026 | $69,313 | $6,931 |
| UNUM LIFE INSURANCE COMPANY OF AMERICA | Life | 135 | Jan 1, 2026 | $12,825 | $1,483 |
| EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INS. CO. OF NY | Vision | 201 | Jan 1, 2026 | $8,984 | $898 |
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Reported to OSHA
Reported to OSHA for 2025: 131 employees, 0 recordable cases, 0 days away from work.
Source: OSHA Injury Tracking Application establishment data, 2025.
Other plans filed by this employer
How this plan compares
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