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Form 5500 · Employee benefit plan · HUNTSVILLE, AL

DYNETICS, INC.

The filing calls this plan DYNETICS, INC. EMPLOYEE HEALTH & WELFARE PLAN.

DYNETICS, INC. of HUNTSVILLE, AL files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is MERCER HEALTH & BENEFITS LLC. Coverage is written through PRUDENTIAL INSURANCE COMPANY OF AMERICA and 3 other carriers. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 63-0670881 · plan 520 · plan year 2023, filed Dec 10, 2024

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589 other employer plans in Alabama have policy years ending in December. See the full list on the renewal calendar, or ask for it in Claude or ChatGPT.

How this plan is funded

Fully insured as reported

The plan's own financial statement reports paying insurance carriers about what the insurance contracts report in premium.

All participants at the start of the year
2,437
Active at start of year
2,342
Active at end of year
2,423
Disclosed commissions
$218,759
Typical renewal
January 1

Benefits declared on this filing

Healthinsured — FOUR EVER LIFE INS CO.
Dentaldeclared, no contract here says it covers this
Visioninsured — VISION SERVICE PLAN1,842 of 2,437 participants (76%)
Lifeinsured — PRUDENTIAL INSURANCE COMPANY OF AMERICA3,207 of 2,437 participants
Disabilityinsured — UNITED OF OMAHA LIFE INSURANCE COMPANY1,581 of 2,437 participants (65%) on the largest contract

2 contracts on this filing do not say which benefits they cover, so a line above may be insured by one of them.

Also declared: death benefits, other welfare.

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.

Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.

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 7 insured contracts covering health, vision, life and disability; the largest, with PRUDENTIAL INSURANCE COMPANY OF AMERICA, covers 3,207 people.

The filing declares health, vision, life, disability and dental. Dental appears with no insured contract on Schedule A. That coverage may be self-funded, placed with a carrier that is not on this filing, or written on one of the 2 contracts here that do not say what they cover.

Reported premium across the insured contracts is $2,615,254, with $218,759 in disclosed broker commissions — about 8.4% 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.

MERCER HEALTH & BENEFITS LLC is the broker of record on 5 of the 7 contracts; the rest name a different broker or none.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
UNITED OF OMAHA LIFE INSURANCE COMPANYDisability1,581Jan 1, 2024$709,493$85,139
UNITED OF OMAHA LIFE INSURANCE COMPANY—1,247Jan 1, 2024$220,563$37,496
VISION SERVICE PLANVision1,842Jan 1, 2024$437,310$37,127
UNITED OF OMAHA LIFE INSURANCE COMPANYDisability2,253Jan 1, 2024$306,118$36,734
UNITED OF OMAHA LIFE INSURANCE COMPANY—1,247Jan 1, 2024$123,314$20,963
FOUR EVER LIFE INS CO.Health0Jan 1, 2024$16,292$1,300
PRUDENTIAL INSURANCE COMPANY OF AMERICALife3,207Jan 1, 2024$802,164$0

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.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
DYNETICS, INC.
EIN 63-0670881
AMERICAN BEHAVIORAL BENEFIT MGRS
Claims processing · EIN 63-1030881
$930,639
paid directly by the plan
DELTA DENTAL INSURANCE COMPANY
Claims processing · EIN 94-2761537
$271,422
paid directly by the plan
RXBENEFITS, INC
Claims processing · EIN 63-1157085
$25,113
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 2,032 employees, 3 recordable cases, 0 days away from work.

EmployeesThe company's own average for the year
2,032
Hours worked
4,096,583
Recordable cases
3
Days away from work
0

Source: OSHA Injury Tracking Application establishment data, 2025.

Money the plan held and paid out

Plan assets at year end
$2,028,196
Paid out in benefits
$33,706,322
Paid to insurance carriersSchedule H, line 2e(2)
$2,568,938
Accountant's opinion (Schedule H, line 3a)
Unmodified

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.

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Renewal calendar

589 other employer plans in Alabama are January 1 renewals (policy year ends December).

Their policy years end in December, like this plan’s, so most renew January 1. The calendar lists every insured group by renewal date and state, with broker of record, carrier and disclosed commission. You can preview the five largest in each month for free.

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