Plan Ledger DOL Form 5500 · updated monthly

Photon Brothers Inc401(k)

PHOTON BROTHERS INC 401(K) PLAN · WESTMINSTER, CO · plan year 2024

Reported admin expense ratio · 2024
1.10%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Photon Brothers Inc reported $23,941 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,410 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (1,257th of 1,461), and 10,828th of 11,654 in professional & technical services. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,167,953
Participants with balances118
Active participants93
Employer contributions$317,149
Employee contributions$540,929
Employer contribution per active participant$3,410
Average account balance$18,372
Benefits paid to participants$216,495
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,264
Investment management$12,677
Total administrative$23,941
The Photon Brothers Inc 401(k) match · 2024
Employer contribution per active participant$3,410
Median for plans this size$1,313

Photon Brothers Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$8,129
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$3,135
RAYMOND JAMES FIN. SERVICES ADVSIOR · Investment advisory (plan)$12,677

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$23,941 · 1.10%
Same employer
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Safegraph CO$2.4M · 0.11%
Wjh, LLC CO$2.3M · 0.26%
Fix-It Group, LLC CO$2.2M · 1.44%
Havenly, Inc. CO$1.9M · 0.21%
Pethero Inc. CO$1.8M · 0.16%
Breeze Thru Car Wash LLC CO$1.6M · 1.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463430499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.