Plan Ledger DOL Form 5500 · updated monthly

Photronics, Inc.401(k)

PHOTRONICS PROFIT SHARING AND SAVINGS PLAN · BROOKFIELD, CT · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Photronics, Inc. reported $45,409 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,464 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.

Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 251st-largest of 1,106 plans among Connecticut employers on file, and the 2,466th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,021,230
Participants with balances482
Active participants371
Employer contributions$1,285,082
Employee contributions$3,168,437
Employer contribution per active participant$3,464
Average account balance$145,272
Benefits paid to participants$8,245,502
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.0M · 482 accts · $1.3M emplr
2023$64.0M · 487 accts · $617K emplr
2022$53.5M · 473 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,409
Total administrative$45,409
The Photronics, Inc. 401(k) match · 2024
Employer contribution per active participant$3,464
Median for plans this size$3,635
2024$3,464 per active participant
2023$1,641 per active participant
2022$1,423 per active participant

Photronics, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,409

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

Administrative cost history3
2024$45,409 · 0.07%
2023$45,320 · 0.08%
2022$46,012 · 0.08%
Same employer
Similar plansManufacturing · Connecticut
R.C. Bigelow, Inc. CT$74.6M · 0.02%
Ebm-Papst Inc. CT$71.4M · 0.00%
Cnc Software, Inc. CT$71.2M · 0.22%
Winchester Interconnect CT$68.2M · 0.11%
Deringer-Ney Inc. CT$65.5M · 0.02%
Precision Resource Inc CT$62.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060854886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.