Employers › Photronics
Recordkeeping fees per participant · Photronics Profit Sharing and Savings Plan · plan year 2024
$93.59
Higher than 69% of the 5,847 plans $50 to 250M that report it.
= $45,109 / 482
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014173812NAL0001714419001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014173812NAL0001714419001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$94.21
Higher than 51% of the 8,758 plans $50 to 250M that report it.
= $45,409 / 482
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014173812NAL0001714419001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014173812NAL0001714419001, received 2025-10-14
Administrative expenses per participant
$94.21
Higher than 33% of the 9,042 plans $50 to 250M that report it.
= $45,409 / 482
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014173812NAL0001714419001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014173812NAL0001714419001, received 2025-10-14
Administrative expenses as a share of assets
0.065%
Higher than 25% of the 9,049 plans $50 to 250M that report it.
= $45,409 / $70,192,286
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014173812NAL0001714419001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014173812NAL0001714419001, received 2025-10-14
Employer contributions per participant
$2,666
Higher than 48% of the 9,105 plans $50 to 250M that report it.
= $1,285,082 / 482
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014173812NAL0001714419001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014173812NAL0001714419001, received 2025-10-14
Employer share of total contributions
27.8%
Higher than 44% of the 9,112 plans $50 to 250M that report it.
= $1,285,082 / $4,625,711
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014173812NAL0001714419001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014173812NAL0001714419001, received 2025-10-14
Employer match
“Under the terms of the 401(k) Plan, employees may contribute up to 50% of their salary, subject to certain maximum amounts, which will be matched by the Company at 100% of the employee's contributions that are up to 4% of the employee's compensation.”
Form 10-K filed 2025-12-17, for the year ended 2025-10-31 · benefits note, 10-K benefits note · source document
Vesting
“Employee and employer contributions vest immediately upon contribution.”
Form 10-K filed 2025-12-17, for the year ended 2025-10-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-10-31. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014173812NAL0001714419001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PHOTRONICS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Plan name | PHOTRONICS PROFIT SHARING AND SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Sponsor EIN / plan number | 06-0854886 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Sponsor location | BROOKFIELD, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Participants, beginning of year | 506 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Active participants | 371 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Participants, end of year | 508 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Participants with an account balance | 482 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Total assets, beginning of year | $64,042,814 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Total assets, end of year | $70,192,286 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Net assets, end of year | $70,021,230 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Total income | $14,269,327 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Net income | $5,978,416 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Employer contributions | $1,285,082 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Participant contributions | $3,168,437 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $172,192 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Total contributions | $4,625,711 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Benefit payments | $8,245,502 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $8,290,911 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Total administrative expenses | $45,409 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Contract administrator fees | $300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Recordkeeping fees | $45,109 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Administrative expenses excluding investment management | $45,409 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Held in common/collective trusts | $3,158,820 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Held in mutual funds | $66,231,284 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014173812NAL0001714419001, received 2025-10-14 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014173812NAL0001714419001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014173812NAL0001714419001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $45,409 | yes |
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 20251014173812NAL0001714419001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $64,042,814 | $70,192,286 | 9.6% |
| Participants with a balance | 487 | 482 | -1.0% |
| Administrative expenses | $45,320 | $45,409 | 0.2% |
| Recordkeeping fees per participant | $93.06 | $93.59 | 0.6% |
| Employer contributions | $616,971 | $1,285,082 | 108.3% |
Prior filing 20250108144010NAL0018263024001, received 2025-01-08; the plan years are contiguous.
Sponsor name as filed: PHOTRONICS, INC.; SEC registrant: PHOTRONICS INC (CIK 810136, matched by EIN; display name from the Form 10-K cover).