Plan Snapshot
- Plan Sponsor: Photon Infotech INC
- Sponsor EIN: 260106960
- Sponsor Address: 4835 LYNDON B JOHNSON FWY, DALLAS, TX, 752446050
- Plan Type: 401(k)
- Total Participants: 502
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 502 | $5.5M | $0 | $1.8M |
| 2023 | 583 | $3.7M | $0 | $1.5M |
| 2022 | 566 | $2.0M | $0 | $897,743 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CHUGH CPA'S LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $30,599 | — | — | — | — |
| 2023 | $21,804 | — | — | — | — |
| 2022 | $17,106 | $17,106 | — | — | — |