Plan Ledger DOL Form 5500 · updated monthly

Frank Donio, Inc.401(k)

FRANK DONIO, INC. PROFIT SHARING PLAN · HAMMONTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Frank Donio, Inc. reported $87,216 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,886 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 rose from 0.53% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in New Jersey (1,254th of 2,419), and the 327th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,980,169
Participants with balances109
Active participants178
Employer contributions$335,688
Employee contributions$562,999
Employer contribution per active participant$1,886
Average account balance$137,433
Benefits paid to participants$609,704
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 109 accts · $336K emplr
2023$13.0M · 152 accts · $319K emplr
2022$11.1M · 164 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,272
Investment management$35,944
Total administrative$87,216
The Frank Donio, Inc. 401(k) match · 2024
Employer contribution per active participant$1,886
Median for plans this size$2,416
2024$1,886 per active participant
2023$1,825 per active participant
2022$1,794 per active participant

Frank Donio, Inc.'s 2024 employer contribution ran below the $2,416 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
UBS FINANCIAL SERVICES INC · Investment advisory (participants)$35,944

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$87,216 · 0.62%
2023$68,397 · 0.57%
2022$64,639 · 0.53%
Same employer
Similar plansAgriculture, Forestry & Fishing · New Jersey
Lummus Technology LLC NJ$112.7M · 0.03%
The Seeing Eye, Inc. NJ$26.1M · 0.25%
Puppyspot Group, LLC NJ$5.4M · 0.84%
Lunds Fisheries, Inc. NJ$4.4M · 0.36%
Cooks Venture Poultry NJ$757K · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210697610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.