Frank Gargiulo & Son Inc.Profit-sharing plan
FRANK GARGIULO & SON PROFIT SHARING PLAN · HILLSIDE, NJ · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Frank Gargiulo & Son Inc. reported $49,379 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $599 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 3 years on file its reported administrative ratio has held roughly steady near 0.99%. 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 New Jersey (1,856th of 2,419), and 9,700th of 11,654 in professional & technical services. active participation has grown from 216 to 334 since 2022.
Frank Gargiulo & Son Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 222099090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.