Plan Ledger DOL Form 5500 · updated monthly

Gargiulo, Inc.401(k)

GARGIULO, INC. SAVINGS AND INVESTMENT PLAN · NAPLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Gargiulo, Inc. reported $51,107 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.68% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Florida (2,122nd of 3,644), and 547th of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$7,289,445
Participants with balances57
Active participants320
Employer contributions$0
Employee contributions$170,433
Employer contribution per active participant$0
Average account balance$127,885
Benefits paid to participants$442,260
Plan auditUnmodified (clean) audit opinion
AuditorCARROLL & COOK, C.P.A.S
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 57 accts
2023$6.4M · 58 accts
2022$5.1M · 62 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,821
Investment management$26,286
Total administrative$51,107
The Gargiulo, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Gargiulo, 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.

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 · 20244
R. J. L. PENSION SERVICES, INC. · Recordkeeping · Investment management$375
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)indirect comp
WILSHIRE ASSOCIATES, INC. · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock, R. J. L. PENSION SERVICES, INC.
2023John Hancock, R. J. L. PENSION SERVICES, INC.

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Administrative cost history3
2024$51,107 · 0.75%
2023$41,153 · 0.72%
2022$38,289 · 0.68%
Similar plansAgriculture, Forestry & Fishing · Florida
Woerner Management, Inc. FL$10.8M · 0.27%
Southeast Milk, Inc. FL$8.2M · 0.34%
I.M.G. Enterprise Inc FL$7.1M · 0.81%
Larson Dairy, Inc. FL$7.0M · 0.66%
Bethel Farms, Lllp FL$5.6M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431627149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.