Joseph Jingoli & Son, Inc.401(k)

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

Joseph Jingoli & Son, Inc. reported $219,033 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,411 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 0.36%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 488th-largest of 2,419 plans among New Jersey employers on file, and the 163rd of 412 in utilities. In 2024, employees put in $7.99 for every $1.00 the employer contributed; active participation has grown from 419 to 461 since 2022.