401(k) · DOL Form 5500 · 2023

Elo, Incorporated T/a the Gramon School 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
334
Participants Below avg headcount
76th
Percentile by assets National rank
$74,310
Avg per participant Below avg balance/head
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Official DOL plan name: Gramon & Affiliates Profit Sharing Plan · Sponsored by Elo, Incorporated T/a the Gramon School · New Jersey · Educational Services

$25M in assets, 334 participants

Elo, Incorporated T/a the Gramon School's Gramon & Affiliates Profit Sharing Plan reported $25M in total assets and 334 participants in its 2023 DOL Form 5500 filing, ranking in the 76th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,260 in Educational Services (3,735 peers)

Coverage in New Jersey

Gramon & Affiliates Profit Sharing Plan covers 334 participants in New Jersey, about 40% of the average New Jersey filer (state average ~844 per filing). Assets: $25M.

#2,260
in Educational Services (3,735 peers)
+11.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Gramon & Affiliates Profit Sharing Plan's outsized position by total assets

Gramon & Affiliates Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$24,819,451 Top 24% higher than 76% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Gramon & Affiliates Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gramon & Affiliates Profit Sharing Plan sits mid-pack in the medium band (334 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gramon & Affiliates Profit Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Gramon & Affiliates Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Gramon & Affiliates Profit Sharing Plan reported participants rose from 312 in the plan year 2022 filing to 334 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 223177795 · Elo, Incorporated T/a the Gramon School PY 2023 · 401(k)

Gramon & Affiliates Profit Sharing Plan · $25M · 334 · 76th

  • SCH $25M
  • EBSA 334
  • PART 76th
  • TYPE 401(k)
  • NET near Bankprov 401(k) Plan
  • BOOK ind #2260

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in New Jersey →

Gramon & Affiliates Profit Sharing Plan in the asset neighbourhood

Gramon & Affiliates Profit Sharing PlanGramon & Affiliates Profit S…$25MBankprov 401(k) Plan$25MI2c Synergy, Inc 401(k) Profit Sharing PlanI2c Synergy, Inc 401(k) Prof…$25MJhi Group Inc. Incentive Savings PlanJhi Group Inc. Incentive Sav…$25MMesser Cutting Systems, Inc. 401(k) Savings and Investment PlanMesser Cutting Systems, Inc.…$25M
End-of-year total assets ($M) among Gramon & Affiliates Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$2M
Employer EIN223177795
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elo, Incorporated T/a the Gramon School)

Sponsor-wide plan assets over time

All Elo, Incorporated T/a the Gramon School plans reported in each filing year

Latest sponsor-wide plan assets
$26M 17.52243010629257% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.3M $26.3M ▲ +17.5%
Year Plans Participants Total Assets
2022 1 312 $22M
2023 1 334 $25M
2024 1 353 $26M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Gramon & Affiliates Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Gramon & Affiliates Profit Sharing Plan, Total assets ($B): 0.024819451 · Participants: 334Gramon & Affiliates Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Gramon & Affiliates Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Gramon & Affiliates Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Bankprov 401(k) Plan in MA ($25M); by covered participants it is Investment Corporation of Palm Beach 401(k) Plan in FL (334 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (334 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gramon & Affiliates Profit Sharing Plan assets move in 2023?
Gramon & Affiliates Profit Sharing Plan grew at a solid clip - up 11.1% during 2023, from $22M to $25M. Reported net income was $2M.
How have Elo, Incorporated T/a the Gramon School plan assets changed over time?
Across 3 plan years on file (2022-2024), Elo, Incorporated T/a the Gramon School's sponsor-wide assets grew 17.5%, from $22M to $26M.
Where does Gramon & Affiliates Profit Sharing Plan rank by assets among Form 5500 filers?
Gramon & Affiliates Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gramon & Affiliates Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Bankprov 401(k) Plan in MA ($25M, 204 participants).
Which 401(k) plans cover a similar participant headcount to Gramon & Affiliates Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Investment Corporation of Palm Beach 401(k) Plan in FL (334 participants, $12M in assets).