PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN

  • Address: 100 SOUTHGATE PARKWAY,MORRISTOWN,NJ
  • Contact person: VITO A. GAGLIARDI, JR.
  • Phone: (973) 538-4006


At the end of 2022, the total retirement plan assets of PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is $109,215,637.00.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is 311

In 2022, the average participant retirement account value for PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is $351,175.00

In 2022, the estimated average employee contribution amount per participant for PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is $8,862.00

In 2022, the estimated average employer match for an employee in PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is approximately $8,022.00

In 2022, PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN allocates $2,495,017.00 to match its employees' contributions, providing an employer match rate of 92.46% of their contributions

In 2022, the total retirement plan asset growth rate of PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is -19.10%

In 2022, the estimated aggregate retirement account investment gain/loss for PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is -19.35%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of PORZIO, BROMBERG & NEWMAN, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN is 0.06%.

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