I'm not sure why you'd want to use 5V when a higher gate voltage is easily available.Now that you've got the source terminal grounded the gate would be fine with 5 or so volts.
Since the FET conducts appreciable current its resistance should be kept low.
The only reason really for reducing gate voltage is to speed up turn on / turn off and reducing switching losses but even 500 Hz isn't fast in the least and right now he's manually switching it.