D.R.
I think most parents would like less junk and less candy -- I know I would!! I like to be fun but somewhat practical: fun toothbrushes with a fun box of character bandaids. Kids at 5 also love matchbox cars, any glow stick type of toy, decorations for their bike or since its September, why not a few school supplies (boxes of crayons, markers, fun pad of paper, etc)
Or, consider buying one nicer $5 item: a mini Lego kit is a huge hit with 5 year olds.