Plan Ledger DOL Form 5500 · updated monthly

Herbert, Rowland & Grubic, Inc.401(k)

HERBERT, ROWLAND & GRUBIC, INC. PROFIT SHARING AND SAVINGS PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Herbert, Rowland & Grubic, Inc. reported $71,260 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,290 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 0.139%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 715th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,495th of 11,654 in professional & technical services. In 2024, employees put in $3.87 for every $1.00 the employer contributed; active participation has grown from 312 to 375 since 2022.

Plan summary
Net assets, end of year$56,512,040
Participants with balances428
Active participants375
Employer contributions$858,884
Employee contributions$3,321,176
Employer contribution per active participant$2,290
Average account balance$132,037
Benefits paid to participants$1,557,778
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.5M · 428 accts · $859K emplr
2023$46.1M · 397 accts · $505K emplr
2022$35.6M · 381 accts · $427K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,260
Total administrative$71,260
The Herbert, Rowland & Grubic, Inc. 401(k) match · 2024
Employer contribution per active participant$2,290
Median for plans this size$3,635
2024$2,290 per active participant
2023$1,490 per active participant
2022$1,367 per active participant

Herbert, Rowland & Grubic, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,260
INSTITUTIONAL INVESTMENT · Contract administrator · Consulting$15,000
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$71,260 · 0.14%
2023$55,496 · 0.14%
2022$51,448 · 0.14%
All plans at this employer2
HERBERT, ROWLAND & GRUBIC, INC. PROFIT SHARING AND SAVINGS PLAN401(k)
HERBERT ROWLAND & GRUBIC, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 231609730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.