ESOP · DOL Form 5500 · 2022

Herbert Rowland & Grubic, Inc. ESOP

Data updated 2026-08-11

$33M
Total assets
264
Participants
84th
Percentile by assets
$123,940
Avg per participant
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Official DOL plan name: Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan · Sponsored by Herbert Rowland & Grubic, Inc. · Pennsylvania · Professional & Technical Services

$33M in assets, 264 participants

Herbert Rowland & Grubic, Inc.'s Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan reported $33M in total assets and 264 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 139,126 plans)
  • #18,220 in Professional & Technical Services (21,562 peers)

Coverage in Pennsylvania

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan covers 264 participants in Pennsylvania, about 32% of the average Pennsylvania filer (state average ~822 per filing). Assets: $33M.

$33M
total plan assets (2022 EOY)
264
covered participants
84th
percentile by assets (of 139,126 plans)
$123,940
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan reports 264 participants - about 32% of that state average ($33M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$33M
Net Income-$7M
Employer EIN231609730
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herbert Rowland & Grubic, Inc.)

$60M$80M$100M$120M 202220232024 $68.4M $107M ▲ +57.1%
Total plan assets by year, all Herbert Rowland & Grubic, Inc. plans on file
Year Plans Participants Total Assets
2022 2 530 $68M
2023 2 620 $88M
2024 2 675 $107M

Nearby ESOP Plans in Pennsylvania

Peer ESOP plans, same state, same plan type, ranked by total assets.

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Herbert Rowland & Gr…Wawa, Inc. Employee …Bradford White Corpo…Sheetz, Inc. Employe…Centimark Corporatio…Newage Industries, I…
Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan assets move in 2022?
Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan declined sharply - down 18.8% during 2022, from $40M to $33M. Reported net income was -$7M.
How have Herbert Rowland & Grubic, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Herbert Rowland & Grubic, Inc.'s sponsor-wide assets grew 57.1%, from $68M to $107M.
Where does Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Dynabrade, Inc Employee Stock Ownership Plan in NY ($33M, 144 participants).

Next read for Herbert Rowland & Grubic, Inc. Employee …

Filing takeaways

Ways to act on Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan's numbers.