ESOP · DOL Form 5500 · 2023

Herbert Rowland & Grubic, Inc. ESOP

Data updated 2026-08-25

$42M
Total assets Below avg plan size
307
Participants Below avg headcount
83rd
Percentile by assets National rank
$135,702
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan · Sponsored by Herbert Rowland & Grubic, Inc. · Pennsylvania · Professional & Technical Services

$42M in assets, 307 participants

Herbert Rowland & Grubic, Inc.'s Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan reported $42M in total assets and 307 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #17,149 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan covers 307 participants in Pennsylvania, about 37% of the average Pennsylvania filer (state average ~822 per filing). Assets: $42M.

#17,149
in Professional & Technical Services (20,321 peers)
+27.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan's outsized position by total assets

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$41,660,610 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan end-of-year assets rose from $33M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan reported participants rose from 264 in the plan year 2022 filing to 307 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 231609730 · Herbert Rowland & Grubic, Inc. PY 2023 · ESOP

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan · $42M · 307 · 83rd

  • 5500 $42M
  • 5500 307
  • 5500 83rd
  • 5500 ESOP
  • 5500 near Matandy Steel Employee Stock Ownership Plan
  • 5500 ind #17149

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Pennsylvania →

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bank Forward Employee Stock Ownership PlanBank Forward Employee Stock …$42MHerbert Rowland & Grubic, Inc. Employee Stock Ownership PlanHerbert Rowland & Grubic, In…$42MMatandy Steel Employee Stock Ownership PlanMatandy Steel Employee Stock…$42MAndres Construction Employee Stock Ownership PlanAndres Construction Employee…$42MSarsen Capital Corporation Employee Stock Ownership PlanSarsen Capital Corporation E…$42M
End-of-year total assets ($M) among Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$42M
Net Income$9M
Employer EIN231609730
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Herbert Rowland & Grubic, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$107M 57.13465941455318% vs 2022
2024 filing year
$60M$80M$100M$120M 202220232024 $68.4M $107M ▲ +57.1%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.04166061 · Participants: 307Herbert Rowland & Grubic, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Matandy Steel Employee Stock Ownership Plan in OH ($42M); by covered participants it is Northfield Bank Employee Stock Ownership Plan in NJ (307 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (307 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan grew sharply - up 27.3% during 2023, from $33M to $42M. Reported net income was $9M.
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 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Matandy Steel Employee Stock Ownership Plan in OH ($42M, 114 participants).
Which ESOP plans cover a similar participant headcount to Herbert Rowland & Grubic, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Northfield Bank Employee Stock Ownership Plan in NJ (307 participants, $41M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231609730.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.