Plan Snapshot
- Plan Sponsor: Herbert, Rowland & Grubic, INC.
- Sponsor EIN: 231609730
- Sponsor Address: 369 EAST PARK DRIVE, HARRISBURG, PA, 171112730
- Plan Type: 401(k)
- Total Participants: 375
- Total Assets: $56.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 375 | $56.5M | $858,884 | $3.3M |
| 2023 | 339 | $46.1M | $505,056 | $2.8M |
| 2022 | 312 | $35.6M | $426,594 | $2.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $56,260 | — | $56,260 |
| INSTITUTIONAL INVESTMENT | CONTRACT ADMINISTRATOR | $15,000 | $2,500 | $17,500 |
| MCKONLY & ASBURY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCKONLY & ASBURY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,760
- Estimated Expense Ratio: 0.131% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $71,260 | — | $71,260 | — | — |
| 2023 | $55,496 | — | $55,496 | — | — |
| 2022 | $51,448 | — | $51,448 | — | — |