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Original filing (PDF)20251013161834NAL0000823651001
ROWAN, INCORPORATED
Form 5500
FILING_RECEIVED
ROWAN, INCORPORATED 401(K) PS PLAN
401(k) retirement plan
Signals · 2
~134 bps in Sched C feesNo recordkeeper disclosed
Active participants
113
Accounts w/ balance
246
Plan assets (EOY)
$5.5M
Net assets (EOY)
$5.5M
How this plan invests
This plan
21 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 134 bps in Schedule C fees — 158% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ROWAN, INCORPORATED.
Plan sponsor
Name
ROWAN, INCORPORATED
EIN
33-0788307
Address
2778 LOKER AVENUE WEST · CARLSBAD, CA · 92010
Phone
(760) 692-0700
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2A · Age/service weighted or new comparability
2S · Automatic enrollment
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
ALDRICH CPAS AND ADVISORS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsOther
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALDRICH CPAS AND ADVISORS | — | SEATTLE, WA | NONE | $27K | — |
| THE VANGUARD GROUP, INC. | 23-1945930 | — | NONE | $27K | — |
| LPL FINANCIAL | — | BOSTON, MA | NONE | $21K | — |
Investments
21 direct securities· $5.5M(98% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retirement 2025 Fund Vanguard 0 | — | — | — | $728K | 13.1% | |
| Vanguard Target Retirement 2030 Fund Vanguard 0 | — | — | — | $726K | 13.1% | |
| Vanguard Target Retirement 2040 Fund Vanguard 0 | — | — | — | $711K | 12.8% | |
| Vanguard Target Retirement 2055 Fund Vanguard 0 | — | — | — | $663K | 12.0% | |
| Vanguard Target Retirement 2035 Fund Vanguard 0 | — | — | — | $524K | 9.5% | |
| Vanguard Target Retirement 2050 Fund Vanguard 0 | — | — | — | $413K | 7.5% | |
| Fidelity 500 Index Fund Fidelity 0 | — | — | — | $286K | 5.2% | |
| Vanguard Target Retirement 2045 Fund Vanguard 0 | — | — | — | $283K | 5.1% | |
| Vanguard Target Retirement 2060 Fund Vanguard 0 | — | — | — | $278K | 5.0% | |
| Vanguard Growth Index Adm Vanguard 0 | — | — | — | $259K | 4.7% | |
| Vanguard Target Retirement 2065 Fund Vanguard 0 | — | — | — | $246K | 4.4% | |
| Vanguard Target Retirement 2020 Fund Vanguard 0 | — | — | — | $185K | 3.3% | |
| Vanguard Value Index Adm Vanguard 0 | — | — | — | $54K | 1.0% | |
| Vanguard Small-Cap Index Adm Vanguard 0 7 Vanguard Small-Cap Growth Index Adm Vanguard 0 | — | — | — | $32K | 0.6% | |
| Vanguard Small-Cap Value Index Adm Vanguard 0 | — | — | — | $31K | 0.6% | |
| Various Rates and Maturities Participant's Loan Account 0 | — | — | — | $14K | 0.2% | |
| Vanguard Federal Money Market Inv Vanguard 0 | — | — | — | $9K | 0.2% | |
| Vanguard Target Retirement 2070 Fund Vanguard 0 | — | — | — | $7K | 0.1% | |
| Fidelity Mid Cap Index Fidelity 0 | — | — | — | $5K | <0.1% | |
| Vanguard Target Retirement Income Fund Vanguard 0 729 Cohen & Steers Realty Shares Fund Cohen & Steers 0 | — | — | — | $2K | <0.1% | |
| Vanguard Total Intl Stock Index Adm Vanguard 0 | — | — | — | $1K | <0.1% |
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