Yes; here are the numbers
https://en.wikipedia.org/wiki/Blue_chip_(sports). What you note is that even though Penn State is mentioned as having crossed that "thresh hold" their talent metrics are significantly lower than the teams they normally lose to.
Thus far we have heard two "reasons" that put Penn State's talent acquisition at a disadvantage to their top end competitors: 1. It values retention and development over the transfer portal. Development takes time and may never hit the ceiling you projected. 2. Money. They "cannot" pay for top end talent.
The next coach needs to upend that model