Re: 100Mbps < 500Mbps
Comparing raw bitrates of fundamentally different protocols can be near meaningless.
Ethernet supports full duplex operations so you will potentially be able to get nearer 200Mbps for a given link, it's also running on much better quality wiring so probably has significantly lower error correction and tollerances compared to Homeplug. Some protocols (like wireless) alternate between the hub and device communicating so you can only get at most half the data transfer in a particular direction, there's also differences in quite periods in protocols after a given device has transmitted.
That said it seems stupid not to have a gigabit chip - at the very least the ethernet connected devices would get a benefit when talking to each other. I've also never worked out why more powerline plugs don't have multiple ethernet ports - once you have one I can't believe adding a couple more adds much to the cost of production.