Retirement plan

PPG INDUSTRIES, INC. RETIREMENT PLAN E

PPG INDUSTRIES, INC.EIN 25-0730780Plan #096PY 2015
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3916
Prospect flagsHigh retiree %Low returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(412) 434-3916
Plan administrator signer
KAREN P. RATHBURN
Signed 10/13/2016

Summary metrics

Total assets (EOY)
$154M
No prior year
Total participants
2,131
No prior year
Average account balance
$0
No prior year
Annual return
-6.55%
+87.97 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Cohort212 peers
Snapshot2015
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $10,572
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $91,458
Admin fee / account holder
$0
median $996
Annual return
-6.55%
median -0.73%
Overall peer rank
10th percentileavg across 6 metrics

Analytics

Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Top 6 by compensation
ProviderService typeCompensation
Service code 11 · EIN 25-0730780
Actuarial
$469,636
Service code 28 · EIN 02-0488491
Investment Management
$72,547
MERCER1+ years
Service code 16 · EIN 13-2834414
Consulting
$31,732
K&L GATES1+ years
Service code 29 · EIN 25-0921018
Legal
$16,203
Service code 15 · EIN 27-1175487
Recordkeeping
$15,637
Service code 10 · EIN 25-1408703
Accounting
$12,990

Enrolled actuary

1 attachment
SB

JEFFRY P. BLASZKOWSKI

MERCER
Enrollment #1406646
ONE TOWNE SQUARE SUITE 1100
SOUTHFIELD, MI 48076
(248) 945-5527
Signed 2016-10-06

Top hat statement on fileNQDC

Filed December 19, 1995 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes1A1B
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

3 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$619K
  • Other / not subdivided$619K100.0%
% of EOY assets
0.402%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
SCHNEIDER DOWNS & CO., INC.
Auditor EIN
251408703
Audit fees
(not subdivided)
Opinion code
Disclaimer