Retirement plan

PPG INDUSTRIES, INC. RETIREMENT PLAN F

PPG INDUSTRIES, INC.EIN 25-0730780Plan #097PY 2016
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3916
Prospect flagsHigh retiree %

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 10/14/2017

Summary metrics

Total assets (EOY)
$440.7M
+251.5% from 2016
Total participants
8,392
+119.0% from 2016
Average account balance
$0
No prior year
Annual return
18.95%
-25.71 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Cohort237 peers
Snapshot2016
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $8,586
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $140,966
Admin fee / account holder
$0
median $1,809
Annual return
18.95%
median 3.99%
Overall peer rank
85th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$689.10M
Average account balance
Total assets / participants with a balance (line 6g)
$119K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
4,993
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$23.80M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$30K
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.26%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 6 by compensation
ProviderService typeCompensation
Service code 15 · EIN 27-1175487
Recordkeeping
$478,152
MERCER2+ years
Service code 16 · EIN 13-2834414
Consulting
$148,627
Service code 28 · EIN 02-0488491
Investment Management
$52,680
Service code 10 · EIN 25-1408703
Accounting
$47,074
K&L GATES2+ years
Service code 29 · EIN 25-0921018
Legal
$25,866
Service code 11 · EIN 25-0730780
Actuarial
$0

Enrolled actuary

1 attachment
SB

JEFFRY P. BLASZKOWSKI

MERCER
Enrollment #1706646
ONE TOWNE SQUARE SUITE 110
SOUTHFIELD, MI 48076
(248) 945-5527
Signed 2017-09-07

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

1 tripped
  • InformationalHigh retiree %

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

Expense breakdown

Schedule H Part II
Admin total
$3.0M
  • Investment mgmt$2M77.6%
  • Other / not subdivided$673K22.4%
% of EOY assets
0.683%
all-in expense ratio
Categories reported
1 / 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