Retirement plan
PPG INDUSTRIES, INC. RETIREMENT PLAN F
PPG INDUSTRIES, INC.EIN 25-0730780Plan #097PY 2019
1 PPG PL - PITTSBURGH, PA 152720001412-434-3916
Other plans on this EIN
3 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
KAREN RATHBURN
Signed 10/14/2020
Summary metrics
Total assets (EOY)
$663.7M
+251.5% from 2016
Total participants
8,089
+119.0% from 2016
Average account balance
$0
No prior year
Annual return
19.42%
-25.71 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort691 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $18,750
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $89,962
0
Admin fee / account holder
$0
median $0
81
Annual return
19.42%
median 10.66%
Overall peer rank
81of 100
81st 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 5 by compensation
| Provider | Service type | Compensation |
|---|---|---|
OCTOBER THREE CONSULTING LLC5+ years Service code 15 · EIN 27-1175487 | Recordkeeping | $344,363 |
PPG INDUSTRIES, INC.5+ years Service code 11 · EIN 25-0730780 | Actuarial | $342,032 |
MERCER5+ years Service code 16 · EIN 13-2834414 | Consulting | $112,154 |
K&L GATES5+ years Service code 29 · EIN 25-0921018 | Legal | $34,005 |
SCHNEIDER DOWNS5+ years Service code 10 · EIN 25-1408703 | Accounting | $24,983 |
Enrolled actuary
1 attachment
SB
NICHOLAS FRIES
MERCER
Enrollment #2007926
200 PUBLIC SQUARE, SUITE 3760
CLEVELAND, OH 44114
(216) 830-8031
Signed 2020-09-25
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
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
Opportunity flags
2 tripped
- 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
$6.0M
- Other / not subdivided$6M100.0%
% of EOY assets
0.905%
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