PlanOptica
Retirement plan

PPG INDUSTRIES, INC. RETIREMENT PLAN F

PPG INDUSTRIES, INC.EIN 25-0730780Plan #097PY 2020
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1 PPG PL - PITTSBURGH, PA 152720001412-434-3916
Other plans on this EIN
3 filings
#384Retirement-$4.41B assets#094Retirement-$649.1M assets#385Retirement-$12.7M assets
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(412) 434-3916
Plan administrator signer
KAREN RATHBURN
Signed 10/11/2021
How to read this page

Summary metrics

Total assets (EOY)
$686.3M
+251.5% from 2016
Total participants
7,529
+119.0% from 2016
Average account balance
$0
No prior year
Annual return
12.49%
-25.71 pp from 2016

Benchmarks

See 659 peers
Peer group
Industry32 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort659 peers
Snapshot2020
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $15,000
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $120,737
Admin fee / account holder
$0
median $9,698
Annual return
12.49%
median 8.06%
Overall peer rank
72nd 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
OCTOBER THREE CONSULTING LLC6+ years
Service code 15 · EIN 27-1175487
Recordkeeping
$544,822
PPG INDUSTRIES, INC.6+ years
Service code 11 · EIN 25-0730780
Actuarial
$400,591
MERCER6+ years
Service code 16 · EIN 13-2834414
Consulting
$191,143
WILLIS TOWERS WATSON1 year
Service code 16 · EIN 53-0181291
Consulting
$88,098
K&L GATES6+ years
Service code 29 · EIN 25-0921018
Legal
$28,383
SCHNEIDER DOWNS6+ years
Service code 10 · EIN 25-1408703
Accounting
$23,990

Enrolled actuary

1 attachment
SB

NICHOLAS FRIES

MERCER
Enrollment #2007926
200 PUBLIC SQUARE, SUITE 3760
CLEVELAND, OH 44114
(216) 830-8031
Signed 2021-10-07

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.

Open the filing PDF

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

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
$2.4M
  • Other / not subdivided$2M100.0%
% of EOY assets
0.354%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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