Retirement plan

PPG INDUSTRIES, INC. DEFINED CONTRIBUTION RETIREMENT PLAN FOR EMPLOYEES COVERED BY COLLECTIVE BARGAINING AGREEMENTS

PPG INDUSTRIES, INC.EIN 25-0730780Plan #102PY 2016
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3916
Prospect flagsRecently cancelled planLow returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
KAREN P. RATHBURN
Signed 08/31/2016
(412) 434-3916
Plan administrator entity
KAREN P. RATHBURN
EIN 275040608

Summary metrics

Total assets (EOY)
$0
No prior year
Total participants
0
No prior year
Average account balance
$0
No prior year
Annual return
-100.00%
+91.43 pp from 2016

Benchmarks

Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants<25
Cohort8,145 peers
Snapshot2016
Participant deferral / active EE
$0
median $2,645
Employer contribution / active EE
$0
median $1,419
Participation rate
0.0%
median 88.9%
Avg account balance
$0
median $54,869
Admin fee / account holder
$0
median $702
Annual return
-100.00%
median 6.07%
Overall peer rank
1st 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

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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 codes2A2F2G
Plan features
  • 2A
    Age/service weighted or new comparability plan
    Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.

Opportunity flags

3 tripped
  • OpportunityLow returns

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

  • 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.

  • InformationalRecently cancelled plan

    Plan reported a final filing / termination within the last year.

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