Retirement plan
PPG INDUSTRIES EMPLOYEE SAVINGS PLAN
PPG INDUSTRIES, INC.EIN 25-0730780Plan #384PY 2015
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3916
Other plans on this EIN
10 filingsProspect flagsLow returns
Filing contacts
From the Form 5500, federal recordPlan administrator entity
KAREN P. RATHBURN
EIN 275040608
Summary metrics
Total assets (EOY)
$3399.2M
-1.2% from 2016
Total participants
23,022
-2.0% from 2016
Average account balance
$156,927
+2.7% from 2016
Annual return
-3.40%
-9.44 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort47 peers
Snapshot2015
33
Participant deferral / active EE
$4,538
median $7,482
33
Employer contribution / active EE
$2,785
median $4,803
41
Participation rate
91.4%
median 95.0%
48
Avg account balance
$156,927
median $158,992
89
Admin fee / account holder
$0
median $54
11
Annual return
-3.40%
median 0.22%
Overall peer rank
42of 100
42nd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$4.29B
Average account balance
Total assets / participants with a balance (line 6g)
$188K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
22,855
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.3%
Contributions (total)
Employer and participant dollars contributed each year
$205.62M
Contributions per participant
Average employer and participant contribution per enrolled participant
$18K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+11.42%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$152
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
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 codes2E2F2H2J2K2P3H3I
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2HPartial participant-directed account planParticipants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2PLeveraged ESOPEmployee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
- 3IEmployer securities investment requiredPlan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.
Opportunity flags
1 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- PRICEWATERHOUSECOOPERS
- Auditor EIN
- 134008324
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified