Retirement plan
PPG INDUSTRIES, INC. EMPLOYEE SAVINGS PLAN
PPG INDUSTRIES, INC.EIN 25-0730780Plan #384PY 2024
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3131
Other plans on this EIN
2 filingsProspect flagsLow returnsFailed to provide benefitCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
DINA GLANCE
Signed 10/13/2025
Summary metrics
Total assets (EOY)
$4285.5M
-1.2% from 2016
Total participants
23,059
-2.0% from 2016
Average account balance
$187,510
+2.7% from 2016
Annual return
11.42%
-9.44 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort52 peers
Snapshot2024
43
Participant deferral / active EE
$9,189
median $10,382
51
Employer contribution / active EE
$8,433
median $7,903
67
Participation rate
98.3%
median 96.4%
41
Avg account balance
$187,510
median $233,768
12
Admin fee / account holder
$152
median $64
14
Annual return
11.42%
median 13.29%
Overall peer rank
38of 100
38th 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
Top 8 by compensation
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $1,189,784 |
Service code 37 · EIN 04-2647786 | Loan Processing | $493,142 |
PPG INDUSTRIES, INC.8 years Service code 99 · EIN 25-0730780 | Other Fees | $432,578 |
PWC4 years Service code 10 · EIN 13-4008324 | Accounting | $117,500 |
WILLIS TOWERS WATSON5 years Service code 16 · EIN 52-1868818 | Consulting | $109,802 |
K&L GATES2 years Service code 29 · EIN 25-0921018 | Legal | $80,500 |
GRANT THORTON. LLP3 years Service code 10 · EIN 36-6055558 | Accounting | $26,513 |
Service code 49 · EIN 22-3734996 | Other Services | $0 |
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 codes2E2F2H2J2K2P3I
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.
- 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
3 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$3.5M
$297 / participant
- Recordkeeping$486K14.0%
- Investment mgmt$2M60.5%
- Legal$82K2.4%
- Contract admin$7K0.2%
- Other / not subdivided$794K22.9%
% of EOY assets
0.081%
all-in expense ratio
Categories reported
4 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- PRICEWATERHOUSECOOPERS LLP
- Auditor EIN
- 134008324
- Audit fees
- $144,013
- Opinion code
- Unqualified