PlanOptica
Retirement plan

PPG PUERTO RICO EMPLOYEE SAVINGS PLAN

PPG INDUSTRIES, INC.EIN 25-0730780Plan #385PY 2015
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ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3916
Other plans on this EIN
10 filings
#384Retirement-$3.40B assets#097Retirement-$1.55B assets#094Retirement-$830.4M assets#096Retirement-$154.0M assets#039Retirement-$123.1M assets#091Retirement-$116.0M assets#100Retirement-$64.5M assets#102Retirement-$1.6M assets#003Retirement-$841K assets#101Retirement-$692K assets
Prospect flagsLow returnsHigh feesHigh cashLow participation

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
KAREN P. RATHBURN
Signed 10/06/2016
(412) 434-3916
Plan administrator entity
KAREN P. RATHBURN
EIN 275040608
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Summary metrics

Total assets (EOY)
$11.1M
-0.2% from 2016
Total participants
242
-2.8% from 2016
Average account balance
$156,175
+254.1% from 2016
Annual return
-3.49%
-6.13 pp from 2016

Benchmarks

See 1,746 peers
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants100-249
Cohort1,746 peers
Snapshot2015
Participant deferral / active EE
$1,403
median $2,233
Employer contribution / active EE
$1,396
median $881
Participation rate
29.0%
median 77.1%
Avg account balance
$156,175
median $44,106
Admin fee / account holder
$719
median $64
Annual return
-3.49%
median -0.30%
Overall peer rank
34th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$15.03M
Average account balance
Total assets / participants with a balance (line 6g)
$86K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
174
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
45.5%
Contributions (total)
Employer and participant dollars contributed each year
$639K
Contributions per participant
Average employer and participant contribution per enrolled participant
$58K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.17%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$27
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 1 by compensation
ProviderService typeCompensation
BANCO POPULAR1+ years
Service code 21 · EIN 66-0561870
Bank Trustee
$51,062

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 codes2E2F2G2T3C
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 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.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3C
    Plan not intended to be qualified
    A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

4 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • OpportunityHigh fees

    Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

  • OpportunityLow returns

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

  • OpportunityHigh cash

    More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II
Admin total
$51K
$212 / participant
  • Other / not subdivided$51K100.0%
% of EOY assets
0.460%
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
PRICEWATERHOUSECOOPERS LLC
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Unqualified