Retirement plan
PPG PUERTO RICO EMPLOYEE SAVINGS PLAN
PPG INDUSTRIES, INC.EIN 25-0730780Plan #385PY 2017
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3916
Other plans on this EIN
4 filingsProspect flagsHigh cash
Filing contacts
From the Form 5500, federal recordPlan administrator signer
KAREN RATHBURN
Signed 10/12/2018
Plan administrator entity
KAREN P. RATHBURN
EIN 275040608
Summary metrics
Total assets (EOY)
$13.2M
-0.2% from 2016
Total participants
229
-2.8% from 2016
Average account balance
$57,707
+254.1% from 2016
Annual return
16.74%
-6.13 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants100-249
Cohort1,975 peers
Snapshot2017
22
Participant deferral / active EE
$1,485
median $2,431
57
Employer contribution / active EE
$1,475
median $1,051
92
Participation rate
100.0%
median 80.2%
58
Avg account balance
$57,707
median $50,606
43
Admin fee / account holder
$114
median $83
53
Annual return
16.74%
median 16.30%
Overall peer rank
54of 100
54th 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 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
BANCO POPULAR3+ years Service code 21 · EIN 66-0561870 | Bank Trustee | $42,066 |
Service code 10 · EIN 13-4008324 | Accounting | $30,000 |
ALIGHT SOLUTIONS1 year Service code 15 · EIN 82-1061233 | Recordkeeping | $10,089 |
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 codes2E2F2G2T3C
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).
- 2GTotal participant-directed account planParticipants 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.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3CPlan not intended to be qualifiedA plan not intended to be qualified under Code sections 401 403 or 408.
Opportunity flags
1 tripped
- 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
$26K
$146 / participant
- Other / not subdivided$26K100.0%
% of EOY assets
0.198%
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