Retirement plan

PPG PUERTO RICO EMPLOYEE SAVINGS PLAN

PPG INDUSTRIES, INC.EIN 25-0730780Plan #385PY 2024
ONE PPG PLACE - PITTSBURGH, PA 15272412-434-3131
Prospect flagsHigh cashLow participationWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(412) 434-3131
Plan administrator signer
DINA GLANCE
Signed 10/10/2025

Summary metrics

Total assets (EOY)
$15M
-0.2% from 2016
Total participants
180
-2.8% from 2016
Average account balance
$86,354
+254.1% from 2016
Annual return
9.17%
-6.13 pp from 2016

Benchmarks

Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants<25
Cohort8,599 peers
Snapshot2024
Participant deferral / active EE
$26,702
median $3,912
Employer contribution / active EE
$31,426
median $1,809
Participation rate
45.5%
median 87.5%
Avg account balance
$86,354
median $63,907
Admin fee / account holder
$27
median $1,142
Annual return
9.17%
median 12.22%
Overall peer rank
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 2 by compensation
ProviderService typeCompensation
Service code 27 · EIN 04-2654524
Advisory (Plan)
$2,475
Service code 37 · EIN 04-2647786
Loan Processing
$2,232

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
  • 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

3 tripped
  • OpportunityLow participation

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

  • OpportunityHigh cash

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

  • 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.

Expense breakdown

Schedule H Part II
Admin total
$5K
$428 / participant
  • Recordkeeping$2K47.4%
  • Investment mgmt$2K52.6%
% of EOY assets
0.031%
all-in expense ratio
Categories reported
2 / 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
(not subdivided)
Opinion code
Unqualified