Retirement plan

SAINT-GOBAIN CORPORATION 401(K) PLAN FOR SALARIED EMPLOYEES

Name: SAINT-GOBAIN CORPORATION - SAINT-GOBAIN CORPORATION 401(K) PLAN FOR SALARIED EMPLOYEES (2021) Form 5500
Creator: SAINT-GOBAIN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAINT-GOBAIN CORPORATION 401(K) PLAN FOR SALARIED EMPLOYEES, SAINT-GOBAIN CORPORATION

SAINT-GOBAIN CORPORATIONEIN 23-2615166Plan #002PY 2021

20 MOORES ROAD - MALVERN, PA 19355610-893-6000LinkedIn11-50 employeesrenewables & environment

Other plans on this EIN

1 filing

#003Retirement-$696.1M assets

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed November 29, 2012 (most recent of 3 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.

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Total assets (EOY)

$1762.7M

-2.8% from 2016

Total participants

8,726

+19.4% from 2016

Average account balance

$216,980

-4.1% from 2016

Annual return

15.89%

-4.88 pp from 2016

Benchmarks

See 53 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort53 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.84B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$193K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

9,526

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$103.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+21.88%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$114

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 15 · EIN 04-2647786	Recordkeeping	$608,370
STRATEGIC ADVISORS, INC.7+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$289,226
ROCATON INVESTMENT ADVISORS, LLC6 years Service code 16 · EIN 04-3638035	Consulting	$33,724
PLANTE & MORAN, PLLC6 years Service code 10 · EIN 38-1357951	Accounting	$17,500
MORGAN STANLEY SMITH BARNEY6 years Filed as: MORGAN, LEWIS & BOCKIUS LLP Service code 29 · EIN 23-0891050	Legal	$15,910

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3H

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.
2J
Code section 401(k) feature
Cash 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.
2K
Code section 401(m) arrangement
Employee 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$968K

$162 / participant

Investment mgmt$323K33.4%
Contract admin$608K62.8%
Other / not subdivided$37K3.8%

% of EOY assets

0.055%

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: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$216,980

$153,507+41.3%

$106,554+103.6%

$101,555+113.7%

Participation rate

89.9%

86.3%+3.6pp

76.1%+13.8pp

74.5%+15.4pp

Annual return

15.89%

15.11%+0.8pp

26.80%-10.9pp

21.00%-5.1pp

Employer contribution / active EE

$3,554

$4,668-23.9%

$2,819+26.1%

$2,972+19.6%

Participant deferral / active EE

$9,657

$7,264+32.9%

$4,398+119.6%

$4,874+98.1%

Admin fee / account holder

$119

$74+61.9%

$7,408-98.4%

$139-14.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 15 · EIN 04-2647786

Recordkeeping

$608,370

STRATEGIC ADVISORS, INC.7+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$289,226

ROCATON INVESTMENT ADVISORS, LLC6 years

Service code 16 · EIN 04-3638035

Consulting

$33,724

PLANTE & MORAN, PLLC6 years

Service code 10 · EIN 38-1357951

Accounting

$17,500

MORGAN STANLEY SMITH BARNEY6 years

Filed as: MORGAN, LEWIS & BOCKIUS LLP

Service code 29 · EIN 23-0891050

Legal

$15,910

SAINT-GOBAIN CORPORATION 401(K) PLAN FOR SALARIED EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAINT-GOBAIN CORPORATION 401(K) PLAN FOR SALARIED EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion