Retirement plan

PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN

Name: PITTSBURGH GLASS WORKS, LLC - PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN (2015) Form 5500
Creator: PITTSBURGH GLASS WORKS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN, PITTSBURGH GLASS WORKS, LLC

PITTSBURGH GLASS WORKS, LLCEIN 26-2998228Plan #001PY 2015

30 ISABELLA STREET, SUITE 500 - PITTSBURGH, PA 15212412-995-6500pgwglass.comLinkedIn1001-5000 employeesautomotive

Other plans on this EIN

1 filing

#002Retirement-$18.0M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$232.8M

No prior year

Total participants

3,681

No prior year

Average account balance

$70,050

No prior year

Annual return

1.74%

No prior year

Benchmarks

See 217 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort217 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$307.67M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

2,479

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+43.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112

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

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Service code 13 · EIN 06-1050034	Contract Administrator	$198,817
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819	Advisory (Plan)	$45,000
GOLDBERG, WEPRIN, FINKEL GOLDSTEIN1+ years Filed as: GOLDBERG, YOLLES, AND LEPORE LLC Service code 16 · EIN 36-4019175	Consulting	$35,000
BOB CADWELL1+ years Filed as: BOB MCCULLOUGH Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN ZIEMAK Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
MICHAEL F. YATES & COMPANY, INC.1+ years Filed as: MICHAEL LEPORE Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
TIM KELLY1+ years Filed as: TIM SAYRE Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0

Plan features & details

Pension benefit codes2E2G2J2K2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$225K

$73 / participant

Other / not subdivided$225K100.0%

% of EOY assets

0.097%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,050

$74,498-6.0%

$94,228-25.7%

$59,188+18.4%

Participation rate

88.4%

76.8%+11.6pp

78.8%+9.6pp

69.4%+18.9pp

Annual return

1.74%

2.76%-1.0pp

10.68%-8.9pp

5.51%-3.8pp

Employer contribution / active EE

$1,605

$2,077-22.7%

$3,587-55.2%

$2,098-23.5%

Participant deferral / active EE

$2,764

$3,433-19.5%

$4,320-36.0%

$3,265-15.3%

Admin fee / account holder

$68

$103-34.3%

$6,269-98.9%

$92-26.7%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$198,817

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS

Service code 27 · EIN 34-1542819

Advisory (Plan)

$45,000

GOLDBERG, WEPRIN, FINKEL GOLDSTEIN1+ years

Filed as: GOLDBERG, YOLLES, AND LEPORE LLC

Service code 16 · EIN 36-4019175

Consulting

$35,000

BOB CADWELL1+ years

Filed as: BOB MCCULLOUGH

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN ZIEMAK

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

MICHAEL F. YATES & COMPANY, INC.1+ years

Filed as: MICHAEL LEPORE

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

TIM KELLY1+ years

Filed as: TIM SAYRE

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN

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