Retirement plan

PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN

Name: PITTSBURGH GLASS WORKS, LLC - PITTSBURGH GLASS WORKS, LLC EMPLOYEE SAVINGS PLAN (2016) 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 2016

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

Other plans on this EIN

1 filing

#002Retirement-$20.4M assets

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$234.8M

+0.8% from 2015

Total participants

3,419

-7.1% from 2015

Average account balance

$68,667

-2.0% from 2015

Annual return

5.64%

+3.90 pp from 2015

Benchmarks

See 241 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort241 peers

Snapshot2016

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 8 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Service code 13 · EIN 06-1050034	Contract Administrator	$206,855
GYL FINANCIAL SYNERGIES1 year Filed as: GYL FINANCIAL SYNERGIES,LLC Service code 27 · EIN 81-3263476	Advisory (Plan)	$45,000
DANA INVESTMENT ADVISORS1 year Filed as: DANA GOLDEN Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
JENNIFER KELLNER1 year Filed as: JENNIFER ECK Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Filed as: JOHN ZIEMAK Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
JOSH TODD1 year Filed as: JOSH SACHS Service code 56 PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212	Non-monetary compensation	$0
PITTSBURGH GLASS WORKS LLC1 year Service code 56 · EIN 41-0449260	Non-monetary compensation	$0
TIM KELLY2+ 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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$254K

$90 / participant

Other / not subdivided$254K100.0%

% of EOY assets

0.108%

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

$68,667

$61,125+12.3%

$108,582-36.8%

$63,975+7.3%

Participation rate

100.0%

80.5%+19.5pp

79.6%+20.4pp

71.1%+28.9pp

Annual return

5.64%

14.06%-8.4pp

-51.70%+57.3pp

48.65%-43.0pp

Employer contribution / active EE

$1,780

$2,237-20.4%

$3,758-52.6%

$2,182-18.4%

Participant deferral / active EE

$3,411

$3,574-4.6%

$4,311-20.9%

$3,356+1.6%

Admin fee / account holder

$74

$72+3.4%

$7,645-99.0%

$70+5.6%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$206,855

GYL FINANCIAL SYNERGIES1 year

Filed as: GYL FINANCIAL SYNERGIES,LLC

Service code 27 · EIN 81-3263476

Advisory (Plan)

$45,000

DANA INVESTMENT ADVISORS1 year

Filed as: DANA GOLDEN

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

JENNIFER KELLNER1 year

Filed as: JENNIFER ECK

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Filed as: JOHN ZIEMAK

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

JOSH TODD1 year

Filed as: JOSH SACHS

Service code 56

PITTSBURGH GLASS WORKS LLC · PITTSBURGH, PA 15212

Non-monetary compensation

PITTSBURGH GLASS WORKS LLC1 year

Service code 56 · EIN 41-0449260

Non-monetary compensation

TIM KELLY2+ 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