Retirement plan

RETIREMENT SAVINGS CONTRIBUTION PLAN

Name: PILKINGTON NORTH AMERICA, INC. - RETIREMENT SAVINGS CONTRIBUTION PLAN (2023) Form 5500
Creator: PILKINGTON NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT SAVINGS CONTRIBUTION PLAN, PILKINGTON NORTH AMERICA, INC.

PILKINGTON NORTH AMERICA, INC.EIN 34-1506654Plan #002PY 2023

811 MADISON AVENUE - TOLEDO, OH 43604419-247-3731

Other plans on this EIN

4 filings

#001Retirement-$346.7M assets #015Retirement-$78.1M assets #030Retirement-$40.3M assets #040Retirement-$40.2M assets

Prospect flagsLow returnsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$39.4M

-3.4% from 2016

Total participants

1,152

-1.5% from 2016

Average account balance

$35,257

-2.5% from 2016

Annual return

13.31%

-8.42 pp from 2016

Benchmarks

See 1,153 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,153 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.16M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

1,167

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.25M

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

+10.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$80

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 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$25,252
MORGAN STANLEY SMITH BARNEY5 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 27 · EIN 20-8764829	Advisory (Plan)	$20,000
M HOLDING SECURITIES, INC.1 year Filed as: P&M HOLDING GROUP LLP DBA PLANTE & Service code 10 16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693	Accounting	$10,113

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$50K

$73 / participant

Investment mgmt$20K40.1%
Contract admin$19K38.4%
Other / not subdivided$11K21.5%

% of EOY assets

0.127%

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: $10,113
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,257

$84,784-58.4%

$98,462-64.2%

$74,478-52.7%

Participation rate

94.9%

81.5%+13.3pp

75.2%+19.7pp

70.7%+24.1pp

Annual return

13.31%

20.59%-7.3pp

21.20%-7.9pp

34.37%-21.1pp

Employer contribution / active EE

$2,100

$3,364-37.6%

$3,049-31.1%

$2,637-20.4%

Participant deferral / active EE

$2,051

$5,218-60.7%

$4,738-56.7%

$4,530-54.7%

Admin fee / account holder

$45

$204-78.2%

$8,875-99.5%

$347-87.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 13

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$25,252

MORGAN STANLEY SMITH BARNEY5 years

Filed as: MORGAN STANLEY GLOBAL BANKING OPERA

Service code 27 · EIN 20-8764829

Advisory (Plan)

$20,000

M HOLDING SECURITIES, INC.1 year

Filed as: P&M HOLDING GROUP LLP DBA PLANTE &

Service code 10

16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693

Accounting

$10,113

RETIREMENT SAVINGS CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT SAVINGS CONTRIBUTION 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