Plan Snapshot
- Plan Sponsor: Ppg Industries, INC.
- Sponsor EIN: 250730780
- Sponsor Address: ONE PPG PLACE, PITTSBURGH, PA, 15272
- Plan Type: 401(k)
- Total Participants: 11,668
- Total Assets: $4.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 11,668 | $4.3B | $98.4M | $107.2M |
| 2023 | 16,534 | $4.1B | $95.6M | $100.9M |
| 2022 | 15,938 | $3.6B | $86.2M | $93.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $1,189,784 | — | $1,189,784 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $493,142 | — | $493,142 |
| PPG INDUSTRIES, INC. | OTHER | $432,578 | — | $432,578 |
| PWC | ACCOUNTANT/AUDITOR | $117,500 | — | $117,500 |
| WILLIS TOWERS WATSON | CONSULTANT | $109,802 | — | $109,802 |
| K&L GATES | ATTORNEY/LEGAL | $80,500 | — | $80,500 |
| GRANT THORTON. LLP | ACCOUNTANT/AUDITOR | $26,513 | — | $26,513 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PWC — ACCOUNTANT/AUDITOR
- GRANT THORTON. LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,449,819
- Estimated Expense Ratio: 0.057% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,467,606 | $2,099,322 | $6,900 | $144,013 | — |
| 2023 | $2,372,063 | $1,160,090 | $9,900 | $136,066 | — |
| 2022 | $2,605,046 | $845,239 | — | — | — |