Plan Snapshot
- Plan Sponsor: The Pnc Financial Services Group, INC.
- Sponsor EIN: 251435979
- Sponsor Address: 249 FIFTH AVENUE, PITTSBURGH, PA, 15222
- Plan Type: 401(k)
- Plan Number: 509
- Total Participants: 52,499
- Total Assets: $3.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 52,499 | $3.3M | $14.9M | $2.5M |
| 2023 | 53,930 | $1.4M | $12.2M | $2.7M |
| 2022 | 57,471 | $1.5M | $12.5M | $2.7M |
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 |
|---|---|---|---|---|
| LINCOLN LIFE ASSURANCE CO OF BOSTON | Recordkeeper | $2,296,745 | — | $2,296,745 |
| BAKER TILLY US, LLP | Auditor | $29,150 | — | $29,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN LIFE ASSURANCE CO OF BOSTON — Recordkeeper
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,325,895
- Estimated Expense Ratio: 70.137% 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 | $2,325,895 | — | $2,296,745 | $27,050 | — |
| 2023 | $2,064,983 | — | $2,035,858 | $27,150 | — |
| 2022 | $1,935,459 | — | $1,910,809 | — | $24,650 |