Employers › PPG Industries
Recordkeeping fees per participant · PPG Industries, Inc. Employee Savings Plan · plan year 2024
$21.28
Higher than 26% of the 790 plans over $1B that report it.
= $486,242 / 22,855
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013150331NAL0001578705001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150331NAL0001578705001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$59.87
Higher than 72% of the 1,045 plans over $1B that report it.
= $1,368,284 / 22,855
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013150331NAL0001578705001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150331NAL0001578705001, received 2025-10-13
Administrative expenses per participant
$151.72
Higher than 87% of the 1,076 plans over $1B that report it.
= $3,467,606 / 22,855
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013150331NAL0001578705001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150331NAL0001578705001, received 2025-10-13
Administrative expenses as a share of assets
0.081%
Higher than 80% of the 1,076 plans over $1B that report it.
= $3,467,606 / $4,285,542,612
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013150331NAL0001578705001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013150331NAL0001578705001, received 2025-10-13
Employer contributions per participant
$4,305
Higher than 59% of the 1,135 plans over $1B that report it.
= $98,399,202 / 22,855
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013150331NAL0001578705001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150331NAL0001578705001, received 2025-10-13
Employer share of total contributions
43.5%
Higher than 82% of the 1,135 plans over $1B that report it.
= $98,399,202 / $226,140,733
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013150331NAL0001578705001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013150331NAL0001578705001, received 2025-10-13
Employer match
“For most participants, Company-matching contributions are established each year at the discretion of the Company and are applied to participant accounts up to a maximum of 6% of eligible participant compensation.”
Form 10-K filed 2026-02-19, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Eligibility
“An eligible employee may become a participant of the Plan as soon as administratively possible after enrollment.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Automatic enrollment
“Eligible employees are automatically enrolled in the Plan, unless they elect to not participate, with before-tax contributions equal to 4% of eligible earnings.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, general · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2P · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013150331NAL0001578705001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PPG INDUSTRIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Plan name | PPG INDUSTRIES, INC. EMPLOYEE SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Sponsor EIN / plan number | 25-0730780 / 384 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Sponsor location | PITTSBURGH, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Industry (business code) | 325500, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Participants, beginning of year | 24,217 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Active participants | 11,668 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Participants, end of year | 23,059 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Participants with an account balance | 22,855 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Total assets, beginning of year | $4,107,821,622 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Total assets, end of year | $4,285,542,612 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Net assets, end of year | $4,285,542,612 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Total income | $678,620,719 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Net income | $177,720,990 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Employer contributions | $98,399,202 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Participant contributions | $107,217,455 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $20,524,076 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Total contributions | $226,140,733 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Benefit payments | $497,076,207 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $500,899,729 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Total administrative expenses | $3,467,606 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Contract administrator fees | $6,900 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Recordkeeping fees | $486,242 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| IQPA audit fees | $144,013 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Investment advisory and management fees | $2,099,322 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Administrative expenses excluding investment management | $1,368,284 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Held in common/collective trusts | $3,228,348,450 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Held in mutual funds | $94,470,433 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013150331NAL0001578705001, received 2025-10-13 |
| Independent auditor | PRICEWATERHOUSECOOPERS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013150331NAL0001578705001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013150331NAL0001578705001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $1,189,784 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 99 Other fees | $493,142 | yes |
| PPG INDUSTRIES, INC. | OTHER | 99 Other fees | $432,578 | no |
| PWC | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $117,500 | no |
| WILLIS TOWERS WATSON | CONSULTANT | 16 Consulting (general) | $109,802 | no |
| K&L GATES | ATTORNEY/LEGAL | 29 Legal | $80,500 | no |
| GRANT THORTON. LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $26,513 | no |
| WEALTH MANAGEMENT SYSTEMS INC | NONE | 49 Other services | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013150331NAL0001578705001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,107,821,622 | $4,285,542,612 | 4.3% |
| Participants with a balance | 23,904 | 22,855 | -4.4% |
| Administrative expenses | $2,372,063 | $3,467,606 | 46.2% |
| Recordkeeping fees per participant | $19.67 | $21.28 | 8.2% |
| Employer contributions | $95,576,544 | $98,399,202 | 3.0% |
Prior filing 20241003161221NAL0017560384001, received 2024-10-03; the plan years are contiguous.
Sponsor name as filed: PPG INDUSTRIES, INC.; SEC registrant: PPG INDUSTRIES INC (CIK 79879, matched by EIN; display name from the Form 10-K cover).