Plan Ledger DOL Form 5500 · updated monthly

Ppg Industries, Inc.401(k) + ESOP (KSOP)

PPG INDUSTRIES, INC. EMPLOYEE SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Ppg Industries, Inc. reported $3,467,606 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,433 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 16th-largest of 3,651 plans among Pennsylvania employers on file, and the 85th of 13,661 in manufacturing. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has shrunk from 15,938 to 11,668 since 2022.

Plan summary
Net assets, end of year$4,285,542,612
Participants with balances22,855
Active participants11,668
Employer contributions$98,399,202
Employee contributions$107,217,455
Employer contribution per active participant$8,433
Average account balance$187,510
Benefits paid to participants$497,076,207
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3B · 22,855 accts · $98.4M emplr
2023$4.1B · 23,904 accts · $95.6M emplr
2022$3.6B · 23,509 accts · $86.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$493,142
Investment management$2,099,322
Audit (IQPA)$144,013
Total administrative$3,467,606
The Ppg Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$8,433
Median for plans this size$5,259
2024$8,433 per active participant
2023$5,781 per active participant
2022$5,411 per active participant

Ppg Industries, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20248
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$1,189,784
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$493,142
PPG INDUSTRIES, INC.$432,578
PWC · Accounting / audit$117,500
WILLIS TOWERS WATSON · Consulting$109,802
K&L GATES · Legal$80,500
GRANT THORTON. LLP · Accounting / audit$26,513
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$3,467,606 · 0.08%
2023$2,372,063 · 0.06%
2022$2,605,046 · 0.06%
All plans at this employer2
PPG INDUSTRIES, INC. EMPLOYEE SAVINGS PLAN401(k) + ESOP (KSOP)
PPG PUERTO RICO EMPLOYEE SAVINGS PLANProfit-sharing plan
Same employer
Similar plansManufacturing · Pennsylvania
Glaxosmithkline LLC PA$10.0B · 0.09%
Micron Technology, Inc. ID$4.4B · 0.04%
Koch Companies, LLC KS$4.3B · 0.02%
Analog Devices, Inc. MA$4.3B · 0.01%
Gilead Sciences, Inc. CA$4.3B · 0.00%
Ecolab Inc. MN$4.2B · 0.03%
Corning Incorporated NY$4.1B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250730780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.