Industry · Form 5500 business code 325500
Paint, Coating, & Adhesive Mfg: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 90 retirement plans in paint, coating, & adhesive mfg with 100 or more participants filed Form 5500: 81 defined contribution and 9 defined benefit. They reported 220,378 participant records and $24.5B in net assets, counting every plan on the form.
The median defined contribution plan held $76,569 per participant, well above the national median of $53,031, and its employer put in $2,645 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $128 per participant against $123 nationally.
Employers contributed $581M and participants $676M during the year, and the plans paid out $2.90B in benefits.
In 2009 the same group numbered 128 plans with $7.99B; by 2024 it was 90 plans (down 30%) and $24.5B (up 207%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $76,569 | $53,031 | $75,377 | $86,234 |
| Employer contributions per active participant | $2,645 | $2,174 | $8,242 | $10,244 |
| Schedule C compensation per participant | $128 | $123 | $304 | $344 |
| Schedule C compensation, share of net assets | 0.14% | 0.26% | 0.64% | 0.42% |
| Administrative expenses per participant | $123 | $116 | $593 | $527 |
Medians across plans with 100 or more participants (75 DC and 9 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $42,978 | $76,569 | $127,202 | 75 |
| Employer contributions per active participant | $1,632 | $2,645 | $3,829 | 73 |
| Schedule C compensation per participant | $52.62 | $128 | $246 | 67 |
| Administrative expenses per participant | $52.90 | $123 | $239 | 72 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 13 | 22,275 | $3.16B | $77.9M | $123M | $119,733 | $133 |
| 2024 | 90 | 220,378 | $24.5B | $581M | $676M | $76,569 | $128 |
| 2023 | 99 | 225,815 | $23.6B | $552M | $639M | $70,338 | $117 |
| 2022 | 100 | 225,485 | $20.3B | $478M | $600M | $54,624 | $113 |
| 2021 | 102 | 219,271 | $26.5B | $425M | $556M | $72,049 | $108 |
| 2020 | 99 | 212,981 | $23.0B | $399M | $495M | $66,133 | $122 |
| 2019 | 102 | 216,387 | $21.4B | $403M | $510M | $58,924 | $101 |
| 2018 | 100 | 208,641 | $17.3B | $495M | $451M | $52,087 | $99.43 |
| 2017 | 101 | 209,491 | $18.9B | $418M | $412M | $58,731 | $74.29 |
| 2016 | 104 | 210,481 | $17.0B | $484M | $409M | $57,386 | $64.89 |
| 2015 | 110 | 220,088 | $16.2B | $360M | $377M | $51,056 | $42.21 |
| 2014 | 112 | 225,484 | $16.9B | $371M | $344M | $54,083 | $31.47 |
| 2013 | 112 | 215,143 | $15.2B | $450M | $314M | $52,011 | $22.70 |
| 2012 | 115 | 193,486 | $13.4B | $323M | $278M | $44,258 | $21.46 |
| 2011 | 112 | 160,569 | $8.46B | $270M | $200M | $42,574 | $23.08 |
| 2010 | 121 | 162,314 | $8.86B | $352M | $193M | $43,690 | $19.73 |
| 2009 | 128 | 178,560 | $7.99B | $238M | $195M | $36,636 | $24.87 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 90 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 90 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| The Sherwin-Williams Company 401(k) Plan | The Sherwin-Williams Company | OH | DC | 62,829 | $10.6B | $168,132 | $3,387 | $27.21 |
| The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan | The Sherwin-Williams Company | OH | DC | 52,893 | $1.72B | $32,467 | $2,176 | $20.75 |
| PPG Industries, Inc. Employee Savings Plan | PPG Industries, Inc. | PA | DC | 23,059 | $4.29B | $185,851 | $8,433 | $103 |
| RPM International Inc. 401(k) Trust and Plan | RPM International Inc. | OH | DC | 11,923 | $1.56B | $130,979 | $3,212 | $64.54 |
| RPM International Inc. Retirement Plan | RPM International Inc. | OH | DB | 10,347 | $809M | $78,168 | $6,734 | $155 |
| Axalta Coating Systems, LLC Retirement Savings Plan | Axalta Coating Systems, LLC | PA | DC | 4,299 | $594M | $138,151 | $6,565 | $128 |
| Sika Corporation 401(k) Savings Plan | Sika Corporation | NJ | DC | 4,150 | $536M | $129,107 | $3,561 | $75.62 |
| Falls of Neuse Management LLC 401(k) Plan | Falls of Neuse Managment LLC, a North Carolina LLC | NC | DC | 3,733 | $114M | $30,586 | $1,275 | $31.50 |
| H.B. Fuller Company 401(k) & Retirement Plan | H.B. Fuller Company | MN | DC | 3,440 | $562M | $163,394 | $6,082 | $310 |
| The Np-Usa Group Retirement Plan | Nippon Paint (USA) Inc. | CA | DC | 3,151 | $217M | $68,797 | $1,390 | $90.99 |
| Employees Retirement Plan of Si Group, Inc. | Si Group, Inc. | TX | DB | 2,636 | $294M | $111,413 | $34,721 | $211 |
| Benjamin Moore & Co. Deferred Savings and Investment Plan | Benjamin Moore & Co. | NJ | DC | 2,607 | $438M | $168,131 | $6,677 | $45.99 |
| Tronox Incorporated Retirement Plan | Tronox Incorporated | CT | DB | 2,439 | $171M | $70,106 | — | $497 |
| Paintmakers Money Accumulation Pension Plan B | Board of Trustees, Paintmakers Money Accumulation | WA | DC | 1,748 | $39.7M | $22,694 | $2,996 | $85.76 |
| Icp Group 401(k) Savings Plan | Icp Construction, Inc. | MA | DC | 1,653 | $46.7M | $28,281 | $2,877 | $172 |
| Ingevity Corporation | Ingevity Corporation Retirement Savings Plan | SC | DC | 1,616 | $306M | $189,648 | $8,824 | $258 |
| The Sherwin-Williams Company Employees' Pension Plan | The Sherwin-Williams Company | OH | DB | 1,385 | $149M | $107,322 | — | — |
| Diamond Vogel, Inc. 401(k) Plan | Diamond Vogel, Inc. | IA | DC | 1,344 | $81.0M | $60,294 | $2,397 | $126 |
| Mactac 401(k) and Profit Sharing Plan | Morgan Adhesives Company, LLC | OH | DC | 1,117 | $88.0M | $78,753 | $2,924 | $103 |
| The Sherwin-Williams Company Hourly 401(k) Plan | The Sherwin-Williams Company | OH | DC | 1,102 | $58.3M | $52,876 | $170 | — |
| GG Brands Company Savings Plan | GG Brands Company | OH | DC | 1,017 | $61.9M | $60,866 | $3,162 | $163 |
| Polynt Composites USA Inc. 401(k) Plan | Polynt Composites USA Inc. | IL | DC | 891 | $187M | $209,534 | $8,189 | $166 |
| Tronox Incorporated Savings Investment Plan | Tronox Incorporated | CT | DC | 840 | $298M | $355,060 | $17,909 | $255 |
| The Shepherd 401(k) Plan | The Shepherd Material Science Company | OH | DC | 701 | $132M | $188,402 | $4,704 | $148 |
| Laticrete International, Inc. 401(k) Savings and Profit Sharing Plan | Laticrete International, Inc. | CT | DC | 651 | $74.1M | $113,789 | $2,884 | $140 |
| Siegwerk USA Inc. Retirement Plan | Siegwerk USA Inc. | IA | DC | 635 | $58.6M | $92,290 | $3,823 | $190 |
| Vista Paint Corporation 401(k) Salary Savings Plan | Vista Paint Corporation | CA | DC | 612 | $21.8M | $35,652 | — | $163 |
| Techmer PM, LLC 401(k) Profit Sharing Plan | Techmer PM, LLC | TN | DC | 599 | $69.1M | $115,399 | $3,375 | $236 |
| Meridian Adhesives Group Retirement Savings Plan | Meridian Adhesives Group, Inc. | NC | DC | 583 | $24.6M | $42,157 | $2,017 | $130 |
| McA Pension Plan - Methacrylates Division | Mitsubishi Chemical America, Inc. | TN | DB | 543 | $91.5M | $168,446 | — | $118 |
| Rodda Paint Co. 401(k) Plan | Rodda Paint Co. | OR | DC | 505 | $35.2M | $69,746 | $860 | $470 |
| Cardinal Industrial Finishes Profit Sharing and Employee Savings Plan | Cardinal Industrial Finishes | CA | DC | 473 | $25.4M | $53,710 | $1,575 | $8.39 |
| Paintmakers Pension Plan | Board of Trustees, Paintmakers Pension Plan | WA | DB | 467 | $19.0M | $40,787 | $9,749 | $298 |
| Wikoff Color Corporation 401(k) Profit Sharing Plan | Wikoff Color Corporation | SC | DC | 466 | $43.0M | $92,314 | $995 | $203 |
| Tnemec Company, Inc. 401(k) Savings Plan | Tnemec Company, Inc. | MO | DC | 423 | $44.2M | $104,488 | $1,509 | $13.51 |
| The Si Group, Inc. Pension Plan for Represented Employees in Orangeburg, South Carolina | Si Group, Inc. | TX | DB | 413 | $22.4M | $54,221 | $0 | $311 |
| Hempel (USA), Inc. 401(k) Plan | Hempelusa, Inc. | TX | DC | 389 | $35.6M | $91,390 | $3,772 | $261 |
| The Painters & Allied Trades Paint Makers Pension | The Trustees of the Painters & | CA | DB | 388 | $2.9M | $7,453 | — | $450 |
| Ortec, Inc. Employees Retirement Savings and Profit Sharing Plan | Ortec, Inc. | SC | DC | 373 | $27.8M | $74,428 | $1,510 | $77.64 |
| Dymax Corporation 401(k) Plan | Dymax Corporation | CT | DC | 357 | $27.3M | $76,569 | $3,512 | $239 |
By plan size
By state
Questions and answers
How many retirement plans are there in paint, coating, & adhesive mfg?
90 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 122 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in paint, coating, & adhesive mfg?
The median defined contribution plan reported $76,569 in net assets per participant (middle half of plans: $42,978 to $127,202); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in paint, coating, & adhesive mfg?
The median defined contribution plan received $2,645 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in paint, coating, & adhesive mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $128 per participant and 0.14% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.