Providers › Trustee and custodial
Service provider · Schedule C, plan year 2024
PNC Bank
Most often reported for trustee and custodial
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. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 76 retirement plans with 100 or more participants reported paying PNC Bank $5,000 or more. Those plans cover 216,321 participant records, and the service most often reported is trustee and custodial.
Reported compensation from those plans, direct and indirect, totalled $4.1M. Per plan, the median was $25.55 per participant, with the middle half of plans between $14.51 and $91.32. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Pennsylvania (24), Ohio (11) and Michigan (8).
In 2009 it appeared on 393 such filings; in 2024, 82 (down 79%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $14.51 | $25.55 | $91.32 |
| Compensation as a share of plan net assets | 0.01% | 0.03% | 0.16% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Bakery & Confectionery Union & Industry International Pension Fund | Joint Board of Trustees, Bakery & Confectionery Union & Industry | MD | 99,660 | $6.56B | $479K |
| Laborers District Council of W PA Pension Fund | Laborers District Council of W PA Pension Fund Board of Trustees | PA | 16,000 | $947M | $45K |
| The National Football League Club Employees Pension Plan | Multiple Employers | MD | 11,358 | $2.20B | $309K |
| Steamfitters Local Union No. 420 Pension Plan | Board of Trustees of Steamfitters Lu 420 Pension Plan | PA | 5,303 | $643M | $84K |
| SW Oh Regional Council of Carpenters Pension Plan | SW Oh Regional Council of Carpenters | MI | 5,233 | $414M | $50K |
| Steamfitters Local 449 Retirement Security Fund | Board of Trustees, Steamfitters Local #449 Retirement Security Fund | PA | 4,857 | $402M | $5,124 |
| Building Trades Pension Plan of Western Pennsylvania | Board of Trustees Building Trades Pension Plan of Western Pennsylvan. | OH | 3,907 | $115M | $25K |
| Building Laborers Local 310 Pension Fund | Building Laborers 310 Pension Fund | OH | 3,822 | $419M | $5,141 |
| NFL Pension Plan | National Football League | NY | 3,276 | $544M | $74K |
| Steamfitters Local #449 Pension Plan | Board of Trustees Steamfitters Local #449 Pension Fund | PA | 3,234 | $479M | $134K |
| Leather Goods, Handbags, and Novelty Workers Union Local 1 Joint Retirement Fund | BD of Trustees Joint Retirement Fund | PA | 3,030 | $959K | $9,783 |
| Local Union 212 IBEW Pension Trust Fund | Local Union No 212 IBEW Pension | OH | 3,003 | $307M | $43K |
| The National Football League Capital Accumulation Plan | National Football League | NY | 2,849 | $254M | $35K |
| Pension Plan-Amalgamated Meat Cutters & Retail Food Store Local 342 | BD of Trustees of Pension Fund Amal Meat Cutters | PA | 2,624 | $1.1M | $5,873 |
| Roofers Union Local 30 Combined Pension Fund | Joint Board of Trustees Roofers Local Union 30 | MI | 2,548 | $171M | $33K |
| South Florida Electrical Workers Pension Plan | Trustees of South Florida Electrical Workers Pension Plan | AZ | 2,348 | $148M | $32K |
| Amerihealth Caritas Pension Plan | Amerihealth Caritas Services, LLC | PA | 2,294 | $188M | $55K |
| Firstgroup America, Inc. Pension Plan | Firstgroup America, Inc. | OH | 2,216 | $93.8M | $27K |
| Ampco-Pittsburgh Corporation Retirement Plan | Ampco-Pittsburgh Corporation | PA | 2,015 | $161M | $389K |
| Pipe Fitters Local Union No. 120 Pension Plan | Pipe Fitters Local Union 120 Pens. Fund | OH | 2,009 | $221M | $37K |
| Roofers Union Local 30 Combined Annuity Fund | Joint Board of Trustees Roofers Union Local 30 | MI | 1,985 | $112M | $16K |
| IBEW Local No. 82 Pension Plan | IBEW Local No. 82 Pension Plan | PA | 1,789 | $153M | $16K |
| The National Football League Capital Accumulation Plan | Green Bay Packers, Inc. | WI | 1,565 | $79.8M | $11K |
| Neca Local Union No 313 IBEW Pension Plan | BD of Tees of Neca Lu No 313 IBEW Pension Plan | PA | 1,460 | $234M | $81K |
| IBEW Local Union No. 98, Zone 2 Pension Trust Fund | IBEW Local Union 98 | PA | 1,338 | $118M | $19K |
| Shopmen Local Union 502 Pension Plan | Shopmen Iron Workers Local 502 Board of Trustees Pension Fund | PA | 1,208 | $75.1M | $21K |
| Messer Construction Co. Hourly Employees' Retirement Plan | Messer Construction Co. | OH | 1,182 | $37.9M | $7,553 |
| Bna Employees Retirement Plan | Bloomberg Industry Group, Inc. | VA | 1,145 | $313M | $331K |
| Bradford White Corporation UAW Retirement Income Plan | Bradford White Corporation | PA | 1,136 | $79.3M | $250K |
| Messer Inc. Employee Stock Ownership Plan | Messer Inc. | OH | 1,103 | $651M | $28K |
| Bricklayers Pension Plan of Western PA | Bricklayers Pension Fund Trustees | OH | 1,054 | $54.4M | $16K |
| Operative Plasterers & Cement Masons Officers & Employees Pension Fund | Operative Plasterers & Cement Masons Off & Emp Pension Fund Trste | MD | 1,042 | $109M | $25K |
| Retirement Plan for Employees of Meadville Medical Center | Meadville Medical Center | PA | 1,031 | $71.7M | $42K |
| Detroit Free Press, Inc. Newspaper Guild of Detroit Pension Plan | Joint Board of Administration C/o Benesys | MI | 936 | $97.3M | $51K |
| Do IT Best Corp. Restated Retirement Plan | Do IT Best Corp. | IN | 919 | $78.4M | $33K |
| Pension Plan for Members of the Bargaining Unit of Greater Baltimore Medical Center | Greater Baltimore Medical Center | MD | 841 | $35.8M | $19K |
| St. Marys Hospital of St. Marys County Pension Plan and Trust | St. Marys Hospital of St. Marys County, Inc. | MD | 815 | $42.8M | $60K |
| Sheet Metal Workers Local 224 Pension Fund | Sheet Metal Workers Local 224 Pension Fund BD of Trustees | MI | 795 | $76.1M | $18K |
| The National Football League Capital Accumulation Plan | San Francisco Forty Niners, Limited | CA | 792 | $102M | $13K |
| United Union of Roofers, Waterproofers and Allied Workers, Local No. 44 Pension Plan | United Union of Roofers, Waterproofers and Allied Workers, Local No. | OH | 736 | $98.2M | $43K |
Questions and answers
How many plans does PNC Bank serve?
76 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay PNC Bank?
The median plan reported $25.55 per participant in direct and indirect compensation (75 plans reporting an amount), or 0.03% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Trustee (bank, trust company, or similar financial institution) (30 plans), Custodial (securities) (24 plans), Trustee (directed) (15 plans) and Investment management (15 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.