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Original filing (PDF)20251015111606NAL0002308595003
THE PNC FINANCIAL SERVICES GROUP, INC.
Form 5500
FILING_RECEIVED
THE PNC FINANCIAL SERVICES GROUP, INC. INCENTIVE SAVINGS PLAN
401(k) retirement plan
Signals · 3
26% in single holdingNo recordkeeper disclosed8 service providers
Active participants
53,180
Accounts w/ balance
75,644
Plan assets (EOY)
$10.2B
Net assets (EOY)
$10.2B
How this plan invests
This plan
18 pooled trusts
Schedule D
23 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
87
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Collective Trust Funds State Street Global Advisors SSGA S&P 500 Index Fund N/R" is 26% of plan.
- 8 bps in Schedule C fees — 55% above peer band of 5 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE PNC FINANCIAL SERVICES GROUP, INC..
Plan sponsor
Name
THE PNC FINANCIAL SERVICES GROUP, INC.
EIN
25-1435979
Address
249 FIFTH AVENUE · 21ST FLOOR, P-1-POPP-21-B · PITTSBURGH, PA · 152222709
Phone
(412) 807-6258
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Name
THE PNC FINANCIAL SERVICES GROUP, INC. ADMINISTRATIVE COMMITTEE
EIN
25-1435979
City
PITTSBURGH, PA
Phone
(412) 807-6258
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2O · ESOP (non-leveraged)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
8 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PNC FINANCIAL SERVICES | 25-1435979 | — | PLAN ADMINISTRATOR | $188K | — |
Other
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALIGHT SOLUTIONS FIN ADVS-PROF MGMT | 35-2421957 | — | NONE | $4.1M | — |
| ALIGHT SOLUTIONS | 82-1061233 | — | NONE | $3.2M | — |
| CAMBRIDGE ASSOCIATES LLC | — | BOSTON, MA | NONE | $197K | — |
| ALIGHT SOLUTIONS FIN ADVS-PLATFORM | 35-2421957 | — | NONE | $153K | — |
| MORGAN LEWIS AND BOCKIUS LLP | — | PHILADELPHIA, PA | NONE | $33K | — |
| BAKER TILLY US, LLP | 30-1413443 | — | NONE | $31K | — |
| TOWERS WATSON AND CO | 23-1159360 | — | NONE | $20K | — |
Investments
5 direct securities · 18 pooled funds· $10.2B(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$9.0B
18 holdings
Uncategorized
$513.6M
3 holdings
Common Stocks
$492.7M
1 holding
Registered Investment Companies
$203.1M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| SSGA S&P 500 FUND STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 388 | Common Collective Trust | — | — | $2.7B | 26.1% | |
| RUSSELL SMALL/MID CAP INDEX STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 461 | Common Collective Trust | — | — | $995.6M | 9.8% | |
| LIFEPATH INDEX RETIREMENT FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3274988 / PN 001 | Common Collective Trust | — | — | $676.9M | 6.6% | |
| LIFEPATH INDEX 2035 FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3182755 / PN 001 | Common Collective Trust | — | — | $614.9M | 6.0% | |
| LIFEPATH INDEX 2030 FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3152218 / PN 001 | Common Collective Trust | — | — | $597.3M | 5.9% | |
| LIFEPATH INDEX 2040 FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3199119 / PN 001 | Common Collective Trust | — | — | $517.4M | 5.1% | |
| LIFEPATH INDEX 2045 FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3214715 / PN 001 | Common Collective Trust | — | — | $511.2M | 5.0% | |
| LIFEPATH INDEX 2050 FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3226904 / PN 001 | Common Collective Trust | — | — | $496.6M | 4.9% | |
| Fund * The PNC Financial Services Group, Inc. PNC Common Stock Fund N/R | Common Stocks | — | — | $492.7M | 4.8% | |
| SSGA GLOBAL EQUITY INDEX FUND STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 456 | Common Collective Trust | — | — | $413.7M | 4.1% | |
| Cash Equivalent BlackRock, Inc. BlackRock Government Short Term Investment Fund N/R | — | — | — | $362.6M | 3.6% | |
| SSGA INTERNATIONAL INDEX FUND STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 009 | Common Collective Trust | — | — | $313.4M | 3.1% | |
| SSGA U.S. BOND FUND STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 495 | Common Collective Trust | — | — | $305.6M | 3.0% | |
| TRP STABLE VALUE FUND T. ROWE PRICE TRUST COMPANY · EIN 52-1309931 / PN 001 | Common Collective Trust | — | — | $245.6M | 2.4% | |
| BlackRock, Inc. BlackRock Funds High Yield Bond Fund N/R | Registered Investment Companies | — | — | $203.1M | 2.0% | |
| LIFEPATH INDEX 2055 FUND G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3243273 / PN 001 | Common Collective Trust | — | — | $178.0M | 1.7% | |
| LIFEPATH INDEX 2060 G BLACKROCK INSTL TRUST COMPANY N.A. · EIN 82-3258496 / PN 001 | Common Collective Trust | — | — | $138.8M | 1.4% | |
| SSGA EMERGING MARKETS STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 236 | Common Collective Trust | — | — | $126.0M | 1.2% | |
| Participant loans Interest rates: 2.33% to 9.53% $0 | — | — | — | $117.5M | 1.2% | |
| TIPS FUND BLACKROCK INSTL TRUST COMPANY N.A. · EIN 36-4495972 / PN 001 | Common Collective Trust | — | — | $84.0M | 0.8% | |
| LIFEPATH INDEX 2065 FUND BLACKROCK INSTL TRUST COMPANY N.A. · EIN 84-1787954 / PN 001 | Common Collective Trust | — | — | $62.9M | 0.6% | |
| SSGA REAL RETURN STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 373 | Common Collective Trust | — | — | $38.9M | 0.4% | |
| Vanguard Investments Vanguard Real Estate Index Fund N/R | — | — | — | $33.5M | 0.3% |