401(k) · DOL Form 5500 · 2022

Penske Motor Group, LLC 401(k) Plan

Data updated 2026-08-11

$123M
Total assets
927
Participants
94th
Percentile by assets
$133,219
Avg per participant
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Official DOL plan name: Penske Motor Group 401(k) Savings Plan · Sponsored by Penske Motor Group, LLC · California · Retail Trade

$123M in assets, 927 participants

Penske Motor Group, LLC's Penske Motor Group 401(k) Savings Plan reported $123M in total assets and 927 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 139,126 plans)
  • #9,194 in Retail Trade (9,519 peers)

Where Penske Motor Group 401(k) Savings Plan sits by assets

Penske Motor Group 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $123M for 927 participants (~$133,219/participant), down 12.3% in 2022.

$123M
total plan assets (2022 EOY)
927
covered participants
94th
percentile by assets (of 139,126 plans)
$133,219
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Penske Motor Group 401(k) Savings Plan sits by total assets

Penske Motor Group 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$123,493,909 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Industry

Penske Motor Group 401(k) Savings Plan vs the 2022 asset distribution

By assets, Penske Motor Group 401(k) Savings Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$141M
Net Assets (End of Year)$123M
Net Income-$17M
Employer EIN454060873
Plan Effective Date2012-12-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Motor Group, LLC)

$100M$120M$140M$160M$180M 202220232024 $123M $164M ▲ +32.8%
Total plan assets by year, all Penske Motor Group, LLC plans on file
Year Plans Participants Total Assets
2022 1 927 $123M
2023 1 983 $143M
2024 1 993 $164M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Penske Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Penske Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Penske Motor Group 4…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Penske Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Penske Motor Group 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Penske Motor Group 401(k) Savings Plan assets move in 2022?
Penske Motor Group 401(k) Savings Plan pulled back noticeably - down 12.3% during 2022, from $141M to $123M. Reported net income was -$17M.
How have Penske Motor Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Penske Motor Group, LLC's sponsor-wide assets grew 32.8%, from $123M to $164M.
Where does Penske Motor Group 401(k) Savings Plan rank by assets among Form 5500 filers?
Penske Motor Group 401(k) Savings Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Penske Motor Group 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Daifuku North America Group Employees' Retirement Savings Plan in MI ($123M, 3,460 participants).

Next read for Penske Motor Group 401(k) Savings Plan

Scale reading

Ways to act on Penske Motor Group 401(k) Savings Plan's numbers.

  • By total assets, Penske Motor Group 401(k) Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Penske Motor Group, LLC's sponsor-wide assets have grown 32.8% since 2022 across 3 plan years on file. More Retail Trade plans