401(k)
2022 plan-year 401(k) DOL Form 5500

Penske Motor Group 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Penske Motor Group, LLC · California · Retail Trade

What the 2023 filing shows

Penske Motor Group 401(k) Savings Plan holds $123M for 927 participants — about $133,219 per participant, down 12.3% over the 2022 plan year.

$123M
total plan assets (2022 EOY)
927
covered participants
$133,219
avg assets per participant
-12.3%
assets change YoY

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.

Total Assets (2023)
$123M
Participants
927
State
Industry
Retail Trade

What the Filing Says About Penske Motor Group 401(k) Savings Plan

Penske Motor Group 401(k) Savings Plan is a 401(k) retirement plan sponsored by Penske Motor Group, LLC, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $123M in total end-of-year assets and covers 927 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 454060873, and the plan has been effective since 2012-12-03. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $141M at the beginning of 2022 to $123M at year-end — a decline of 12.3%. Net assets (after liabilities) closed the year at $123M, with reported net income of $-17,331,331 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$141M
Total Assets (End of Year)$123M
Net Assets (End of Year)$123M
Net Income$-17,331,331
Plan Type401(k)
Employer EIN454060873
Plan Effective Date2012-12-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Motor Group, LLC)

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.

Frequently Asked Questions

How much money is in the Penske Motor Group 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Penske Motor Group 401(k) Savings Plan holds $123M in total assets with 927 participants. It is sponsored by Penske Motor Group, LLC.
What type of plan is Penske Motor Group 401(k) Savings Plan?
Penske Motor Group 401(k) Savings Plan is a 401(k) plan. It has been effective since 2012-12-03. The plan is filed with the U.S. Department of Labor under EIN 454060873.
Who sponsors the Penske Motor Group 401(k) Savings Plan?
Penske Motor Group 401(k) Savings Plan is sponsored by Penske Motor Group, LLC, located in California. The sponsor's EIN is 454060873 and the plan operates in the Retail Trade industry.
How did Penske Motor Group 401(k) Savings Plan perform in 2022?
Penske Motor Group 401(k) Savings Plan declined by 12.3% during 2022, moving from $141M to $123M in total assets. Net income was $-17,331,331.
Where can I find official filings for Penske Motor Group 401(k) Savings Plan?
Official Form 5500 filings for Penske Motor Group 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 454060873 or plan name at efast.dol.gov.
How does Penske Motor Group 401(k) Savings Plan compare to other plans?
You can compare Penske Motor Group 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 454060873.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.