401(k) · DOL Form 5500 · 2022

Penske Racing South, Inc. 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
388
Participants Below avg headcount
90th
Percentile by assets National rank
$169,757
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Performance Group 401(k) Retirement Savings Plan · Sponsored by Penske Racing South, Inc. · North Carolina · Arts, Entertainment & Recreation

$66M in assets, 388 participants

Penske Racing South, Inc.'s Performance Group 401(k) Retirement Savings Plan reported $66M in total assets and 388 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #2,922 in Arts, Entertainment & Recreation (3,077 peers)

Coverage in North Carolina

Performance Group 401(k) Retirement Savings Plan covers 388 participants in North Carolina, about 47% of the average North Carolina filer (state average ~819 per filing). Assets: $66M.

#2,922
in Arts, Entertainment & Recreation (3,077 peers)
-12.3%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Performance Group 401(k) Retirement Savings Plan's outsized position by total assets

Performance Group 401(k) Retirement Savings Plan vs every filed plan by assets

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

$65,865,565 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Performance Group 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Performance Group 401(k) Retirement Savings Plan sits mid-pack in the medium band (388 participants).

DOL schedule card

Filing strip 223024255 · Penske Racing South, Inc. PY 2022 · 401(k)

Performance Group 401(k) Retirement Savings Plan · $66M · 388 · 90th

  • VS-ST $66M
  • VS-ST 388
  • VS-ST 90th
  • VS-ST 401(k)
  • VS-ST near Koss-Winn Bancshares, Inc. Employee Stock Ownership Plan with 401(k) Provisions
  • VS-ST ind #2922

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Arts, Entertainment & Recreation retirement plans → · Plans in North Carolina →

Performance Group 401(k) Retirement Savings Plan in the asset neighbourhood

Aronson LLC 401(k) Plan & TrustAronson LLC 401(k) Plan & Tr…$66MPerformance Group 401(k) Retirement Savings PlanPerformance Group 401(k) Ret…$66MKoss-Winn Bancshares, Inc. Employee Stock Ownership Plan with 401(k) ProvisionsKoss-Winn Bancshares, Inc. E…$66MPlansource Financial Services, Inc. Retirement Savings PlanPlansource Financial Service…$66MWillcox & Savage, P.C. Profit-Sharing Retirement PlanWillcox & Savage, P.C. Profi…$66M
End-of-year total assets ($M) among Performance Group 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$66M
Net Income-$9M
Employer EIN223024255
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Racing South, Inc.)

Sponsor-wide plan assets over time

All Penske Racing South, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 24.48984382051532% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $65.9M $82M ▲ +24.5%
Year Plans Participants Total Assets
2022 1 388 $66M
2023 1 401 $75M
2024 1 425 $82M

Nearby 401(k) Plans in North Carolina

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

Performance Group 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Performance Group 401(k) Retirement Savings Plan, Total assets ($B): 0.065865565 · Participants: 388Performance Group 401(k) Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Performance Group 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Performance Group 401(k) Retirement Savings Plan side-by-side with 3 peers →

Performance Group 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Koss-Winn Bancshares, Inc. Employee Stock Ownership Plan with 401(k) Provisions in IA ($66M); by covered participants it is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (388 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (388 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Performance Group 401(k) Retirement Savings Plan assets move in 2022? ▼
Performance Group 401(k) Retirement Savings Plan pulled back noticeably - down 12.3% during 2022, from $75M to $66M. Reported net income was -$9M.
How have Penske Racing South, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Racing South, Inc.'s sponsor-wide assets grew 24.5%, from $66M to $82M.
Where does Performance Group 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Performance Group 401(k) Retirement Savings Plan ranks in the 90th 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 Performance Group 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Koss-Winn Bancshares, Inc. Employee Stock Ownership Plan with 401(k) Provisions in IA ($66M, 45 participants).
Which 401(k) plans cover a similar participant headcount to Performance Group 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (388 participants, $50M in assets).

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 223024255.

Read our methodology - how this data is sourced, computed, and verified.

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