401(k) · DOL Form 5500 · 2022

Penske Truck Leasing Co., LP 401(k) Plan

Data updated 2026-08-11

$72M
Total assets
8,410
Participants
91st
Percentile by assets
$8,571
Avg per participant
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Official DOL plan name: Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees · Sponsored by Penske Truck Leasing Co., LP · Pennsylvania · Transportation & Warehousing

$72M in assets, 8,410 participants

Penske Truck Leasing Co., LP's Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reported $72M in total assets and 8,410 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #3,461 in Transportation & Warehousing (3,876 peers)

Coverage in Pennsylvania

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees covers 8,410 participants in Pennsylvania, 10x the typical Pennsylvania plan (state average ~822 per filing). Assets: $72M.

$72M
total plan assets (2022 EOY)
8,410
covered participants
91st
percentile by assets (of 139,126 plans)
$8,571
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reports 8,410 participants - 10x that state average ($72M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$72M
Net Income-$11M
Employer EIN232518618
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Truck Leasing Co., LP)

$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.98B $2.52B ▲ +27.3%
Total plan assets by year, all Penske Truck Leasing Co., LP plans on file
Year Plans Participants Total Assets
2022 5 41,117 $2.0B
2023 4 43,770 $2.3B
2024 5 55,942 $2.5B

Nearby 401(k) Plans in Pennsylvania

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

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 -505101520 Total assets ($B) Participants Automotive Component…Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reports $72M in end-of-year assets across 8,410 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $8,571 per participant (6% of the national average assets-per-participant) . Net income for plan year 2022 was -$11M.

This plan identity (EIN 232518618, plan #012) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $72M to $143M (+97.8%) while covered participants moved from 8,410 to 12,660 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,410 $72M This page
2023 8,623 $90M Open filing
2024 · index core 12,660 $143M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees by total assets, not by location.

Frequently Asked Questions

How did Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees assets move in 2022?
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees pulled back noticeably - down 13.2% during 2022, from $83M to $72M. Reported net income was -$11M.
How have Penske Truck Leasing Co., LP plan assets changed over time?
Across 3 plan years on file (2022-2024), Penske Truck Leasing Co., LP's sponsor-wide assets grew 27.6%, from $2.0B to $2.5B.
Where does Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees rank by assets among Form 5500 filers?
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees ranks in the 91st 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 Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees?
Among 401(k) plans in other states, the closest by assets is Camden National Corporation Retirement Savings 401(k) Plan in ME ($72M, 618 participants).

Next read for Automotive Component Carrier, Inc. Perso…

Filing takeaways

Ways to act on Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees's numbers.