401(k) · DOL Form 5500 · 2022
Penske Truck Leasing Co., LP 401(k) Plan
Data updated 2026-08-11
- $267M
- Total assets
- 5,396
- Participants
- 97th
- Percentile by assets
- $49,393
- Avg per participant
Official DOL plan name: Penske Logistics Retirement Savings Plan · Sponsored by Penske Truck Leasing Co., LP · Pennsylvania · Real Estate
$267M in assets, 5,396 participants
Penske Truck Leasing Co., LP's Penske Logistics Retirement Savings Plan reported $267M in total assets and 5,396 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #5,021 in Real Estate (5,057 peers)
Coverage in Pennsylvania
Penske Logistics Retirement Savings Plan covers 5,396 participants in Pennsylvania, 6.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $267M.
- $267M
- total plan assets (2022 EOY)
- 5,396
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $49,393
- avg assets per participant
The plan reported a net loss of $56M 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. Penske Logistics Retirement Savings Plan reports 5,396 participants - 6.6x that state average ($267M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $323M |
|---|---|
| Net Assets (End of Year) | $266M |
| Net Income | -$56M |
| Employer EIN | 232518618 |
| Plan Effective Date | 1988-04-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penske Truck Leasing Co., LP)
| 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.
Penske Logistics Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Scale composition for Penske Logistics Retirement Savings Plan
Penske Logistics Retirement Savings Plan reports $267M in end-of-year assets across 5,396 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $49,393 per participant (36% of the national average assets-per-participant) . Net income for plan year 2022 was -$56M.
This plan identity (EIN 232518618, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $267M to $360M (+35.1%) while covered participants moved from 5,396 to 5,543 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,396 | $267M | This page |
| 2023 | 5,022 | $313M | Open filing |
| 2024 · index core | 5,543 | $360M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Penske Truck Leasing Co., L.P. Savings Retirement Plan (401(k), $1.3B, 17,512 participants)
- Penske Cash Balance Benefit Plan (Defined Benefit (Pension), $668M, 20,195 participants)
- Penske Logistics Retirement Savings Plan (401(k), $360M, 5,543 participants)
- Penske Retirement Savings Plan (401(k), $143M, 12,660 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Penske Logistics Retirement Savings Plan by total assets, not by location.
- Terumo Bct, Inc. 401(k) Plan (CO) $266M · 2,029
- Kci Holding USA, Inc. 401(k) Plan (OH) $267M · 2,315
- Sevita 401(k) Plan (MA) $267M · 25,111
- Eg America Employee Savings Plan (MA) $267M · 14,467
Frequently Asked Questions
How did Penske Logistics Retirement Savings Plan assets move in 2022? ▼
How have Penske Truck Leasing Co., LP plan assets changed over time? ▼
Where does Penske Logistics Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Penske Logistics Retirement Savings Plan? ▼
Next read for Penske Logistics Retirement Savings Plan
Filing takeaways
Ways to act on Penske Logistics Retirement Savings Plan's numbers.
- By total assets, Penske Logistics Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Penske Truck Leasing Co., LP's sponsor-wide assets have grown 27.6% since 2022 across 3 plan years on file. More Real Estate plans