401(k) · DOL Form 5500 · 2022

Penske Truck Leasing Co., L.P. 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
13,128
Participants
99th
Percentile by assets
$77,622
Avg per participant
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Official DOL plan name: Penske Truck Leasing Co., L.P. Savings Retirement Plan · Sponsored by Penske Truck Leasing Co., L.P. · Pennsylvania · Transportation & Warehousing

$1.0B in assets, 13,128 participants

Penske Truck Leasing Co., L.P.'s Penske Truck Leasing Co., L.P. Savings Retirement Plan reported $1.0B in total assets and 13,128 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #3,810 in Transportation & Warehousing (3,876 peers)

Coverage in Pennsylvania

Penske Truck Leasing Co., L.P. Savings Retirement Plan covers 13,128 participants in Pennsylvania, 16x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.0B.

$1.0B
total plan assets (2022 EOY)
13,128
covered participants
99th
percentile by assets (of 139,126 plans)
$77,622
avg assets per participant

The plan reported a net loss of $207M 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 Truck Leasing Co., L.P. Savings Retirement Plan reports 13,128 participants - 16x that state average ($1.0B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.0B
Net Income-$207M
Employer EIN232518618
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Truck Leasing Co., L.P.)

$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., L.P. 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.

Penske Truck Leasing Co., L.P. Savings Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Penske Truck Leasing Co., L.P. Savings Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants Penske Truck Leasing…Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Penske Truck Leasing Co., L.P. Savings Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Penske Truck Leasing Co., L.P. Savings Retirement Plan

Penske Truck Leasing Co., L.P. Savings Retirement Plan reports $1.0B in end-of-year assets across 13,128 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $77,622 per participant (56% of the national average assets-per-participant) . Net income for plan year 2022 was -$207M.

This plan identity (EIN 232518618, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.3B (+32.1%) while covered participants moved from 13,128 to 17,512 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,128 $1.0B This page
2023 15,015 $1.2B Open filing
2024 · index core 17,512 $1.3B 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 Penske Truck Leasing Co., L.P. Savings Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Penske Truck Leasing Co., L.P. Savings Retirement Plan assets move in 2022?
Penske Truck Leasing Co., L.P. Savings Retirement Plan declined sharply - down 16.9% during 2022, from $1.2B to $1.0B. Reported net income was -$207M.
How have Penske Truck Leasing Co., L.P. plan assets changed over time?
Across 3 plan years on file (2022-2024), Penske Truck Leasing Co., L.P.'s sponsor-wide assets grew 27.6%, from $2.0B to $2.5B.
Where does Penske Truck Leasing Co., L.P. Savings Retirement Plan rank by assets among Form 5500 filers?
Penske Truck Leasing Co., L.P. Savings Retirement Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Penske Truck Leasing Co., L.P. Savings Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Hmh 401(k) Savings Plan in NJ ($1.0B, 25,813 participants).

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Filing takeaways

Ways to act on Penske Truck Leasing Co., L.P. Savings Retirement Plan's numbers.