401(k) · DOL Form 5500 · 2023

Penske Motor Group, LLC 401(k) Plan

Data updated 2026-08-25

$143M
Total assets Near avg plan size
983
Participants Near avg headcount
93rd
Percentile by assets National rank
$145,228
Avg per participant Above avg balance/head
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Official DOL plan name: Penske Motor Group, LLC 401(k) Savings Plan · Sponsored by Penske Motor Group, LLC · California · Retail Trade

$143M in assets, 983 participants

Penske Motor Group, LLC's Penske Motor Group, LLC 401(k) Savings Plan reported $143M in total assets and 983 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,095 in Retail Trade (8,414 peers)

Where Penske Motor Group, LLC 401(k) Savings Plan sits by assets

Penske Motor Group, LLC 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $143M for 983 participants (~$145,228/participant), up 15.6% in 2023.

#8,095
in Retail Trade (8,414 peers)
+15.6%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Penske Motor Group, LLC 401(k) Savings Plan's outsized position by total assets

Penske Motor Group, LLC 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$142,758,814 Top 7% higher than 93% of 127,068 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 2023

Penske Motor Group, LLC 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penske Motor Group, LLC 401(k) Savings Plan sits mid-pack in the medium band (983 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penske Motor Group, LLC 401(k) Savings Plan reported net income rose from -$17M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Penske Motor Group, LLC 401(k) Savings Plan end-of-year assets rose from $123M in the plan year 2022 filing to $143M in the plan year 2023 filing.
  • Penske Motor Group, LLC 401(k) Savings Plan reported participants rose from 927 in the plan year 2022 filing to 983 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 454060873 · Penske Motor Group, LLC PY 2023 · 401(k)

Penske Motor Group, LLC 401(k) Savings Plan · $143M · 983 · 93rd

  • 5500 $143M
  • ASSETS 983
  • PCT 93rd
  • EIN 401(k)
  • RANK near Koons Automotive Group Retirement Savings Plan
  • PHOTO ind #8095

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 Retail Trade retirement plans → · Plans in California →

Penske Motor Group, LLC 401(k) Savings Plan in the asset neighbourhood

401(k) Savings Plan for Employees of Seattle Times Company and Subsidiaries401(k) Savings Plan for Empl…$143MUfcw Local One 401(k) Savings PlanUfcw Local One 401(k) Saving…$143MKoons Automotive Group Retirement Savings PlanKoons Automotive Group Retir…$143MPenske Motor Group, LLC 401(k) Savings PlanPenske Motor Group, LLC 401(…$143MFoundation Risk Partners 401(k) PlanFoundation Risk Partners 401…$143M
End-of-year total assets ($M) among Penske Motor Group, LLC 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$143M
Net Income$19M
Employer EIN454060873
Plan Effective Date2012-12-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Motor Group, LLC)

Sponsor-wide plan assets over time

All Penske Motor Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$164M 32.84066989895024% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $123M $164M ▲ +32.8%
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.

Penske Motor Group, LLC 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Penske Motor Group, LLC 401(k) Savings Plan, Total assets ($B): 0.142758814 · Participants: 983Penske Motor Group, LLC 401(k) Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Penske Motor Group, LLC 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Penske Motor Group, LLC 401(k) Savings Plan side-by-side with 3 peers →

Penske Motor Group, LLC 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Koons Automotive Group Retirement Savings Plan in VA ($143M); by covered participants it is Amplifon (USA), Inc. Incentive Savings Plan in MN (983 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (983 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Penske Motor Group, LLC 401(k) Savings Plan assets move in 2023? ▼
Penske Motor Group, LLC 401(k) Savings Plan grew sharply - up 15.6% during 2023, from $123M to $143M. Reported net income was $19M.
How have Penske Motor Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Motor Group, LLC's sponsor-wide assets grew 32.8%, from $123M to $164M.
Where does Penske Motor Group, LLC 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Penske Motor Group, LLC 401(k) Savings Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Penske Motor Group, LLC 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Koons Automotive Group Retirement Savings Plan in VA ($143M, 1,673 participants).
Which 401(k) plans cover a similar participant headcount to Penske Motor Group, LLC 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Amplifon (USA), Inc. Incentive Savings Plan in MN (983 participants, $42M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

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.