401(k) · DOL Form 5500 · 2023

Penske Motor Group, LLC 401(k) Plan

Data updated 2026-08-11

$143M
Total assets: 983
Participants: 93rd
Percentile by assets: $145,228
Avg per participant

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.

93rd percentile by assets (of 127,072 plans)
#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.

$143M
total plan assets (2023 EOY): 983
covered participants: 93rd
percentile by assets (of 127,072 plans): $145,228
avg assets per participant

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 →

State

California

Industry

Retail Trade

Penske Motor Group, LLC 401(k) Savings Plan vs the 2023 asset distribution

By assets, Penske Motor Group, LLC 401(k) Savings Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$123M
Net Assets (End of Year)	$143M
Net Income	$19M
Employer EIN	454060873
Plan Effective Date	2012-12-03
Filing Status	FILING RECEIVED

Sponsor Plan History (Penske Motor Group, LLC)

Total plan assets by year, all Penske Motor Group, LLC plans on file

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

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

Compare Penske Motor Group, LLC 401(k) Savings P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Penske Motor Group, LLC 401(k) Savings Plan by total assets, not by location.

Koons Automotive Group Retirement Savings Plan (VA) $143M · 1,673
Ufcw Local One 401(k) Savings Plan (NY) $143M · 9,227
Foundation Risk Partners 401(k) Plan (FL) $143M · 1,901
401(k) Savings Plan for Employees of Seattle Times Company and Subsidiaries (WA) $143M · 600

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).

Next read for Penske Motor Group, LLC 401(k) Savings P…

Scale reading

Ways to act on Penske Motor Group, LLC 401(k) Savings Plan's numbers.

By total assets, Penske Motor Group, LLC 401(k) Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
Penske Motor Group, LLC's sponsor-wide assets have grown 32.8% since 2022 across 3 plan years on file. More Retail Trade plans

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.