401(k) · DOL Form 5500 · 2023

Penske Racing South, Inc. 401(k) Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
401
Participants Below avg headcount
89th
Percentile by assets National rank
$186,700
Avg per participant Above avg balance/head
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Official DOL plan name: Performance Group 401(k) Retirement Savings Plan · Sponsored by Penske Racing South, Inc. · North Carolina · Arts, Entertainment & Recreation

$75M in assets, 401 participants

Penske Racing South, Inc.'s Performance Group 401(k) Retirement Savings Plan reported $75M in total assets and 401 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #2,779 in Arts, Entertainment & Recreation (2,945 peers)

Coverage in North Carolina

Performance Group 401(k) Retirement Savings Plan covers 401 participants in North Carolina, about 49% of the average North Carolina filer (state average ~819 per filing). Assets: $75M.

#2,779
in Arts, Entertainment & Recreation (2,945 peers)
+13.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Performance Group 401(k) Retirement Savings Plan's outsized position by total assets

Performance Group 401(k) Retirement Savings Plan vs every filed plan by assets

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

$74,866,751 Top 11% higher than 89% 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

Performance Group 401(k) Retirement 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. Performance Group 401(k) Retirement Savings Plan sits mid-pack in the medium band (401 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Performance Group 401(k) Retirement Savings Plan reported net income rose from -$9M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Performance Group 401(k) Retirement Savings Plan end-of-year assets rose from $66M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Performance Group 401(k) Retirement Savings Plan reported participants rose from 388 in the plan year 2022 filing to 401 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 223024255 · Penske Racing South, Inc. PY 2023 · 401(k)

Performance Group 401(k) Retirement Savings Plan · $75M · 401 · 89th

  • EOY $75M
  • 5500 401
  • ASSETS 89th
  • PCT 401(k)
  • EIN near Floworks 401(k) Plan
  • RANK ind #2779

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 Arts, Entertainment & Recreation retirement plans → · Plans in North Carolina →

Performance Group 401(k) Retirement Savings Plan in the asset neighbourhood

Seismic 401(k) Plan$75MTlc Engineering Solutions, Inc., Savings PlanTlc Engineering Solutions, I…$75MPerformance Group 401(k) Retirement Savings PlanPerformance Group 401(k) Ret…$75MFloworks 401(k) Plan$75MSpringpoint Senior Living, Inc. 401(k) PlanSpringpoint Senior Living, I…$75M
End-of-year total assets ($M) among Performance Group 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$75M
Net Income$9M
Employer EIN223024255
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Racing South, Inc.)

Sponsor-wide plan assets over time

All Penske Racing South, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 24.48984382051532% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $65.9M $82M ▲ +24.5%
Year Plans Participants Total Assets
2022 1 388 $66M
2023 1 401 $75M
2024 1 425 $82M

Nearby 401(k) Plans in North Carolina

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

Performance Group 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Performance Group 401(k) Retirement Savings Plan, Total assets ($B): 0.074866751 · Participants: 401Performance Group 401(k) Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Performance Group 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Performance Group 401(k) Retirement Savings Plan side-by-side with 3 peers →

Performance Group 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Floworks 401(k) Plan in TX ($75M); by covered participants it is Aquafil USA, Inc. 401(k) Plan in GA (401 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($75M here).

Similar participant headcount

Nearest other-state filings by covered participants (401 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 Performance Group 401(k) Retirement Savings Plan assets move in 2023? ▼
Performance Group 401(k) Retirement Savings Plan grew at a solid clip - up 13.7% during 2023, from $66M to $75M. Reported net income was $9M.
How have Penske Racing South, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Racing South, Inc.'s sponsor-wide assets grew 24.5%, from $66M to $82M.
Where does Performance Group 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Performance Group 401(k) Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Performance Group 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Floworks 401(k) Plan in TX ($75M, 952 participants).
Which 401(k) plans cover a similar participant headcount to Performance Group 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aquafil USA, Inc. 401(k) Plan in GA (401 participants, $5M 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 223024255.

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.