401(k) · DOL Form 5500 · 2023

Penske Corporation 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
83
Participants Small participant base
89th
Percentile by assets National rank
$913,292
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Deferred Savings Plan of the Penske Corporation · Sponsored by Penske Corporation · Michigan · Transportation & Warehousing

$76M in assets, 83 participants

Penske Corporation's Deferred Savings Plan of the Penske Corporation reported $76M in total assets and 83 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.

  • #2,925 in Transportation & Warehousing (3,362 peers)

Where Deferred Savings Plan of the Penske Corporation sits by assets

Deferred Savings Plan of the Penske Corporation sits in the top quartile of all filed plans by assets, $76M for 83 participants (~$913,292/participant), up 13.9% in 2023.

#2,925
in Transportation & Warehousing (3,362 peers)
+13.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Deferred Savings Plan of the Penske Corporation's outsized position by total assets

Deferred Savings Plan of the Penske Corporation vs every filed plan by assets

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

$75,803,211 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

Deferred Savings Plan of the Penske Corporation among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Deferred Savings Plan of the Penske Corporation is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Deferred Savings Plan of the Penske Corporation reported net income rose from -$13M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Deferred Savings Plan of the Penske Corporation end-of-year assets rose from $67M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • Deferred Savings Plan of the Penske Corporation reported participants rose from 80 in the plan year 2022 filing to 83 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 231717338 · Penske Corporation PY 2023 · 401(k)

Deferred Savings Plan of the Penske Corporation · $76M · 83 · 89th

  • SCH $76M
  • EBSA 83
  • PART 89th
  • TYPE 401(k)
  • NET near Ossur Americas, Inc. 401(k) Retirement Savings Plan
  • BOOK ind #2925

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Deferred Savings Plan of the Penske Corporation in the asset neighbourhood

Ossur Americas, Inc. 401(k) Retirement Savings PlanOssur Americas, Inc. 401(k) …$76MDeferred Savings Plan of the Penske CorporationDeferred Savings Plan of the…$76MCarrols Corporation Retirement Savings PlanCarrols Corporation Retireme…$76MHuman Capital Concepts, LLC 401(k) Savings PlanHuman Capital Concepts, LLC …$76MKemper Cpa Group LLP Employees Profit Sharing PlanKemper Cpa Group LLP Employe…$76M
End-of-year total assets ($M) among Deferred Savings Plan of the Penske Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$76M
Net Income$9M
Employer EIN231717338
Plan Effective Date1969-03-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Corporation)

Sponsor-wide plan assets over time

All Penske Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$91M 36.60671163310455% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $66.6M $91M ▲ +36.6%
Year Plans Participants Total Assets
2022 1 80 $67M
2023 1 83 $76M
2024 1 85 $91M

Nearby 401(k) Plans in Michigan

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

Deferred Savings Plan of the Penske Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Deferred Savings Plan of the Penske Corporation, Total assets ($B): 0.075803211 · Participants: 83Deferred Savings Plan of the Penske CorporationGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Deferred Savings Plan of the Penske Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Deferred Savings Plan of the Penske Corporation side-by-side with 3 peers →

Deferred Savings Plan of the Penske Corporation's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Ossur Americas, Inc. 401(k) Retirement Savings Plan in CA ($76M); by covered participants it is Brightpearl 401(k) Plan in TX (83 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (83 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 Deferred Savings Plan of the Penske Corporation assets move in 2023? ▼
Deferred Savings Plan of the Penske Corporation grew at a solid clip - up 13.9% during 2023, from $67M to $76M. Reported net income was $9M.
How have Penske Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Corporation's sponsor-wide assets grew 36.6%, from $67M to $91M.
Where does Deferred Savings Plan of the Penske Corporation rank by assets among Form 5500 filers? ▼
Deferred Savings Plan of the Penske Corporation 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 Deferred Savings Plan of the Penske Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Ossur Americas, Inc. 401(k) Retirement Savings Plan in CA ($76M, 771 participants).
Which 401(k) plans cover a similar participant headcount to Deferred Savings Plan of the Penske Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is Brightpearl 401(k) Plan in TX (83 participants, N/A 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 231717338.

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.