401(k) · DOL Form 5500 · 2022
Penske Automotive Group, Inc. 401(k) Plan
Data updated 2026-08-06
- $777M
- Total assets
- 12,881
- Participants
- 99th
- Percentile by assets
- $60,289
- Avg per participant
Official DOL plan name: Penske Automotive Group 401(k) Savings and Retirement Plan · Sponsored by Penske Automotive Group, Inc. · Michigan · Retail Trade
$777M in assets, 12,881 participants
Penske Automotive Group, Inc.'s Penske Automotive Group 401(k) Savings and Retirement Plan reported $777M in total assets and 12,881 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 139,258 plans)
- #9,442 in Retail Trade (9,527 peers)
Coverage in Michigan
Penske Automotive Group 401(k) Savings and Retirement Plan covers 12,881 participants in Michigan, 20x the typical Michigan plan (state average ~632 per filing). Assets: $777M.
- $777M
- total plan assets (2022 EOY)
- 12,881
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $60,289
- avg assets per participant
The plan reported a net loss of $81M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Penske Automotive Group 401(k) Savings and Retirement Plan reports 12,881 participants - 20x that state average ($777M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $858M |
|---|---|
| Net Assets (End of Year) | $777M |
| Net Income | -$81M |
| Employer EIN | 223086739 |
| Plan Effective Date | 1998-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penske Automotive Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,881 | $777M |
| 2023 | 1 | 12,918 | $933M |
| 2024 | 1 | 13,194 | $1.1B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Penske Automotive Group 401(k) Savings and Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Scale composition for Penske Automotive Group 401(k) Savings and Retirement Plan
Penske Automotive Group 401(k) Savings and Retirement Plan reports $777M in end-of-year assets across 12,881 participants (0.007% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $60,289 per participant (44% of the national average assets-per-participant) . Net income for plan year 2022 was -$81M.
This plan identity (EIN 223086739, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $777M to $1.1B (+36.7%) while covered participants moved from 12,881 to 13,194 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,881 | $777M | This page |
| 2023 | 12,918 | $933M | Open filing |
| 2024 · index core | 13,194 | $1.1B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Penske Automotive Group 401(k) Savings and Retirement Plan (401(k), $1.1B, 13,194 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Penske Automotive Group 401(k) Savings and Retirement Plan by total assets, not by location.
- Employee Savings Plan (IL) $776M · 8,626
- Goodwin Procter LLP Partnership Profit Sharing Savings Plan (MA) $777M · 1,972
- Atos 401(k) Savings Plan (TX) $778M · 5,665
- Vertiv Group Corporation Employee Retirement Savings Plan (OH) $775M · 3,463
Frequently Asked Questions
How did Penske Automotive Group 401(k) Savings and Retirement Plan assets move in 2022? ▼
How have Penske Automotive Group, Inc. plan assets changed over time? ▼
Where does Penske Automotive Group 401(k) Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Penske Automotive Group 401(k) Savings and Retirement Plan? ▼
Next read for Penske Automotive Group 401(k) Savings a…
Filing takeaways
Ways to act on Penske Automotive Group 401(k) Savings and Retirement Plan's numbers.
- By total assets, Penske Automotive Group 401(k) Savings and Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Penske Automotive Group, Inc.'s sponsor-wide assets have grown 36.7% since 2022 across 3 plan years on file. More Retail Trade plans