401(k) · DOL Form 5500 · 2022
Penske Automotive Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $777M
- Total assets Above avg plan size
- 12,881
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $60,289
- Avg per participant Low balance/head
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.
- #9,434 in Retail Trade (9,519 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 ~638 per filing). Assets: $777M.
- #9,434
- in Retail Trade (9,519 peers)
- -9.5%
- assets change YoY
- 7.8×
- vs typical plan assets (national mean)
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.
Penske Automotive Group 401(k) Savings and Retirement Plan's outsized position by total assets
Penske Automotive Group 401(k) Savings and Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$776,576,708 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Penske Automotive Group 401(k) Savings and Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penske Automotive Group 401(k) Savings and Retirement Plan is a mega filing (12,881 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 223086739 · Penske Automotive Group, Inc. PY 2022 · 401(k)
Penske Automotive Group 401(k) Savings and Retirement Plan · $777M · 12,881 · 99th
- IND $777M
- IND 12,881
- IND 99th
- IND 401(k)
- IND near Employee Savings Plan
- IND ind #9434
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 Michigan →
Penske Automotive Group 401(k) Savings and Retirement Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Penske Automotive Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 36.70962701600883% vs 2022
- 2024 filing year
| 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.
- 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 (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 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)
Penske Automotive Group 401(k) Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Employee Savings Plan in IL ($776M); by covered participants it is Capstone 401(k) Plan in GA (12,882 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($777M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (12,881 participants); asset peers above are excluded.
- Capstone 401(k) Plan (GA) 12,882 · 1 off
- Wipro Limited 401(k) Plan (NJ) 12,876 · 5 off
- Mohawk Industries Retirement Plan 1 (GA) 12,868 · 13 off
- Geodis USA Retirement Plan (TN) 12,855 · 26 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.