401(k) · DOL Form 5500 · 2023

Penske Truck Leasing Co., L.P. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
15,015
Participants Very large workforce
99th
Percentile by assets National rank
$80,985
Avg per participant Below avg balance/head
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Official DOL plan name: Penske Truck Leasing Co., L.P. Savings Retirement Plan · Sponsored by Penske Truck Leasing Co., L.P. · Pennsylvania · Transportation & Warehousing

$1.2B in assets, 15,015 participants

Penske Truck Leasing Co., L.P.'s Penske Truck Leasing Co., L.P. Savings Retirement Plan reported $1.2B in total assets and 15,015 participants in its 2023 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.

  • #3,296 in Transportation & Warehousing (3,362 peers)

Coverage in Pennsylvania

Penske Truck Leasing Co., L.P. Savings Retirement Plan covers 15,015 participants in Pennsylvania, 18x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.2B.

#3,296
in Transportation & Warehousing (3,362 peers)
+19.3%
assets growth YoY
12×
vs typical plan assets (national mean)

Penske Truck Leasing Co., L.P. Savings Retirement Plan's outsized position by total assets

Penske Truck Leasing Co., L.P. Savings Retirement Plan vs every filed plan by assets

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

$1,215,996,433 Top 1% higher than 99% 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

Penske Truck Leasing Co., L.P. Savings Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penske Truck Leasing Co., L.P. Savings Retirement Plan is a mega filing (15,015 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penske Truck Leasing Co., L.P. Savings Retirement Plan reported net income rose from -$207M in the plan year 2022 filing to $197M in the plan year 2023 filing.
  • Penske Truck Leasing Co., L.P. Savings Retirement Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Penske Truck Leasing Co., L.P. Savings Retirement Plan reported participants rose from 13,128 in the plan year 2022 filing to 15,015 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 232518618 · Penske Truck Leasing Co., L.P. PY 2023 · 401(k)

Penske Truck Leasing Co., L.P. Savings Retirement Plan · $1.2B · 15,015 · 99th

  • PCT $1.2B
  • EIN 15,015
  • RANK 99th
  • PHOTO 401(k)
  • IND near Bmc Software, Inc. Savings and Investment Plan
  • EOY ind #3296

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 Pennsylvania →

Penske Truck Leasing Co., L.P. Savings Retirement Plan in the asset neighbourhood

Penske Truck Leasing Co., L.P. Savings Retirement PlanPenske Truck Leasing Co., L.…$1.2BBmc Software, Inc. Savings and Investment PlanBmc Software, Inc. Savings a…$1.2BVeritiv Retirement Savings PlanVeritiv Retirement Savings P…$1.2BIneos Retirement Savings Plan$1.2BIcf Retirement Savings Plan$1.2B
End-of-year total assets ($B) among Penske Truck Leasing Co., L.P. Savings Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.2B
Net Income$197M
Employer EIN232518618
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Truck Leasing Co., L.P.)

Sponsor-wide plan assets over time

All Penske Truck Leasing Co., L.P. plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 27.55041659876019% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.98B $2.52B ▲ +27.3%
Year Plans Participants Total Assets
2022 5 41,117 $2.0B
2023 4 43,770 $2.3B
2024 5 55,942 $2.5B

Nearby 401(k) Plans in Pennsylvania

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

Penske Truck Leasing Co., L.P. Savings Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants Penske Truck Leasing Co., L.P. Savings Retirement Plan, Total assets ($B): 1.215996433 · Participants: 15015Penske Truck Leasing Co., L.P. Savings Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Penske Truck Leasing Co., L.P. Savings Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Penske Truck Leasing Co., L.P. Savings Retirement Plan side-by-side with 3 peers →

Scale composition for Penske Truck Leasing Co., L.P. Savings Retirement Plan

Penske Truck Leasing Co., L.P. Savings Retirement Plan reports $1.2B in end-of-year assets across 15,015 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $80,985 per participant (59% of the national average assets-per-participant) . Net income for plan year 2023 was $197M.

This plan identity (EIN 232518618, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.3B (+32.1%) while covered participants moved from 13,128 to 17,512 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,128 $1.0B Open filing
2023 15,015 $1.2B This page
2024 · index core 17,512 $1.3B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Penske Truck Leasing Co., L.P. Savings Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Bmc Software, Inc. Savings and Investment Plan in TX ($1.2B); by covered participants it is The Adecco Group 401(k) Plan in FL (15,038 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,015 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 Penske Truck Leasing Co., L.P. Savings Retirement Plan assets move in 2023? ▼
Penske Truck Leasing Co., L.P. Savings Retirement Plan grew sharply - up 19.3% during 2023, from $1.0B to $1.2B. Reported net income was $197M.
How have Penske Truck Leasing Co., L.P. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Truck Leasing Co., L.P.'s sponsor-wide assets grew 27.6%, from $2.0B to $2.5B.
Where does Penske Truck Leasing Co., L.P. Savings Retirement Plan rank by assets among Form 5500 filers? ▼
Penske Truck Leasing Co., L.P. Savings Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Penske Truck Leasing Co., L.P. Savings Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bmc Software, Inc. Savings and Investment Plan in TX ($1.2B, 1,926 participants).
Which 401(k) plans cover a similar participant headcount to Penske Truck Leasing Co., L.P. Savings Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Adecco Group 401(k) Plan in FL (15,038 participants, $800M 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 232518618.

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.