401(k) · DOL Form 5500 · 2023
Penske Truck Leasing Co., L.P. 401(k) Plan
Data updated 2026-08-11
- $1.2B
- Total assets
- 15,015
- Participants
- 99th
- Percentile by assets
- $80,985
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.2B
- total plan assets (2023 EOY)
- 15,015
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $80,985
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Penske Truck Leasing Co., L.P. Savings Retirement Plan reports 15,015 participants - 18x that state average ($1.2B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $197M |
| Employer EIN | 232518618 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penske Truck Leasing Co., L.P.)
| 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
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
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 (401(k), $1.3B, 17,512 participants)
- Penske Cash Balance Benefit Plan (Defined Benefit (Pension), $668M, 20,195 participants)
- Penske Logistics Retirement Savings Plan (401(k), $360M, 5,543 participants)
- Penske Retirement Savings Plan (401(k), $143M, 12,660 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Penske Truck Leasing Co., L.P. Savings Retirement Plan by total assets, not by location.
- Bmc Software, Inc. Savings and Investment Plan (TX) $1.2B · 1,926
- Veritiv Retirement Savings Plan (GA) $1.2B · 4,207
- Icf Retirement Savings Plan (VA) $1.2B · 6,093
- Ineos Retirement Savings Plan (TX) $1.2B · 4,445
Frequently Asked Questions
How did Penske Truck Leasing Co., L.P. Savings Retirement Plan assets move in 2023? ▼
How have Penske Truck Leasing Co., L.P. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Penske Truck Leasing Co., L.P. Savings Retirement Plan's numbers.
- By total assets, Penske Truck Leasing Co., L.P. Savings 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 Pennsylvania. Compare plans
- Penske Truck Leasing Co., L.P.'s sponsor-wide assets have grown 27.6% since 2022 across 3 plan years on file. More Transportation & Warehousing plans