401(k)
2023 plan-year 401(k) DOL Form 5500

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Penske Truck Leasing Co., LP · Pennsylvania · Transportation & Warehousing

What the 2023 filing shows

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees holds $90M for 8,623 participants — about $10,416 per participant, up 24.6% over the 2023 plan year.

$90M
total plan assets (2023 EOY)
8,623
covered participants
$10,416
avg assets per participant
+24.6%
assets growth YoY
Total Assets (2023)
$90M
Participants
8,623
State
Industry
Transportation & Warehousing

What the Filing Says About Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees

Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees is a 401(k) retirement plan sponsored by Penske Truck Leasing Co., LP, headquartered in Pennsylvania. As of the 2023 Form 5500 filing, the plan reports $90M in total end-of-year assets and covers 8,623 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 232518618, and the plan has been effective since 1996-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $72M at the beginning of 2023 to $90M at year-end — a gain of 24.6%. Net assets (after liabilities) closed the year at $90M, with reported net income of $18M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$72M
Total Assets (End of Year)$90M
Net Assets (End of Year)$90M
Net Income$18M
Plan Type401(k)
Employer EIN232518618
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Truck Leasing Co., LP)

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.

Frequently Asked Questions

How much money is in the Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees?
As of the 2023 Form 5500 filing, Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees holds $90M in total assets with 8,623 participants. It is sponsored by Penske Truck Leasing Co., LP.
What type of plan is Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees?
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees is a 401(k) plan. It has been effective since 1996-05-01. The plan is filed with the U.S. Department of Labor under EIN 232518618.
Who sponsors the Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees?
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees is sponsored by Penske Truck Leasing Co., LP, located in Pennsylvania. The sponsor's EIN is 232518618 and the plan operates in the Transportation & Warehousing industry.
How did Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees perform in 2023?
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees grew by 24.6% during 2023, moving from $72M to $90M in total assets. Net income was $18M.
Where can I find official filings for Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees?
Official Form 5500 filings for Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232518618 or plan name at efast.dol.gov.
How does Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees compare to other plans?
You can compare Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.