401(k) · DOL Form 5500 · 2023
Penske Truck Leasing Co., LP 401(k) Plan
Data updated 2026-08-11
- $90M
- Total assets
- 8,623
- Participants
- 91st
- Percentile by assets
- $10,416
- Avg per participant
Official DOL plan name: Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees · Sponsored by Penske Truck Leasing Co., LP · Pennsylvania · Transportation & Warehousing
$90M in assets, 8,623 participants
Penske Truck Leasing Co., LP's Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reported $90M in total assets and 8,623 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 127,072 plans)
- #2,963 in Transportation & Warehousing (3,362 peers)
Coverage in Pennsylvania
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees covers 8,623 participants in Pennsylvania, 10x the typical Pennsylvania plan (state average ~822 per filing). Assets: $90M.
- $90M
- total plan assets (2023 EOY)
- 8,623
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $10,416
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reported net income rose from -$11M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees end-of-year assets rose from $72M in the plan year 2022 filing to $90M in the plan year 2023 filing.
- Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reported participants rose from 8,410 in the plan year 2022 filing to 8,623 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reports 8,623 participants - 10x that state average ($90M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $72M |
|---|---|
| Net Assets (End of Year) | $90M |
| Net Income | $18M |
| Employer EIN | 232518618 |
| Plan Effective Date | 1996-05-01 |
| Filing Status | FILING 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.
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees 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 Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees
Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees reports $90M in end-of-year assets across 8,623 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $10,416 per participant (8% of the national average assets-per-participant) . Net income for plan year 2023 was $18M.
This plan identity (EIN 232518618, plan #012) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $72M to $143M (+97.8%) while covered participants moved from 8,410 to 12,660 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,410 | $72M | Open filing |
| 2023 | 8,623 | $90M | This page |
| 2024 · index core | 12,660 | $143M | 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 Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees's numbers.
- By total assets, Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Penske Truck Leasing Co., LP's sponsor-wide assets have grown 27.6% since 2022 across 3 plan years on file. More Transportation & Warehousing plans