401(k) · DOL Form 5500 · 2023
Penske Truck Leasing Co., LP 401(k) Plan
Data updated 2026-08-11
- $313M
- Total assets
- 5,022
- Participants
- 96th
- Percentile by assets
- $62,262
- Avg per participant
Official DOL plan name: Penske Logistics Retirement Savings Plan · Sponsored by Penske Truck Leasing Co., LP · Pennsylvania · Real Estate
$313M in assets, 5,022 participants
Penske Truck Leasing Co., LP's Penske Logistics Retirement Savings Plan reported $313M in total assets and 5,022 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #4,692 in Real Estate (4,727 peers)
Coverage in Pennsylvania
Penske Logistics Retirement Savings Plan covers 5,022 participants in Pennsylvania, 6.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $313M.
- $313M
- total plan assets (2023 EOY)
- 5,022
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $62,262
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Penske Logistics Retirement Savings Plan reported net income rose from -$56M in the plan year 2022 filing to $46M in the plan year 2023 filing.
- Penske Logistics Retirement Savings Plan end-of-year assets rose from $267M in the plan year 2022 filing to $313M in the plan year 2023 filing.
- Penske Logistics Retirement Savings Plan reported participants fell from 5,396 in the plan year 2022 filing to 5,022 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Penske Logistics Retirement Savings Plan reports 5,022 participants - 6.1x that state average ($313M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $267M |
|---|---|
| Net Assets (End of Year) | $313M |
| Net Income | $46M |
| Employer EIN | 232518618 |
| Plan Effective Date | 1988-04-30 |
| 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.
Penske Logistics Retirement Savings 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 Logistics Retirement Savings Plan
Penske Logistics Retirement Savings Plan reports $313M in end-of-year assets across 5,022 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $62,262 per participant (45% of the national average assets-per-participant) . Net income for plan year 2023 was $46M.
This plan identity (EIN 232518618, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $267M to $360M (+35.1%) while covered participants moved from 5,396 to 5,543 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,396 | $267M | Open filing |
| 2023 | 5,022 | $313M | This page |
| 2024 · index core | 5,543 | $360M | 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 Logistics Retirement Savings Plan by total assets, not by location.
- Wurth 401(k) Plan (NJ) $313M · 4,766
- La-Z-Boy Incorporated Retirement Savings Plan (MI) $313M · 6,775
- The Oregon Clinic, P.C. Retirement Plan (OR) $313M · 1,220
- Cirrus Logic, Inc. 401(k) Profit Sharing Plan (TX) $313M · 1,092
Frequently Asked Questions
How did Penske Logistics Retirement Savings Plan assets move in 2023? ▼
How have Penske Truck Leasing Co., LP plan assets changed over time? ▼
Where does Penske Logistics Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Penske Logistics Retirement Savings Plan? ▼
Next read for Penske Logistics Retirement Savings Plan
Filing takeaways
Ways to act on Penske Logistics Retirement Savings Plan's numbers.
- By total assets, Penske Logistics Retirement Savings Plan ranks in the top 5% 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 Real Estate plans