401(k) · DOL Form 5500 · 2024

Penske Motor Group, LLC 401(k) Plan

Data updated 2026-08-25

$164M
Total assets Near avg plan size
993
Participants Near avg headcount
93rd
Percentile by assets National rank
$165,207
Avg per participant Above avg balance/head
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Official DOL plan name: Penske Motor Group, LLC 401(k) Savings Plan · Sponsored by Penske Motor Group, LLC · California · Retail Trade

$164M in assets, 993 participants

Penske Motor Group, LLC's Penske Motor Group, LLC 401(k) Savings Plan reported $164M in total assets and 993 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,744 in Retail Trade (8,048 peers)

Where Penske Motor Group, LLC 401(k) Savings Plan sits by assets

Penske Motor Group, LLC 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $164M for 993 participants (~$165,207/participant), up 14.9% in 2024.

#7,744
in Retail Trade (8,048 peers)
+14.9%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Penske Motor Group, LLC 401(k) Savings Plan's outsized position by total assets

Penske Motor Group, LLC 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$164,050,136 Top 7% higher than 93% of 123,620 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 2024

Penske Motor Group, LLC 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penske Motor Group, LLC 401(k) Savings Plan sits mid-pack in the medium band (993 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Penske Motor Group, LLC 401(k) Savings Plan end-of-year assets rose from $143M in the plan year 2023 filing to $164M in the plan year 2024 filing.
  • Penske Motor Group, LLC 401(k) Savings Plan reported net income rose from $19M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Penske Motor Group, LLC 401(k) Savings Plan reported participants rose from 983 in the plan year 2023 filing to 993 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 454060873 · Penske Motor Group, LLC PY 2024 · 401(k)

Penske Motor Group, LLC 401(k) Savings Plan · $164M · 993 · 93rd

  • PART $164M
  • PART 993
  • PART 93rd
  • PART 401(k)
  • PART near Aspca 401(k) Retirement Plan
  • PART ind #7744

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 Retail Trade retirement plans → · Plans in California →

Penske Motor Group, LLC 401(k) Savings Plan in the asset neighbourhood

Synthomer Savings Plan$164MPenn Engineering 401(k) Plan$164MPenske Motor Group, LLC 401(k) Savings PlanPenske Motor Group, LLC 401(…$164MAspca 401(k) Retirement Plan$164MAmerican Psychological Association 401(k) PlanAmerican Psychological Assoc…$164M
End-of-year total assets ($M) among Penske Motor Group, LLC 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$143M
Net Assets (End of Year)$164M
Net Income$21M
Employer EIN454060873
Plan Effective Date2012-12-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Motor Group, LLC)

Sponsor-wide plan assets over time

All Penske Motor Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$164M 32.84066989895024% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $123M $164M ▲ +32.8%
Year Plans Participants Total Assets
2022 1 927 $123M
2023 1 983 $143M
2024 1 993 $164M

Nearby 401(k) Plans in California

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

Penske Motor Group, LLC 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Penske Motor Group, LLC 401(k) Savings Plan, Total assets ($B): 0.164050136 · Participants: 993Penske Motor Group, LLC 401(k) Savings PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Penske Motor Group, LLC 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Penske Motor Group, LLC 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Aspca 401(k) Retirement Plan in NY ($164M); by covered participants it is New Century Energies, Inc. Employee Investment Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employees in MN (993 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($164M here).

Similar participant headcount

Nearest other-state filings by covered participants (993 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Penske Motor Group, LLC 401(k) Savings Plan assets move in 2024? ▼
Penske Motor Group, LLC 401(k) Savings Plan grew at a solid clip - up 14.9% during 2024, from $143M to $164M. Reported net income was $21M.
How have Penske Motor Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Motor Group, LLC's sponsor-wide assets grew 32.8%, from $123M to $164M.
Where does Penske Motor Group, LLC 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Penske Motor Group, LLC 401(k) Savings Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Penske Motor Group, LLC 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aspca 401(k) Retirement Plan in NY ($164M, 1,148 participants).
Which 401(k) plans cover a similar participant headcount to Penske Motor Group, LLC 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is New Century Energies, Inc. Employee Investment Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employees in MN (993 participants, $177M in assets).