401(k) · DOL Form 5500 · 2024

Penske Corporation 401(k) Plan

Data updated 2026-08-25

$91M
Total assets Below avg plan size
85
Participants Small participant base
90th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Deferred Savings Plan of the Penske Corporation · Sponsored by Penske Corporation · Michigan · Transportation & Warehousing

$91M in assets, 85 participants

Penske Corporation's Deferred Savings Plan of the Penske Corporation reported $91M in total assets and 85 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #2,886 in Transportation & Warehousing (3,299 peers)

Where Deferred Savings Plan of the Penske Corporation sits by assets

Deferred Savings Plan of the Penske Corporation sits in the top 10% of all filed plans by assets, $91M for 85 participants (~$1.1M/participant), up 20.0% in 2024.

#2,886
in Transportation & Warehousing (3,299 peers)
+20.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Deferred Savings Plan of the Penske Corporation's outsized position by total assets

Deferred Savings Plan of the Penske Corporation vs every filed plan by assets

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

$90,949,343 Top 10% higher than 90% 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

Deferred Savings Plan of the Penske Corporation among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Deferred Savings Plan of the Penske Corporation is a small filing (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Deferred Savings Plan of the Penske Corporation reported net income rose from $9M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Deferred Savings Plan of the Penske Corporation end-of-year assets rose from $76M in the plan year 2023 filing to $91M in the plan year 2024 filing.
  • Deferred Savings Plan of the Penske Corporation reported participants rose from 83 in the plan year 2023 filing to 85 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 231717338 · Penske Corporation PY 2024 · 401(k)

Deferred Savings Plan of the Penske Corporation · $91M · 85 · 90th

  • PART $91M
  • PART 85
  • PART 90th
  • PART 401(k)
  • PART near Hog Slat, Inc. Retirement Savings Plan
  • PART ind #2886

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Deferred Savings Plan of the Penske Corporation in the asset neighbourhood

Kinze Manufacturing, Inc. 401(k) Profit Sharing PlanKinze Manufacturing, Inc. 40…$91MLgi Homes, Inc. 401(k) Plan$91MDeferred Savings Plan of the Penske CorporationDeferred Savings Plan of the…$91MHog Slat, Inc. Retirement Savings PlanHog Slat, Inc. Retirement Sa…$91MTlc Engineering Solutions, Inc., Savings PlanTlc Engineering Solutions, I…$91M
End-of-year total assets ($M) among Deferred Savings Plan of the Penske Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$91M
Net Income$15M
Employer EIN231717338
Plan Effective Date1969-03-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Corporation)

Sponsor-wide plan assets over time

All Penske Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$91M 36.60671163310455% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $66.6M $91M ▲ +36.6%
Year Plans Participants Total Assets
2022 1 80 $67M
2023 1 83 $76M
2024 1 85 $91M

Nearby 401(k) Plans in Michigan

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

Deferred Savings Plan of the Penske Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Deferred Savings Plan of the Penske Corporation, Total assets ($B): 0.090949343 · Participants: 85Deferred Savings Plan of the Penske CorporationGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Deferred Savings Plan of the Penske Corporation vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Deferred Savings Plan of the Penske Corporation side-by-side with 3 peers →

Deferred Savings Plan of the Penske Corporation's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Hog Slat, Inc. Retirement Savings Plan in NC ($91M); by covered participants it is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($91M here).

Similar participant headcount

Nearest other-state filings by covered participants (85 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 Deferred Savings Plan of the Penske Corporation assets move in 2024? ▼
Deferred Savings Plan of the Penske Corporation grew sharply - up 20.0% during 2024, from $76M to $91M. Reported net income was $15M.
How have Penske Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Corporation's sponsor-wide assets grew 36.6%, from $67M to $91M.
Where does Deferred Savings Plan of the Penske Corporation rank by assets among Form 5500 filers? ▼
Deferred Savings Plan of the Penske Corporation ranks in the 90th 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 Deferred Savings Plan of the Penske Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Hog Slat, Inc. Retirement Savings Plan in NC ($91M, 985 participants).
Which 401(k) plans cover a similar participant headcount to Deferred Savings Plan of the Penske Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231717338.

Read our methodology - how this data is sourced, computed, and verified.

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