401(k) · DOL Form 5500 · 2024

Penske Racing South, Inc. 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
425
Participants Below avg headcount
89th
Percentile by assets National rank
$192,932
Avg per participant Above avg balance/head
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Official DOL plan name: Performance Group 401(k) Retirement Savings Plan · Sponsored by Penske Racing South, Inc. · North Carolina · Arts, Entertainment & Recreation

$82M in assets, 425 participants

Penske Racing South, Inc.'s Performance Group 401(k) Retirement Savings Plan reported $82M in total assets and 425 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #2,754 in Arts, Entertainment & Recreation (2,921 peers)

Where Performance Group 401(k) Retirement Savings Plan sits by assets

Performance Group 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $82M for 425 participants (~$192,932/participant), up 9.5% in 2024.

#2,754
in Arts, Entertainment & Recreation (2,921 peers)
+9.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Performance Group 401(k) Retirement Savings Plan's outsized position by total assets

Performance Group 401(k) Retirement Savings Plan vs every filed plan by assets

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

$81,995,939 Top 11% higher than 89% 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

Performance Group 401(k) Retirement 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. Performance Group 401(k) Retirement Savings Plan sits mid-pack in the medium band (425 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Performance Group 401(k) Retirement Savings Plan reported net income fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Performance Group 401(k) Retirement Savings Plan end-of-year assets rose from $75M in the plan year 2023 filing to $82M in the plan year 2024 filing.
  • Performance Group 401(k) Retirement Savings Plan reported participants rose from 401 in the plan year 2023 filing to 425 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 223024255 · Penske Racing South, Inc. PY 2024 · 401(k)

Performance Group 401(k) Retirement Savings Plan · $82M · 425 · 89th

  • VS-ST $82M
  • BOY 425
  • SCH 89th
  • EBSA 401(k)
  • PART near The Reynolds Company Employees' Retirement Plan
  • TYPE ind #2754

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 Arts, Entertainment & Recreation retirement plans → · Plans in North Carolina →

Performance Group 401(k) Retirement Savings Plan in the asset neighbourhood

Performance Group 401(k) Retirement Savings PlanPerformance Group 401(k) Ret…$82MThe Reynolds Company Employees' Retirement PlanThe Reynolds Company Employe…$82MTwin Rivers Paper Company LLC Madawaska Hourly 401(k) PlanTwin Rivers Paper Company LL…$82MMbo Associate 401(k) Plan$82MValuation Research Corporation Employees' Profit Sharing PlanValuation Research Corporati…$82M
End-of-year total assets ($M) among Performance Group 401(k) Retirement 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)$75M
Net Assets (End of Year)$82M
Net Income$7M
Employer EIN223024255
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penske Racing South, Inc.)

Sponsor-wide plan assets over time

All Penske Racing South, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 24.48984382051532% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $65.9M $82M ▲ +24.5%
Year Plans Participants Total Assets
2022 1 388 $66M
2023 1 401 $75M
2024 1 425 $82M

Nearby 401(k) Plans in North Carolina

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

Performance Group 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Performance Group 401(k) Retirement Savings Plan, Total assets ($B): 0.081995939 · Participants: 425Performance Group 401(k) Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Performance Group 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Performance Group 401(k) Retirement Savings Plan side-by-side with 3 peers →

Performance Group 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Reynolds Company Employees' Retirement Plan in TX ($82M); by covered participants it is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (425 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (425 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 Performance Group 401(k) Retirement Savings Plan assets move in 2024? ▼
Performance Group 401(k) Retirement Savings Plan grew at a solid clip - up 9.5% during 2024, from $75M to $82M. Reported net income was $7M.
How have Penske Racing South, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penske Racing South, Inc.'s sponsor-wide assets grew 24.5%, from $66M to $82M.
Where does Performance Group 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Performance Group 401(k) Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Performance Group 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Reynolds Company Employees' Retirement Plan in TX ($82M, 824 participants).
Which 401(k) plans cover a similar participant headcount to Performance Group 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (425 participants, $2M 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 223024255.

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.