401(k) · DOL Form 5500 · 2024
Penske Truck Leasing Co., LP 401(k) Plan
Data updated 2026-08-11
- $143M
- Total assets
- 12,660
- Participants
- 93rd
- Percentile by assets
- $11,263
- Avg per participant
Official DOL plan name: Penske Retirement Savings Plan · Sponsored by Penske Truck Leasing Co., LP · Pennsylvania · Transportation & Warehousing
$143M in assets, 12,660 participants
Penske Truck Leasing Co., LP's Penske Retirement Savings Plan reported $143M in total assets and 12,660 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.
- 93rd percentile by assets (of 123,622 plans)
- #2,995 in Transportation & Warehousing (3,299 peers)
Coverage in Pennsylvania
Penske Retirement Savings Plan covers 12,660 participants in Pennsylvania, 15x the typical Pennsylvania plan (state average ~822 per filing). Assets: $143M.
- $143M
- total plan assets (2024 EOY)
- 12,660
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $11,263
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Penske Retirement Savings Plan end-of-year assets rose from $90M in the plan year 2023 filing to $143M in the plan year 2024 filing.
- Penske Retirement Savings Plan reported participants rose from 8,623 in the plan year 2023 filing to 12,660 in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Penske Retirement Savings Plan reports 12,660 participants - 15x that state average ($143M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $90M |
|---|---|
| Net Assets (End of Year) | $143M |
| 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.
Penske Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Scale composition for Penske Retirement Savings Plan
Penske Retirement Savings Plan reports $143M in end-of-year assets across 12,660 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $11,263 per participant (8% of the national average assets-per-participant) . Net income for plan year 2024 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 | Open filing |
| 2024 · index core | 12,660 | $143M | This page |
The same sponsor also keeps 3 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Penske Retirement Savings Plan by total assets, not by location.
- Maui Jim, Inc. 401(k) Retirement and Savings Plan and Trust (IL) $143M · 651
- Hudson Advisors L.P. 401(k) Plan (TX) $143M · 676
- Amundsen Davis LLC 401(k) Salary Savings Plan (IL) $143M · 421
- Magnera Corporation 401(k) Savings Plan (NC) $143M · 692
Frequently Asked Questions
How did Penske Retirement Savings Plan assets move in 2024? ▼
How have Penske Truck Leasing Co., LP plan assets changed over time? ▼
Where does Penske Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Penske Retirement Savings Plan? ▼
Next read for Penske Retirement Savings Plan
Filing takeaways
Ways to act on Penske Retirement Savings Plan's numbers.
- By total assets, Penske Retirement Savings Plan 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