2023 Form 5500 filing — Penske Logistics Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014071600NAL0014593651001) for Penske Logistics Retirement Savings Plan, reported by Penske Truck Leasing Co., Lp under EIN 23-2518618 and plan number 010. It reports 6,089 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014071600NAL0014593651001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Penske Truck Leasing Co., Lp
- EIN
- 23-2518618
- Plan number
- 010
- Location
- Reading, PA
- Participants
- 6,089
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $312,681,775
- Total liabilities (EOY)
- $46,200
- Net assets (EOY)
- $312,635,575
- Employer contributions
- $7,662,837
- Participant contributions
- $18,373,688
- Total income / additions
- $79,342,793
- Benefits paid
- $33,070,572
- Administrative expenses
- $122,816
- Total expenses
- $33,193,388
- Net increase / (decrease)
- $46,149,405
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $172,203 | $0 |
| Mercer Investment Consulting | INVESTMENT ADVISORY | $75,296 | not reported in the loaded dataset |
| Deloitte & Touche Llp | INVESTMENT ADVISORY | $39,889 | $4,945 |