Penske Automotive Group 401(K) Savings And Retirement Plan — Form 5500 plan (Penske Automotive Group, Inc.)

Plain-English plan 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, Penske Automotive Group 401(K) Savings And Retirement Plan is a benefit plan reported by Penske Automotive Group, Inc. under EIN 22-3086739 and plan number 005. The latest loaded filing year is 2023. The filing reports 16,586 participants and $933,143,066 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Penske Automotive Group, Inc.
EIN
22-3086739
Plan number
005
Plan type
2
Location
Bloomfield Hills, MI
Latest filing year
2023
Participants
16,586
End-of-year plan assets
$933,143,066

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202316,586H, C20241003144628NAL0017256256001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$933,143,066
Total liabilities (EOY)
$0
Net assets (EOY)
$933,143,066
Net assets (BOY)
$776,576,708

Income & contributions

Employer contributions
$22,464,984
Participant contributions
$66,926,115
Total contributions
$93,974,023
Total income / additions
$233,758,180

Expenses & distributions

Benefits paid
$74,299,520
Administrative expenses
$642,844
Total expenses
$77,191,822
Net increase / (decrease)
$156,566,358

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$640,847$02023

Related Form 5500 pages