Automotive Component Carrier, Inc. Personal Savings Plan For Hourly Rate Employees — Form 5500 plan (Penske Truck Leasing Co., Lp)

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, Automotive Component Carrier, Inc. Personal Savings Plan For Hourly Rate Employees is a benefit plan reported by Penske Truck Leasing Co., Lp under EIN 23-2518618 and plan number 012. The latest loaded filing year is 2023. The filing reports 9,523 participants and $89,820,331 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Penske Truck Leasing Co., Lp
EIN
23-2518618
Plan number
012
Plan type
2
Location
Reading, PA
Latest filing year
2023
Participants
9,523
End-of-year plan assets
$89,820,331

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239,523H, C20241014071405NAL0014592979001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$89,820,331
Total liabilities (EOY)
$0
Net assets (EOY)
$89,820,331
Net assets (BOY)
$72,079,278

Income & contributions

Employer contributions
$3,575,505
Participant contributions
$10,912,897
Total contributions
$16,430,269
Total income / additions
$28,808,908

Expenses & distributions

Benefits paid
$11,066,187
Administrative expenses
$1,668
Total expenses
$11,067,855
Net increase / (decrease)
$17,741,053

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$76,493$02023

Related Form 5500 pages