2023 Form 5500 filing — Penske Automotive Group 401(K) Savings And Retirement 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 20241003144628NAL0017256256001) for Penske Automotive Group 401(K) Savings And Retirement Plan, reported by Penske Automotive Group, Inc. under EIN 22-3086739 and plan number 005. It reports 16,586 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003144628NAL0017256256001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Penske Automotive Group, Inc.
- EIN
- 22-3086739
- Plan number
- 005
- Location
- Bloomfield Hills, MI
- Participants
- 16,586
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $933,143,066
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $933,143,066
- Employer contributions
- $22,464,984
- Participant contributions
- $66,926,115
- Total income / additions
- $233,758,180
- Benefits paid
- $74,299,520
- Administrative expenses
- $642,844
- Total expenses
- $77,191,822
- Net increase / (decrease)
- $156,566,358
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $640,847 | $0 |