Performance Group 401(K) Retirement Savings Plan — Form 5500 plan (Penske Racing South, 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, Performance Group 401(K) Retirement Savings Plan is a benefit plan reported by Penske Racing South, Inc. under EIN 22-3024255 and plan number 002. The latest loaded filing year is 2023. The filing reports 517 participants and $74,866,751 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Penske Racing South, Inc.
- EIN
- 22-3024255
- Plan number
- 002
- Plan type
- 2
- Location
- Mooresville, NC
- Latest filing year
- 2023
- Participants
- 517
- End-of-year plan assets
- $74,866,751
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 517 | H, C | 20240919152315NAL0002437811001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $74,866,751
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $74,866,751
- Net assets (BOY)
- $65,865,565
Income & contributions
- Employer contributions
- $1,103,904
- Participant contributions
- $3,649,050
- Total contributions
- $4,856,994
- Total income / additions
- $15,086,540
Expenses & distributions
- Benefits paid
- $5,951,640
- Administrative expenses
- $129,613
- Total expenses
- $6,085,354
- Net increase / (decrease)
- $9,001,186
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $131,668 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Penske Racing South, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Mooresville, NC
- Principal Life Insurance Company — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation