Plan Snapshot
- Plan Sponsor: Penske Truck Leasing Co., L.P.
- Sponsor EIN: 232518618
- Sponsor Address: P.O. BOX 563, READING, PA, 196030563
- Plan Type: 401(k)
- Total Participants: 16,969
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 16,969 | $1.3B | $31.0M | $67.1M |
| 2023 | 17,188 | $1.2B | $28.4M | $60.2M |
| 2022 | 14,569 | $1.0B | $25.0M | $54.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLPD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLPD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $277,681 | — | $277,681 | — | — |
| 2023 | -$74,910 | — | -$74,910 | — | — |
| 2022 | $85,374 | — | $85,374 | — | — |