# Penske Truck Leasing Co., LP 401(k) Plan
Source: https://planprovider.pro/companies/penske-truck-leasing-co-lp-401k-plan-012

> Penske Truck Leasing Co., LP's 401(k) plan: 12,647 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Penske Truck Leasing Co., LP

- **Sponsor EIN:** 232518618

- **Sponsor Address:** P.O. BOX 563, READING, PA, 196030563

- **Plan Type:** 401(k)

- **Total Participants:** 12,647

- **Total Assets:** $142.6M

## 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|12,647|$142.6M|$4.3M|$17.1M|

| 2023|12,179|$89.8M|$3.6M|$10.9M|

| 2022|8,849|$72.1M|$4.7M|$11.5M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$24,597|—|$24,597|

| MERCER|INVESTMENT ADVISORY|$15,510|—|$15,510|

| DELOITTE & TOUCHE LLPD|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DELOITTE & TOUCHE LLPD](https://planprovider.pro/provider/deloitte-and-touche-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $40,107

- **Estimated Expense Ratio:** 0.028% of plan assets

### 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|-$84,305|—|-$84,305|—|—|

| 2023|$1,668|—|$1,668|—|—|

| 2022|$128,807|—|$128,807|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/penske-truck-leasing-co-lp-401k-plan-012)

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