Penske Motor Group, Llc 401(k) Plan: Login, Facts & Contact Information

Penske Motor Group, Llc 401(k) Plan Facts

Plan name
PENSKE MOTOR GROUP, LLC 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PENSKE MOTOR GROUP, LLC
Participants
1,323 (961 active employees)
Former employees with a balance
275
Plan assets
$164,050,136 at Dec 31, 2024
Average account balance
$133,266 across 1,231 accounts
Employer contributions
$2,257,665 in plan year 2024 (24% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 3, 2012
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.55 million went into the plan in contributions, $2.26 million of it from the employer (24%).
  • $10.2 million was paid out to participants.
  • Investment and other income added $22.2 million.
  • Administrative expenses were $211,780, about $172 per account.

How the Penske Motor Group, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,432$117.9 million$1.77 million$6.81 million
20201,439$124.4 million$724,943$11.5 million
20211,273$140.8 million$1.68 million$11.8 million
20221,282$123.5 million$1.91 million$6.56 million
20231,359$142.8 million$2.10 million$8.76 million
20241,323$164.1 million$2.26 million$10.2 million

Penske Motor Group, Llc 401(k) Contact Information

Phone
626-580-1333
Mailing address
3534 NORTH PECK ROAD, EL MONTE CA 91731
Plan sponsor
PENSKE MOTOR GROUP, LLC
Employer identification number (EIN)
45-4060873
Plan number
001

Questions about the Penske Motor Group, Llc 401(k)

Does Penske Motor Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.26 million, 24% of all contributions.

Does the Penske Motor Group, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Penske Motor Group, Llc 401(k) plan?

1,323 participants at the start of plan year 2024, 961 of them active employees, and 275 former employees who still had money in the plan.

What is the average 401(k) balance at Penske Motor Group, Llc?

About $133,266 per account: $164.1 million in plan assets across 1,231 accounts with a balance at the end of plan year 2024.

Who manages the Penske Motor Group, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Penske Motor Group, Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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