Penske Racing South, Inc. 401(k) Plan: Login, Facts & Contact Information

Penske Racing South, Inc. 401(k) Plan Facts

Plan name
PERFORMANCE GROUP 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PENSKE RACING SOUTH, INC.
Participants
533 (439 active employees)
Former employees with a balance
99
Plan assets
$81,995,939 at Dec 31, 2024
Average account balance
$155,295 across 528 accounts
Employer contributions
$1,238,456 in plan year 2024 (23% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1998
✓ 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 Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.50 million went into the plan in contributions, $1.24 million of it from the employer (23%).
  • $7.81 million was paid out to participants.
  • Investment and other income added $9.59 million.
  • Administrative expenses were $148,305, about $281 per account.

How the Penske Racing South, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019562$57.9 million$854,192$2.05 million
2020572$64.7 million$612,190$3.86 million
2021532$75.1 million$782,482$3.10 million
2022499$65.9 million$880,695$3.05 million
2023517$74.9 million$1.10 million$5.95 million
2024533$82.0 million$1.24 million$7.81 million

Penske Racing South, Inc. 401(k) Contact Information

Phone
704-799-8326
Mailing address
200 PENSKE WAY, MOORESVILLE NC 281150500
Plan sponsor
PENSKE RACING SOUTH, INC.
Employer identification number (EIN)
22-3024255
Plan number
002

Questions about the Penske Racing South, Inc. 401(k)

Does Penske Racing South, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.24 million, 23% of all contributions.

Does the Penske Racing South, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Penske Racing South, Inc 401(k) plan?

533 participants at the start of plan year 2024, 439 of them active employees, and 99 former employees who still had money in the plan.

What is the average 401(k) balance at Penske Racing South, Inc?

About $155,295 per account: $82.0 million in plan assets across 528 accounts with a balance at the end of plan year 2024.

Who manages the Penske Racing South, Inc 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 Racing South, Inc. 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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