401k Plan data: PENSKE CASH BALANCE BENEFIT PLAN plan

PENSKE CASH BALANCE BENEFIT PLAN 401k Plan overview

Plan Name	PENSKE CASH BALANCE BENEFIT PLAN
Plan identification number	014

PENSKE CASH BALANCE BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PENSKE TRUCK LEASING CO., LP has sponsored the creation of one or more 401k plans.

Company Name: PENSKE TRUCK LEASING CO., LP

Employer identification number (EIN): 232518618

NAIC Classification: 488490
NAIC Description: Other Support Activities for Road Transportation

Additional information about PENSKE TRUCK LEASING CO., LP

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2167014

More information about PENSKE TRUCK LEASING CO., LP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSKE CASH BALANCE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
014 2022-01-01
014 2021-01-01
014 2020-01-01

Plan Statistics for PENSKE CASH BALANCE BENEFIT PLAN

401k plan membership statisitcs for PENSKE CASH BALANCE BENEFIT PLAN

Measure Date Value
2022: PENSKE CASH BALANCE BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 675,641,375
Acturial value of plan assets 2022-12-31 614,282,026
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 120,139,932
Number of terminated vested participants 2022-12-31 7,394
Fundng target for terminated vested participants 2022-12-31 86,041,451
Active participant vested funding target 2022-12-31 277,283,316
Number of active participants 2022-12-31 15,392
Total funding liabilities for active participants 2022-12-31 282,097,442
Total participant count 2022-12-31 25,654
Total funding target for all participants 2022-12-31 488,278,825
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 51,146,718
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 51,146,718
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 59,596,156
Total employer contributions 2022-12-31 87,000,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 81,634,166
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 36,832,280
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 81,634,166
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 24,432
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 15,110
Number of retired or separated participants receiving benefits 2022-01-01 2,306
Number of other retired or separated participants entitled to future benefits 2022-01-01 8,126
Total of all active and inactive participants 2022-01-01 25,542
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 566
Total participants 2022-01-01 26,108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 551
2021: PENSKE CASH BALANCE BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 616,263,722
Acturial value of plan assets 2021-12-31 554,637,350
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 125,789,169
Number of terminated vested participants 2021-12-31 6,677
Fundng target for terminated vested participants 2021-12-31 80,262,124
Active participant vested funding target 2021-12-31 252,598,304
Number of active participants 2021-12-31 16,544
Total funding liabilities for active participants 2021-12-31 255,153,125
Total participant count 2021-12-31 26,276
Total funding target for all participants 2021-12-31 461,204,418
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 48,600,074
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 51,146,718
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 51,146,718
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 51,146,718
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 34,402,490
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 24,433
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 14,171
Number of retired or separated participants receiving benefits 2021-01-01 2,296
Number of other retired or separated participants entitled to future benefits 2021-01-01 7,338
Total of all active and inactive participants 2021-01-01 23,805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 627
Total participants 2021-01-01 24,432
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1,203
2020: PENSKE CASH BALANCE BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 503,626,812
Acturial value of plan assets 2020-12-31 467,576,072
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 129,784,886
Number of terminated vested participants 2020-12-31 6,455
Fundng target for terminated vested participants 2020-12-31 72,240,729
Active participant vested funding target 2020-12-31 236,293,255
Number of active participants 2020-12-31 15,862
Total funding liabilities for active participants 2020-12-31 238,926,833
Total participant count 2020-12-31 25,378
Total funding target for all participants 2020-12-31 440,952,448
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 57,200,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 55,032,855
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 33,056,405
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 6,432,781
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 6,432,781
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 55,032,855
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 22,776
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 14,702
Number of retired or separated participants receiving benefits 2020-01-01 2,410
Number of other retired or separated participants entitled to future benefits 2020-01-01 6,657
Total of all active and inactive participants 2020-01-01 23,769
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 664
Total participants 2020-01-01 24,433
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 1,063

Measure	Date	Value
2022: PENSKE CASH BALANCE BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	675,641,375
Acturial value of plan assets	2022-12-31	614,282,026
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	120,139,932
Number of terminated vested participants	2022-12-31	7,394
Fundng target for terminated vested participants	2022-12-31	86,041,451
Active participant vested funding target	2022-12-31	277,283,316
Number of active participants	2022-12-31	15,392
Total funding liabilities for active participants	2022-12-31	282,097,442
Total participant count	2022-12-31	25,654
Total funding target for all participants	2022-12-31	488,278,825
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	51,146,718
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	51,146,718
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	59,596,156
Total employer contributions	2022-12-31	87,000,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	81,634,166
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	36,832,280
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	81,634,166
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	24,432
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	15,110
Number of retired or separated participants receiving benefits	2022-01-01	2,306
Number of other retired or separated participants entitled to future benefits	2022-01-01	8,126
Total of all active and inactive participants	2022-01-01	25,542
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	566
Total participants	2022-01-01	26,108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	551
2021: PENSKE CASH BALANCE BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	616,263,722
Acturial value of plan assets	2021-12-31	554,637,350
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	125,789,169
Number of terminated vested participants	2021-12-31	6,677
Fundng target for terminated vested participants	2021-12-31	80,262,124
Active participant vested funding target	2021-12-31	252,598,304
Number of active participants	2021-12-31	16,544
Total funding liabilities for active participants	2021-12-31	255,153,125
Total participant count	2021-12-31	26,276
Total funding target for all participants	2021-12-31	461,204,418
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	48,600,074
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	51,146,718
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	51,146,718
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	51,146,718
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	34,402,490
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	24,433
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	14,171
Number of retired or separated participants receiving benefits	2021-01-01	2,296
Number of other retired or separated participants entitled to future benefits	2021-01-01	7,338
Total of all active and inactive participants	2021-01-01	23,805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	627
Total participants	2021-01-01	24,432
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1,203
2020: PENSKE CASH BALANCE BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	503,626,812
Acturial value of plan assets	2020-12-31	467,576,072
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	129,784,886
Number of terminated vested participants	2020-12-31	6,455
Fundng target for terminated vested participants	2020-12-31	72,240,729
Active participant vested funding target	2020-12-31	236,293,255
Number of active participants	2020-12-31	15,862
Total funding liabilities for active participants	2020-12-31	238,926,833
Total participant count	2020-12-31	25,378
Total funding target for all participants	2020-12-31	440,952,448
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	57,200,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	55,032,855
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	33,056,405
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	6,432,781
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	6,432,781
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	55,032,855
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	22,776
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	14,702
Number of retired or separated participants receiving benefits	2020-01-01	2,410
Number of other retired or separated participants entitled to future benefits	2020-01-01	6,657
Total of all active and inactive participants	2020-01-01	23,769
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	664
Total participants	2020-01-01	24,433
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	1,063

Financial Data on PENSKE CASH BALANCE BENEFIT PLAN

Measure	Date	Value
2022 : PENSKE CASH BALANCE BENEFIT PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$622,136
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$321,412
Total income from all sources (including contributions)	2022-12-31	$-18,829,808
Total of all expenses incurred	2022-12-31	$39,118,735
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$35,078,491
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$87,000,000
Value of total assets at end of year	2022-12-31	$617,993,556
Value of total assets at beginning of year	2022-12-31	$675,641,375
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$4,040,244
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$20,821,605
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$20,821,605
Administrative expenses professional fees incurred	2022-12-31	$46,833
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$15,000,000
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Administrative expenses (other) incurred	2022-12-31	$3,800,159
Liabilities. Value of operating payables at end of year	2022-12-31	$611,725
Liabilities. Value of operating payables at beginning of year	2022-12-31	$319,020
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-57,948,543
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$617,371,420
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$675,319,963
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$193,252
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$554,993,556
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$675,641,375
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-126,651,413
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$87,000,000
Employer contributions (assets) at end of year	2022-12-31	$63,000,000
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$35,078,491
Liabilities. Value of benefit claims payable at end of year	2022-12-31	$10,411
Liabilities. Value of benefit claims payable at beginning of year	2022-12-31	$2,392
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	DELOITTE & TOUCHE LLP
Accountancy firm EIN	2022-12-31	133891517
2021 : PENSKE CASH BALANCE BENEFIT PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$321,412
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$387,864
Total income from all sources (including contributions)	2021-12-31	$98,548,205
Total of all expenses incurred	2021-12-31	$39,104,100
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$35,650,217
Value of total assets at end of year	2021-12-31	$675,641,375
Value of total assets at beginning of year	2021-12-31	$616,263,722
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$3,453,883
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$14,163,228
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$14,163,228
Administrative expenses professional fees incurred	2021-12-31	$44,864
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$15,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Administrative expenses (other) incurred	2021-12-31	$3,192,150
Liabilities. Value of operating payables at end of year	2021-12-31	$319,020
Liabilities. Value of operating payables at beginning of year	2021-12-31	$315,916
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$59,444,105
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$675,319,963
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$615,875,858
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$216,869
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$675,641,375
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$602,071,598
Value of interest in common/collective trusts at end of year	2021-12-31	$0
Value of interest in common/collective trusts at beginning of year	2021-12-31	$14,192,124
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$84,384,977
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$35,650,217
Liabilities. Value of benefit claims payable at end of year	2021-12-31	$2,392
Liabilities. Value of benefit claims payable at beginning of year	2021-12-31	$71,948
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	DELOITTE & TOUCHE LLP
Accountancy firm EIN	2021-12-31	133891517
2020 : PENSKE CASH BALANCE BENEFIT PLAN 2020 401k financial data
Total transfer of assets to this plan	2020-12-31	$503,052,624
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$387,864
Total income from all sources (including contributions)	2020-12-31	$146,938,297
Total of all expenses incurred	2020-12-31	$34,115,063
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$30,836,121
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$57,200,000
Value of total assets at end of year	2020-12-31	$616,263,722
Value of total assets at beginning of year	2020-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$3,278,942
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$10,962,287
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$10,962,287
Administrative expenses professional fees incurred	2020-12-31	$32,360
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$15,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Administrative expenses (other) incurred	2020-12-31	$2,955,706
Liabilities. Value of operating payables at end of year	2020-12-31	$315,916
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$112,823,234
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$615,875,858
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$290,876
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$602,071,598
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$14,192,124
Value of interest in common/collective trusts at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$76,478,867
Net investment gain or loss from common/collective trusts	2020-12-31	$2,297,143
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$57,200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$30,836,121
Liabilities. Value of benefit claims payable at end of year	2020-12-31	$71,948
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	DELOITTE & TOUCHE LLP
Accountancy firm EIN	2020-12-31	133891517

Form 5500 Responses for PENSKE CASH BALANCE BENEFIT PLAN

2022: PENSKE CASH BALANCE BENEFIT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PENSKE CASH BALANCE BENEFIT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PENSKE CASH BALANCE BENEFIT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	First time form 5500 has been submitted	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PENSKE TRUCK LEASING CO., LP
Employer identification number (EIN):	232518618
NAIC Classification:	488490
NAIC Description:	Other Support Activities for Road Transportation

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2167014