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Company:
Penske Truck Leasing Co., L.P.
Plan:
Penske Logistics Retirement Savings Plan
 

Penske Truck Leasing Co., L.P.

51 Plan:

 
 
51
9
71
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (51) and the top rated plan (87) could equate to:
[How is this calculated?]
18 additional years of work
Up to $211,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Penske Logistics Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 15% of plans for Total Plan Cost. Penske Logistics Retirement Savings Plan currently has over 7,800 active participants and over $122.8M in plan assets.

 

 Retirement Plan Details

Address Po Box 563
Rt 10 Green Hills
Reading, PA 19603-0563 
Industry Real Estate and Rental and Leasing
Administrator Joe O'Neill
Net Plan Assets $123,000,000
Total Participants 7,900
Avg Account Balance $16,000

 Top 3 Funds in this 401k

1. Transamerica Stable Value Fund 31%
2. GE Institutional Premier Growth Equity 10%
3. Fidelity Balanced 9%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor KPMG, Llp

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