Plan Ledger DOL Form 5500 · updated monthly

Penske Motorsports Corp401(k)

PENSKE ENTERTAINMENT 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Penske Motorsports Corp reported $65,512 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $5,142 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.20% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 325th-largest of 1,562 plans among Indiana employers on file, and the 232nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,241,662
Participants with balances360
Active participants258
Employer contributions$1,326,554
Employee contributions$2,266,506
Employer contribution per active participant$5,142
Average account balance$120,116
Benefits paid to participants$3,426,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.2M · 360 accts · $1.3M emplr
2023$38.1M · 374 accts · $1.2M emplr
2022$32.5M · 363 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,512
Total administrative$65,512
The Penske Motorsports Corp 401(k) match · 2024
Employer contribution per active participant$5,142
Median for plans this size$2,416
2024$5,142 per active participant
2023$4,445 per active participant
2022$4,480 per active participant

Penske Motorsports Corp's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,512
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$65,512 · 0.16%
2023$55,736 · 0.16%
2022$70,502 · 0.20%
Same employer
Similar plansArts, Entertainment & Recreation · Indiana
Pacers Basketball, LLC IN$59.0M · 0.10%
Chip Ganassi Racing, LLC IN$23.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350400820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.