Penske Truck Leasing Co., LP
Updated Filing received by DOL
Penske Truck Leasing Co., LP, a transportation — truck & rail employer in Reading, Pennsylvania, reported 26,575 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 13 insurance contracts with no premium reported and $1.4M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Penske Truck Leasing Co., LP's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Penske Truck Leasing Co., LP filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Mercer | $964,984 | $314,642 | $1,279,626 | 4 |
| Alight Solutions LLC | $53,006 | $0 | $53,006 | 1 |
| Marsh McLennan Agency | $14,728 | $7,599 | $22,327 | 3 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Aetna Life Insurance Codental | 6,691 | — | — | — |
| Capital Districts Physicians Health Planhealth | 9 | — | — | — |
| Cigna Health & Life Insurancew Companyhealth | 150 | — | — | — |
| Kaiser Foundation Health Planhealth, HMO | 8 | — | — | — |
| Kaiser Foundation Health Plan - Californiahealth | 156 | — | — | — |
| Kaiser Foundation Health Plan - Hawaiihealth, HMO | 33 | — | — | — |
| Kaiser Foundation Health Plan - Oregonhealth, HMO | 2 | — | — | — |
| Kaiser Foundation Health Plan Inc.health, HMO | 4 | — | — | — |
| Metropolitan Life Insurance Companylife | 182 | — | $22,327 | — |
| Metropolitan Life Insurance Companylife | 60,534 | — | $380,098 | — |
| Unitedhealthcare Insurance Companyhealth | 22,528 | — | — | — |
| Unum Life Insurance Company of America 913909,913910,913911short-term disability | 13,906 | — | $758,198 | — |
| Unum Life Insurance Company of America 955908,913907,913906short-term disability | 19,687 | — | $194,336 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Penske Truck Leasing Co., LP compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 22,987 | 26,575 | +15.6% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $1,150,230 | $1,354,959 | +17.8% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Healthcare and Income Protection Plan#504 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 26,575 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Penske Truck Leasing Co., LP pay in health insurance broker commissions in 2024?
Penske Truck Leasing Co., LP's 2024 Form 5500 reports $1,354,959 in broker commissions and fees across 13 insurance contracts ($1,032,718 in commissions, $322,241 in fees), with Mercer receiving the largest share.
Is Penske Truck Leasing Co., LP's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Capital Districts Physicians Health Plan, Cigna Health & Life Insurancew Company, Kaiser Foundation Health Plan.
How does Penske Truck Leasing Co., LP's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Penske Truck Leasing Co., LP because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.