Employers › PACCAR
Recordkeeping fees per participant · Paccar Inc Savings Investment Plan · plan year 2024
$3.94
Higher than 7% of the 790 plans over $1B that report it.
= $55,128 / 13,995
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729163438NAL0008140226001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729163438NAL0008140226001, received 2025-07-29
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-29.
Administrative expenses excluding investment management, per participant
$8.08
Higher than 8% of the 1,045 plans over $1B that report it.
= $113,140 / 13,995
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729163438NAL0008140226001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729163438NAL0008140226001, received 2025-07-29
Administrative expenses per participant
$8.08
Higher than 3% of the 1,076 plans over $1B that report it.
= $113,140 / 13,995
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729163438NAL0008140226001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729163438NAL0008140226001, received 2025-07-29
Administrative expenses as a share of assets
0.004%
Higher than 3% of the 1,076 plans over $1B that report it.
= $113,140 / $2,894,818,063
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729163438NAL0008140226001, received 2025-07-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729163438NAL0008140226001, received 2025-07-29
Employer contributions per participant
$3,824
Higher than 51% of the 1,135 plans over $1B that report it.
= $53,512,860 / 13,995
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729163438NAL0008140226001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729163438NAL0008140226001, received 2025-07-29
Employer share of total contributions
34.9%
Higher than 57% of the 1,135 plans over $1B that report it.
= $53,512,860 / $153,401,432
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729163438NAL0008140226001, received 2025-07-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729163438NAL0008140226001, received 2025-07-29
Employer match
“For eligible participants, for every $1.00 contributed to the Plan up to 5% of eligible pay, the Company makes a matching contribution of $1.00 towards the purchase of PACCAR Inc common stock.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Covered employees are eligible to participate in the Plan and receive employer contributions immediately upon participation.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“Plan participants are immediately 100% vested in participant and Company matching contributions when made, plus any investment earnings thereon.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Newly hired employees are automatically enrolled in the Plan at a pre-tax contribution rate of 5% unless they elect to not participate in the Plan within 45 days.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250729163438NAL0008140226001, received 2025-07-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PACCAR INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Plan name | PACCAR INC SAVINGS INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Sponsor EIN / plan number | 91-0351110 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Sponsor location | BELLEVUE, WA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Industry (business code) | 336100, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Filing received | 2025-07-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Participants, beginning of year | 14,893 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Active participants | 10,793 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Participants, end of year | 14,335 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Participants with an account balance | 13,995 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Total assets, beginning of year | $2,662,775,043 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Total assets, end of year | $2,894,818,063 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Net assets, end of year | $2,894,680,327 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Total income | $515,828,637 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Net income | $231,905,284 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Employer contributions | $53,512,860 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Participant contributions | $90,394,490 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Other contributions (incl. rollovers) | $9,494,082 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Total contributions | $153,401,432 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Benefit payments | $283,373,302 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Total expenses (incl. benefit payments) | $283,923,353 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Total administrative expenses | $113,140 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Contract administrator fees | $6,000 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Recordkeeping fees | $55,128 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Administrative expenses excluding investment management | $113,140 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Held in common/collective trusts | $839,330,945 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Held in mutual funds | $621,684,468 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250729163438NAL0008140226001, received 2025-07-29 |
| Independent auditor | ERNST & YOUNG, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250729163438NAL0008140226001, received 2025-07-29 |
Position = column in the DOL layout for form year 2024. Filing 20250729163438NAL0008140226001, received 2025-07-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $58,062 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250729163438NAL0008140226001, received 2025-07-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,662,775,043 | $2,894,818,063 | 8.7% |
| Participants with a balance | 14,434 | 13,995 | -3.0% |
| Administrative expenses | $85,665 | $113,140 | 32.1% |
| Recordkeeping fees per participant | $22.58 | $3.94 | -82.6% |
| Employer contributions | $50,915,106 | $53,512,860 | 5.1% |
Prior filing 20240726120117NAL0015918945001, received 2024-07-26; the plan years are contiguous.
Sponsor name as filed: PACCAR INC; SEC registrant: PACCAR INC (CIK 75362, matched by EIN; display name from the Form 10-K cover).