PACCAR Inc 401(k): Fidelity, match 5% max
PACCAR Inc Savings Investment Plan · PCAR · CIK 75362
Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
5%
PACCAR Inc matches 100% (dollar-for-dollar) of the first 5% of pay.
From the Form 11-K filed June 24, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What PACCAR puts in, and what the plan costs
What PACCAR put into the plan, per active participant
$4,958
PACCAR Inc put $4,958 into this plan for each of its 10,793 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
PACCAR put in more per active participant than 62% of plans with 5,000+ participants in aerospace and vehicle manufacturing. The middle plan in that group of 69 reported $4,233. Aerospace and vehicle manufacturing comes from business code 336100, which PACCAR entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much PACCAR pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 910351110, plan 002 · DOL EFAST2 ↗
The $4,958 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. PACCAR Inc also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,475 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What PACCAR puts in
$2,475
a year, at a $49,500 salary.
The match paragraph, word for word
“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. Participant contributions (excluding age 50 catch-up deferrals) were matched to the lesser of 5% of the participants’ respective annual compensation or their annual salary deferrals (subject to certain Internal Revenue Service (the IRS) limits). The Company made matching contributions of $49,120,915 during 2025. Matching contributions are allocated to participant accounts each pay period. The Company’s rate of contribution and manner in which the Company makes its contribution, including the use of available forfeitures, shall be decided by the Company at its sole discretion with respect to each Plan year.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Plan participants are immediately 100% vested in participant and Company matching contributions when made, plus any investment earnings thereon.”
The match starts with the job. This is a filed term, and it does not move the score above.
Eligibility, word for word
“The PACCAR Inc Savings Investment Plan (the Plan) is a defined contribution plan covering substantially all non-union U.S. employees of PACCAR Inc and its U.S. subsidiaries (collectively, the Company). Covered employees are eligible to participate in the Plan and receive employer contributions immediately upon participation.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
5th percentile
$7.60 per participant in plan-paid administrative cost, cheaper than 95% of plans with 5,000+ participants.
What is PACCAR's 401(k) match formula?
PACCAR's 401(k) employer match tops out at 5% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 5% of pay |
|---|---|
| Maximum employer match | 5% of compensation |
| Deposited | Each payroll |
| Paid in company stock | Yes |
| Conditions | Match is contributed toward the purchase of PACCAR Inc common stock; participants may generally transfer matching contribution balances out of the stock fund at any time; age 50 catch-up deferrals are not matched; the Company's rate of contribution and the manner of contribution are decided at its sole discretion with respect to each Plan year |
At a $75,000 salary, contributing 5% ($3,750) earns the full employer match of $3,750 for the year.
What the filing says, word for word
“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. Participant contributions (excluding age 50 catch-up deferrals) were matched to the lesser of 5% of the participants’ respective annual compensation or their annual salary deferrals (subject to certain Internal Revenue Service (the IRS) limits). The Company made matching contributions of $49,120,915 during 2025. Matching contributions are allocated to participant accounts each pay period. The Company’s rate of contribution and manner in which the Company makes its contribution, including the use of available forfeitures, shall be decided by the Company at its sole discretion with respect to each Plan year.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is PACCAR's 401(k) vesting schedule?
PACCAR vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Plan participants are immediately 100% vested in participant and Company matching contributions when made, plus any investment earnings thereon.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
Who can join PACCAR's 401(k), and is enrollment automatic?
PACCAR enrolls new hires automatically at 5% of pay.
| Plan entry | Covered employees (substantially all non-union U.S. employees) are eligible to participate immediately |
|---|---|
| Match eligibility | Employer contributions received immediately upon participation |
| Excluded groups | Union employees; the Plan covers substantially all non-union U.S. employees of PACCAR Inc and its U.S. subsidiaries |
| Automatic enrollment | Yes: default deferral 5% of pay; 45-day opt-out window; default investment: Fidelity Freedom Index Funds (qualified default investment option) |
Eligibility, word for word
“The PACCAR Inc Savings Investment Plan (the Plan) is a defined contribution plan covering substantially all non-union U.S. employees of PACCAR Inc and its U.S. subsidiaries (collectively, the Company). Covered employees are eligible to participate in the Plan and receive employer contributions immediately upon participation.”
Automatic enrollment, word for word
“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.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INVESTMENTS INSTITUTIONAL”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
10,593 plans on file name Fidelity Investments as their recordkeeper. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the PACCAR plan report on Form 5500?
The PACCAR plan reported $2.9B in assets and 14,893 participants for plan year 2024.
| Total plan assets | $2,894,818,063 |
|---|---|
| Participants | 14,893 |
| Plan-paid admin cost per participant | $7.60 |
How that cost compares
This plan pays $7.60 per participant. The median across plans in aerospace and vehicle manufacturing is $112.59, from the 899 of 934 whose Form 5500 yields a per-participant cost.
Paccar Inc. Savings Investment Plan on its Form 5500 filing: fees, providers and financials
How does PACCAR's 401(k) match compare?
PACCAR Inc's maximum 401(k) match of 5% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in aerospace and vehicle manufacturing, two report the same recordkeeper and one vests on the same schedule.
Maximum match 4.5% of pay. Also in aerospace and vehicle manufacturing.
Maximum match 6% of pay. Also in aerospace and vehicle manufacturing.
Maximum match 4% of pay. Also in aerospace and vehicle manufacturing.
Maximum match 5% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 5% of pay. Same recordkeeper, Fidelity Investments.
Employer match vests immediately. Vests immediately too, like PACCAR.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 24, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is PACCAR Inc's 401(k) match?
PACCAR Inc matches 100% of employee contributions up to 5% of eligible pay (plan year ended December 31, 2025).
When does the PACCAR Inc 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does PACCAR Inc's 401(k) plan have automatic enrollment?
Yes: default deferral 5% of pay; 45-day opt-out window; default investment: Fidelity Freedom Index Funds (qualified default investment option).
Who is the recordkeeper for PACCAR Inc's 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for Paccar Inc. Savings Investment Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that PACCAR Inc filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | PACCAR Inc |
| SEC CIK | 75362 |
| Accession number | 0001193125-26-281017 |
| Plan | PACCAR Inc Savings Investment Plan |
| Period of report | December 31, 2025 |
| Filed | June 24, 2026 |
401(k) Monitor is not affiliated with PACCAR Inc, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “PACCAR Inc 401(k) plan facts”, from SEC Form 11-K accession 0001193125-26-281017, plan year ended December 31, 2025.
