401(k) · DOL Form 5500 · 2022
Driven Brands Inc. 401(k) Plan
Data updated 2026-08-25
- $45M
- Total assets Below avg plan size
- 6,629
- Participants Above avg headcount
- 87th
- Percentile by assets National rank
- $6,841
- Avg per participant Low balance/head
Official DOL plan name: Driven Brands, Inc. Employee Retirement Savings Plan · Sponsored by Driven Brands Inc. · North Carolina · Retail Trade
$45M in assets, 6,629 participants
Driven Brands Inc.'s Driven Brands, Inc. Employee Retirement Savings Plan reported $45M in total assets and 6,629 participants in its 2022 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #8,854 in Retail Trade (9,519 peers)
Coverage in North Carolina
Driven Brands, Inc. Employee Retirement Savings Plan covers 6,629 participants in North Carolina, 8.1x the typical North Carolina plan (state average ~819 per filing). Assets: $45M.
- #8,854
- in Retail Trade (9,519 peers)
- -6.3%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Driven Brands, Inc. Employee Retirement Savings Plan's outsized position by total assets
Driven Brands, Inc. Employee Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$45,348,458 Top 13% higher than 87% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Driven Brands, Inc. Employee Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Driven Brands, Inc. Employee Retirement Savings Plan lands in the large band (6,629 participants).
Published 5500 schedule card
Filing strip 200381531 · Driven Brands Inc. PY 2022 · 401(k)
Driven Brands, Inc. Employee Retirement Savings Plan · $45M · 6,629 · 87th
- EIN $45M
- RANK 6,629
- PHOTO 87th
- IND 401(k)
- EOY near Productivity, Inc. Savings & Profit Sharing Plan and Trust
- 5500 ind #8854
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in North Carolina →
Driven Brands, Inc. Employee Retirement Savings Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | -$3M |
| Employer EIN | 200381531 |
| Plan Effective Date | 2003-08-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Driven Brands Inc.)
Sponsor-wide plan assets over time
All Driven Brands Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $80M 76.1665567548074% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,629 | $45M |
| 2023 | 1 | 7,463 | $66M |
| 2024 | 1 | 6,699 | $80M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Driven Brands, Inc. Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Productivity, Inc. Savings & Profit Sharing Plan and Trust in MN ($45M); by covered participants it is Chenega Corporation 401(k) Profit Sharing Plan and Trust in AK (6,629 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45M here).
Similar participant headcount
Nearest other-state filings by covered participants (6,629 participants); asset peers above are excluded.
- Chenega Corporation 401(k) Profit Sharing Plan and Trust (AK) 6,629 · 0 off
- Growmark Member Cooperative 401(k) Savings Plan (IL) 6,637 · 8 off
- Alaska Airlines, Inc. Cops, Mrp & Dispatch 401(k) Plan (WA) 6,637 · 8 off
- American Financial Group 401(k) Retirement and Savings Plan (OH) 6,642 · 13 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.