401(k) · DOL Form 5500 · 2022

Whataburger Restaurants LLC 401(k) Plan

Data updated 2026-08-11

$215M
Total assets
36,855
Participants
96th
Percentile by assets
$5,832
Avg per participant
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Official DOL plan name: Whataburger 401(k) Savings Plan · Sponsored by Whataburger Restaurants LLC · Texas · Food Services & Accommodation

$215M in assets, 36,855 participants

Whataburger Restaurants LLC's Whataburger 401(k) Savings Plan reported $215M in total assets and 36,855 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #4,548 in Food Services & Accommodation (4,592 peers)

Coverage in Texas

Whataburger 401(k) Savings Plan covers 36,855 participants in Texas, 54x the typical Texas plan (state average ~688 per filing). Assets: $215M.

$215M
total plan assets (2022 EOY)
36,855
covered participants
96th
percentile by assets (of 139,126 plans)
$5,832
avg assets per participant

The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Whataburger 401(k) Savings Plan reports 36,855 participants - 54x that state average ($215M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$275M
Net Assets (End of Year)$215M
Net Income-$60M
Employer EIN301199687
Plan Effective Date1971-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Whataburger Restaurants LLC)

$200M$220M$240M$260M$280M 202220232024 $215M $262M ▲ +21.9%
Total plan assets by year, all Whataburger Restaurants LLC plans on file
Year Plans Participants Total Assets
2022 1 36,855 $215M
2023 1 36,109 $236M
2024 1 38,324 $262M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Whataburger 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Whataburger 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -10010203040 Total assets ($B) Participants Whataburger 401(k) S…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Whataburger 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Whataburger 401(k) Savings Plan

Whataburger 401(k) Savings Plan reports $215M in end-of-year assets across 36,855 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.039% of 93,925,755 covered participants) - about $5,832 per participant (4% of the national average assets-per-participant) . Net income for plan year 2022 was -$60M.

This plan identity (EIN 301199687, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $215M to $262M (+21.9%) while covered participants moved from 36,855 to 38,324 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 36,855 $215M This page
2023 36,109 $236M Open filing
2024 · index core 38,324 $262M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Whataburger 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Whataburger 401(k) Savings Plan assets move in 2022?
Whataburger 401(k) Savings Plan declined sharply - down 21.8% during 2022, from $275M to $215M. Reported net income was -$60M.
How have Whataburger Restaurants LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Whataburger Restaurants LLC's sponsor-wide assets grew 21.9%, from $215M to $262M.
Where does Whataburger 401(k) Savings Plan rank by assets among Form 5500 filers?
Whataburger 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Whataburger 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Erickson Community 401(k) Plan in MD ($215M, 10,526 participants).

Filing takeaways

Ways to act on Whataburger 401(k) Savings Plan's numbers.