401(k) · DOL Form 5500 · 2022

The Wendy's Company 401(k) Plan

Data updated 2026-08-11

$248M
Total assets
6,230
Participants
96th
Percentile by assets
$39,827
Avg per participant
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Official DOL plan name: The Wendy's Company 401(k) Retirement Plan · Sponsored by The Wendy's Company · Ohio · Food Services & Accommodation

$248M in assets, 6,230 participants

The Wendy's Company's The Wendy's Company 401(k) Retirement Plan reported $248M in total assets and 6,230 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)
  • #4,553 in Food Services & Accommodation (4,592 peers)

Coverage in Ohio

The Wendy's Company 401(k) Retirement Plan covers 6,230 participants in Ohio, 8.1x the typical Ohio plan (state average ~765 per filing). Assets: $248M.

$248M
total plan assets (2022 EOY)
6,230
covered participants
96th
percentile by assets (of 139,126 plans)
$39,827
avg assets per participant

The plan reported a net loss of $57M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. The Wendy's Company 401(k) Retirement Plan reports 6,230 participants - 8.1x that state average ($248M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$305M
Net Assets (End of Year)$248M
Net Income-$57M
Employer EIN380471180
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Wendy's Company)

$240M$260M$280M$300M 202220232024 $248M $294M ▲ +18.5%
Total plan assets by year, all The Wendy's Company plans on file
Year Plans Participants Total Assets
2022 1 6,230 $248M
2023 1 8,373 $270M
2024 1 11,881 $294M

Nearby 401(k) Plans in Ohio

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

The Wendy's Company 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

The Wendy's Company 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -20246810 Total assets ($B) Participants The Wendy's Company …The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
The Wendy's Company 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for The Wendy's Company 401(k) Retirement Plan

The Wendy's Company 401(k) Retirement Plan reports $248M in end-of-year assets across 6,230 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $39,827 per participant (29% of the national average assets-per-participant) . Net income for plan year 2022 was -$57M.

This plan identity (EIN 380471180, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $248M to $294M (+18.5%) while covered participants moved from 6,230 to 11,881 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,230 $248M This page
2023 8,373 $270M Open filing
2024 · index core 11,881 $294M 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 The Wendy's Company 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Wendy's Company 401(k) Retirement Plan assets move in 2022?
The Wendy's Company 401(k) Retirement Plan declined sharply - down 18.7% during 2022, from $305M to $248M. Reported net income was -$57M.
How have The Wendy's Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Wendy's Company's sponsor-wide assets grew 18.5%, from $248M to $294M.
Where does The Wendy's Company 401(k) Retirement Plan rank by assets among Form 5500 filers?
The Wendy's Company 401(k) Retirement 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 The Wendy's Company 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Johnsonville Profit Sharing and 401(k) Plan in WI ($248M, 1,761 participants).

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Filing takeaways

Ways to act on The Wendy's Company 401(k) Retirement Plan's numbers.