401(k) · DOL Form 5500 · 2022

Raising Cane's USA, LLC 401(k) Plan

Data updated 2026-08-11

$50M
Total assets
18,330
Participants
88th
Percentile by assets
$2,714
Avg per participant
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Official DOL plan name: Raising Cane's Retirement Savings Plan · Sponsored by Raising Cane's USA, LLC · Texas · Food Services & Accommodation

$50M in assets, 18,330 participants

Raising Cane's USA, LLC's Raising Cane's Retirement Savings Plan reported $50M in total assets and 18,330 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #4,454 in Food Services & Accommodation (4,592 peers)

Coverage in Texas

Raising Cane's Retirement Savings Plan covers 18,330 participants in Texas, 27x the typical Texas plan (state average ~688 per filing). Assets: $50M.

$50M
total plan assets (2022 EOY)
18,330
covered participants
88th
percentile by assets (of 139,126 plans)
$2,714
avg assets per participant

Where Raising Cane's Retirement Savings Plan sits by total assets

Raising Cane's Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$49,752,562 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Raising Cane's Retirement Savings Plan reports 18,330 participants - 27x that state average ($50M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$50M
Net Income$5M
Employer EIN721464965
Plan Effective Date2007-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Raising Cane's USA, LLC)

$40M$60M$80M$100M$120M 202220232024 $49.8M $108M ▲ +117.8%
Total plan assets by year, all Raising Cane's USA, LLC plans on file
Year Plans Participants Total Assets
2022 1 18,330 $50M
2023 1 18,216 $77M
2024 1 21,289 $108M

Nearby 401(k) Plans in Texas

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

Raising Cane's Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -10010203040 Total assets ($B) Participants Raising Cane's Retir…, Total assets ($B): 0.049752562 · Participants: 18330Raising Cane's Retir…AT&T Retirement Savi…, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Raising Cane's Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Raising Cane's Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Raising Cane's Retirement Savings Plan assets move in 2022?
Raising Cane's Retirement Savings Plan grew at a solid clip - up 11.3% during 2022, from $45M to $50M. Reported net income was $5M.
How have Raising Cane's USA, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Raising Cane's USA, LLC's sponsor-wide assets grew 117.8%, from $50M to $108M.
Where does Raising Cane's Retirement Savings Plan rank by assets among Form 5500 filers?
Raising Cane's Retirement Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Raising Cane's Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Nebraska Orthopaedic Center, P.C. 401(k) Profit Sharing Plan in NE ($50M, 125 participants).

Next read for Raising Cane's Retirement Savings Plan

Filing takeaways

Ways to act on Raising Cane's Retirement Savings Plan's numbers.