401(k) · DOL Form 5500 · 2022

Red Lobster Management LLC 401(k) Plan

Data updated 2026-08-11

$237M
Total assets
34,346
Participants
96th
Percentile by assets
$6,896
Avg per participant
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Official DOL plan name: Red Lobster 401(k) Plan · Sponsored by Red Lobster Management LLC · Florida · Food Services & Accommodation

$237M in assets, 34,346 participants

Red Lobster Management LLC's Red Lobster 401(k) Plan reported $237M in total assets and 34,346 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)
  • #4,552 in Food Services & Accommodation (4,592 peers)

Coverage in Florida

Red Lobster 401(k) Plan covers 34,346 participants in Florida, 55x the typical Florida plan (state average ~628 per filing). Assets: $237M.

$237M
total plan assets (2022 EOY)
34,346
covered participants
96th
percentile by assets (of 139,126 plans)
$6,896
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 Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Red Lobster 401(k) Plan reports 34,346 participants - 55x that state average ($237M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$237M
Net Income-$60M
Employer EIN465136889
Plan Effective Date2014-07-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Red Lobster Management LLC)

$230M$240M$250M$260M 20222023 $237M $257M ▲ +8.7%
Total plan assets by year, all Red Lobster Management LLC plans on file
Year Plans Participants Total Assets
2022 1 34,346 $237M
2023 1 26,687 $257M

Nearby 401(k) Plans in Florida

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

Red Lobster 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Red Lobster 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. 0100000200000300000400000 -5051015 Total assets ($B) Participants Red Lobster 401(k) P…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Red Lobster 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Red Lobster 401(k) Plan assets move in 2022?
Red Lobster 401(k) Plan declined sharply - down 20.1% during 2022, from $297M to $237M. Reported net income was -$60M.
How have Red Lobster Management LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Red Lobster Management LLC's sponsor-wide assets grew 8.7%, from $237M to $257M.
Where does Red Lobster 401(k) Plan rank by assets among Form 5500 filers?
Red Lobster 401(k) 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 Red Lobster 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pike 401(k) Plan in NC ($237M, 8,453 participants).

Filing takeaways

Ways to act on Red Lobster 401(k) Plan's numbers.