401(k) · DOL Form 5500 · 2023

Pappas Restaurants, Inc. 401(k) Plan

Data updated 2026-08-11

$44M
Total assets
11,234
Participants
84th
Percentile by assets
$3,941
Avg per participant
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Official DOL plan name: Pappas Restaurants 401(k) Plan · Sponsored by Pappas Restaurants, Inc. · Texas · Food Services & Accommodation

$44M in assets, 11,234 participants

Pappas Restaurants, Inc.'s Pappas Restaurants 401(k) Plan reported $44M in total assets and 11,234 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 127,072 plans)
  • #3,669 in Food Services & Accommodation (3,828 peers)

Coverage in Texas

Pappas Restaurants 401(k) Plan covers 11,234 participants in Texas, 16x the typical Texas plan (state average ~688 per filing). Assets: $44M.

$44M
total plan assets (2023 EOY)
11,234
covered participants
84th
percentile by assets (of 127,072 plans)
$3,941
avg assets per participant

Where Pappas Restaurants 401(k) Plan sits by total assets

Pappas Restaurants 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$44,276,129 Top 16% higher than 84% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pappas Restaurants 401(k) Plan reported participants rose from 1,264 in the plan year 2022 filing to 11,234 in the plan year 2023 filing.
  • Pappas Restaurants 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Pappas Restaurants 401(k) Plan end-of-year assets rose from $36M in the plan year 2022 filing to $44M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Pappas Restaurants 401(k) Plan reports 11,234 participants - 16x that state average ($44M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$44M
Net Income$8M
Employer EIN760193066
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pappas Restaurants, Inc.)

$30M$35M$40M$45M$50M$55M 202220232024 $36.4M $51.3M ▲ +40.9%
Total plan assets by year, all Pappas Restaurants, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,264 $36M
2023 1 11,234 $44M
2024 1 10,048 $51M

Nearby 401(k) Plans in Texas

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

Pappas Restaurants 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Pappas Restaurants 4…, Total assets ($B): 0.044276129 · Participants: 11234Pappas Restaurants 4…AT&T Retirement Savi…, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Pappas Restaurants 401(k) 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 Pappas Restaurants 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Pappas Restaurants 401(k) Plan assets move in 2023?
Pappas Restaurants 401(k) Plan grew sharply - up 21.6% during 2023, from $36M to $44M. Reported net income was $8M.
How have Pappas Restaurants, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pappas Restaurants, Inc.'s sponsor-wide assets grew 40.9%, from $36M to $51M.
Where does Pappas Restaurants 401(k) Plan rank by assets among Form 5500 filers?
Pappas Restaurants 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Pappas Restaurants 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Stratus Unlimited, LLC 401(k) Plan in OH ($44M, 849 participants).

Filing takeaways

Ways to act on Pappas Restaurants 401(k) Plan's numbers.