401(k) · DOL Form 5500 · 2023

Panera Bread Company 401(k) Plan

Data updated 2026-08-11

$251M
Total assets
28,803
Participants
96th
Percentile by assets
$8,708
Avg per participant
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Official DOL plan name: Panera Bread Company 401(k) Retirement Savings Plan · Sponsored by Panera Bread Company · Missouri · Food Services & Accommodation

$251M in assets, 28,803 participants

Panera Bread Company's Panera Bread Company 401(k) Retirement Savings Plan reported $251M in total assets and 28,803 participants in its 2023 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 127,072 plans)
  • #3,786 in Food Services & Accommodation (3,828 peers)

Coverage in Missouri

Panera Bread Company 401(k) Retirement Savings Plan covers 28,803 participants in Missouri, 39x the typical Missouri plan (state average ~737 per filing). Assets: $251M.

$251M
total plan assets (2023 EOY)
28,803
covered participants
96th
percentile by assets (of 127,072 plans)
$8,708
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Panera Bread Company 401(k) Retirement Savings Plan reported net income rose from -$24M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Panera Bread Company 401(k) Retirement Savings Plan end-of-year assets rose from $200M in the plan year 2022 filing to $251M in the plan year 2023 filing.
  • Panera Bread Company 401(k) Retirement Savings Plan reported participants fell from 29,184 in the plan year 2022 filing to 28,803 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Missouri filers

In Missouri, the average filing covers about 737 participants across 2,297 plans. Panera Bread Company 401(k) Retirement Savings Plan reports 28,803 participants - 39x that state average ($251M EOY assets).

Missouri filing particulars

Total Assets (Beginning of Year)$200M
Net Assets (End of Year)$251M
Net Income$50M
Employer EIN042723701
Plan Effective Date1999-05-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Panera Bread Company)

$150M$200M$250M$300M 202220232024 $200M $285M ▲ +42.3%
Total plan assets by year, all Panera Bread Company plans on file
Year Plans Participants Total Assets
2022 1 29,184 $200M
2023 1 28,803 $251M
2024 1 28,197 $285M

Nearby 401(k) Plans in Missouri

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

Panera Bread Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Missouri, assets vs. participants

Panera Bread Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Missouri, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -5051015 Total assets ($B) Participants Panera Bread Company…Edward D. Jones & Co…Bayer Corporation Sa…Enterprise Holdings …Centene Management C…Emerson Electric Com…
Panera Bread Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Missouri, assets vs. participants

Scale composition for Panera Bread Company 401(k) Retirement Savings Plan

Panera Bread Company 401(k) Retirement Savings Plan reports $251M in end-of-year assets across 28,803 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.031% of 93,925,755 covered participants) - about $8,708 per participant (6% of the national average assets-per-participant) . Net income for plan year 2023 was $50M.

This plan identity (EIN 042723701, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $200M to $285M (+42.3%) while covered participants moved from 29,184 to 28,197 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 29,184 $200M Open filing
2023 28,803 $251M This page
2024 · index core 28,197 $285M 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 Panera Bread Company 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Panera Bread Company 401(k) Retirement Savings Plan assets move in 2023?
Panera Bread Company 401(k) Retirement Savings Plan grew sharply - up 25.2% during 2023, from $200M to $251M. Reported net income was $50M.
How have Panera Bread Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Panera Bread Company's sponsor-wide assets grew 42.3%, from $200M to $285M.
Where does Panera Bread Company 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Panera Bread Company 401(k) Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Panera Bread Company 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Acadia Healthcare Company, Inc. 401(k) Plan in TN ($251M, 21,547 participants).

Next read for Panera Bread Company 401(k) Retirement S…

Filing takeaways

Ways to act on Panera Bread Company 401(k) Retirement Savings Plan's numbers.