401(k) · DOL Form 5500 · 2023

Steak N Shake Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
4,010
Participants Above avg headcount
69th
Percentile by assets National rank
$4,136
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Steak 'n Shake 401(k) Savings Plan · Sponsored by Steak N Shake Inc. · Indiana · Food Services & Accommodation

$17M in assets, 4,010 participants

Steak N Shake Inc.'s The Steak 'n Shake 401(k) Savings Plan reported $17M in total assets and 4,010 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #3,489 in Food Services & Accommodation (3,828 peers)

Coverage in Indiana

The Steak 'n Shake 401(k) Savings Plan covers 4,010 participants in Indiana, 7.4x the typical Indiana plan (state average ~541 per filing). Assets: $17M.

#3,489
in Food Services & Accommodation (3,828 peers)
+9.4%
assets growth YoY

The Steak 'n Shake 401(k) Savings Plan's outsized position by total assets

The Steak 'n Shake 401(k) Savings Plan vs every filed plan by assets

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

$16,587,264 Top 31% higher than 69% of 127,068 filed plans

This plan $0 $2,050,000,000 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

The Steak 'n Shake 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Steak 'n Shake 401(k) Savings Plan lands in the large band (4,010 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Steak 'n Shake 401(k) Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • The Steak 'n Shake 401(k) Savings Plan end-of-year assets rose from $15M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • The Steak 'n Shake 401(k) Savings Plan reported participants fell from 4,337 in the plan year 2022 filing to 4,010 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 351604308 · Steak N Shake Inc. PY 2023 · 401(k)

The Steak 'n Shake 401(k) Savings Plan · $17M · 4,010 · 69th

  • EBSA $17M
  • PART 4,010
  • TYPE 69th
  • NET 401(k)
  • BOOK near Glasgow, Inc. 401(k) Plan
  • VS-ST ind #3489

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Food Services & Accommodation retirement plans → · Plans in Indiana →

The Steak 'n Shake 401(k) Savings Plan in the asset neighbourhood

The Steak 'n Shake 401(k) Savings PlanThe Steak 'n Shake 401(k) Sa…$17MGlasgow, Inc. 401(k) Plan$17MT.F. Warren Group Retirement Savings PlanT.F. Warren Group Retirement…$17MChristy Sports LLC 401(k) Profit Sharing PlanChristy Sports LLC 401(k) Pr…$17MRecycling and General Industrial Union Local 108 Annuity FundRecycling and General Indust…$17M
End-of-year total assets ($M) among The Steak 'n Shake 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$1M
Employer EIN351604308
Plan Effective Date1953-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Steak N Shake Inc.)

Sponsor-wide plan assets over time

All Steak N Shake Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 15.448280865841413% vs 2022
2024 filing year
$14M$15M$16M$17M$18M 202220232024 $15.2M $17.5M ▲ +15.4%
Year Plans Participants Total Assets
2022 1 4,337 $15M
2023 1 4,010 $17M
2024 1 1,134 $18M

Nearby 401(k) Plans in Indiana

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

The Steak 'n Shake 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -5051015 Total assets ($B) Participants The Steak 'n Shake 401(k) Savings Plan, Total assets ($B): 0.016587264 · Participants: 4010The Steak 'n Shake 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
The Steak 'n Shake 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare The Steak 'n Shake 401(k) Savings Plan side-by-side with 3 peers →

The Steak 'n Shake 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Glasgow, Inc. 401(k) Plan in PA ($17M); by covered participants it is Hawaiian Airlines, Inc. 401(k) Savings Plan in HI (4,009 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,010 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Steak 'n Shake 401(k) Savings Plan assets move in 2023? ▼
The Steak 'n Shake 401(k) Savings Plan grew at a solid clip - up 9.4% during 2023, from $15M to $17M. Reported net income was $1M.
How have Steak N Shake Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steak N Shake Inc.'s sponsor-wide assets grew 15.4%, from $15M to $18M.
Which 401(k) plans are similar in size to The Steak 'n Shake 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Glasgow, Inc. 401(k) Plan in PA ($17M, 115 participants).
Which 401(k) plans cover a similar participant headcount to The Steak 'n Shake 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hawaiian Airlines, Inc. 401(k) Savings Plan in HI (4,009 participants, $467M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351604308.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.