401(k) · DOL Form 5500 · 2023

Whataburger Restaurants LLC 401(k) Plan

Data updated 2026-08-11

$236M
Total assets
36,109
Participants
95th
Percentile by assets
$6,529
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Whataburger 401(k) Savings Plan · Sponsored by Whataburger Restaurants LLC · Texas · Food Services & Accommodation

$236M in assets, 36,109 participants

Whataburger Restaurants LLC's Whataburger 401(k) Savings Plan reported $236M in total assets and 36,109 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #3,783 in Food Services & Accommodation (3,828 peers)

Coverage in Texas

Whataburger 401(k) Savings Plan covers 36,109 participants in Texas, 53x the typical Texas plan (state average ~688 per filing). Assets: $236M.

$236M
total plan assets (2023 EOY)
36,109
covered participants
95th
percentile by assets (of 127,072 plans)
$6,529
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Whataburger 401(k) Savings Plan reported net income rose from -$60M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Whataburger 401(k) Savings Plan end-of-year assets rose from $215M in the plan year 2022 filing to $236M in the plan year 2023 filing.
  • Whataburger 401(k) Savings Plan reported participants fell from 36,855 in the plan year 2022 filing to 36,109 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. Whataburger 401(k) Savings Plan reports 36,109 participants - 53x that state average ($236M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$215M
Net Assets (End of Year)$236M
Net Income$21M
Employer EIN301199687
Plan Effective Date1971-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Whataburger Restaurants LLC)

$200M$220M$240M$260M$280M 202220232024 $215M $262M ▲ +21.9%
Total plan assets by year, all Whataburger Restaurants LLC plans on file
Year Plans Participants Total Assets
2022 1 36,855 $215M
2023 1 36,109 $236M
2024 1 38,324 $262M

Nearby 401(k) Plans in Texas

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

Whataburger 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Whataburger 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Whataburger 401(k) S…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Whataburger 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Whataburger 401(k) Savings Plan

Whataburger 401(k) Savings Plan reports $236M in end-of-year assets across 36,109 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.038% of 93,925,755 covered participants) - about $6,529 per participant (5% of the national average assets-per-participant) . Net income for plan year 2023 was $21M.

This plan identity (EIN 301199687, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $215M to $262M (+21.9%) while covered participants moved from 36,855 to 38,324 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 36,855 $215M Open filing
2023 36,109 $236M This page
2024 · index core 38,324 $262M 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 Whataburger 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Whataburger 401(k) Savings Plan assets move in 2023?
Whataburger 401(k) Savings Plan grew at a solid clip - up 9.7% during 2023, from $215M to $236M. Reported net income was $21M.
How have Whataburger Restaurants LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Whataburger Restaurants LLC's sponsor-wide assets grew 21.9%, from $215M to $262M.
Where does Whataburger 401(k) Savings Plan rank by assets among Form 5500 filers?
Whataburger 401(k) Savings Plan ranks in the 95th 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 Whataburger 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Moran Towing Corporation 401(k) Plan in CT ($236M, 803 participants).

Filing takeaways

Ways to act on Whataburger 401(k) Savings Plan's numbers.