401(k) · DOL Form 5500 · 2023
The Wendy's Company 401(k) Plan
Data updated 2026-08-11
- $270M
- Total assets
- 8,373
- Participants
- 96th
- Percentile by assets
- $32,236
- Avg per participant
Official DOL plan name: The Wendy's Company 401(k) Retirement Plan · Sponsored by The Wendy's Company · Ohio · Food Services & Accommodation
$270M in assets, 8,373 participants
The Wendy's Company's The Wendy's Company 401(k) Retirement Plan reported $270M in total assets and 8,373 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)
- #3,791 in Food Services & Accommodation (3,828 peers)
Coverage in Ohio
The Wendy's Company 401(k) Retirement Plan covers 8,373 participants in Ohio, 11x the typical Ohio plan (state average ~765 per filing). Assets: $270M.
- $270M
- total plan assets (2023 EOY)
- 8,373
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $32,236
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Wendy's Company 401(k) Retirement Plan reported net income rose from -$57M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- The Wendy's Company 401(k) Retirement Plan reported participants rose from 6,230 in the plan year 2022 filing to 8,373 in the plan year 2023 filing.
- The Wendy's Company 401(k) Retirement Plan end-of-year assets rose from $248M in the plan year 2022 filing to $270M in the plan year 2023 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The Wendy's Company 401(k) Retirement Plan reports 8,373 participants - 11x that state average ($270M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $248M |
|---|---|
| Net Assets (End of Year) | $270M |
| Net Income | $22M |
| Employer EIN | 380471180 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Wendy's Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,230 | $248M |
| 2023 | 1 | 8,373 | $270M |
| 2024 | 1 | 11,881 | $294M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Wendy's Company 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
Scale composition for The Wendy's Company 401(k) Retirement Plan
The Wendy's Company 401(k) Retirement Plan reports $270M in end-of-year assets across 8,373 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $32,236 per participant (23% of the national average assets-per-participant) . Net income for plan year 2023 was $22M.
This plan identity (EIN 380471180, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $248M to $294M (+18.5%) while covered participants moved from 6,230 to 11,881 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,230 | $248M | Open filing |
| 2023 | 8,373 | $270M | This page |
| 2024 · index core | 11,881 | $294M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The Wendy's Company 401(k) Retirement Plan (401(k), $294M, 11,881 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Wendy's Company 401(k) Retirement Plan by total assets, not by location.
- Apex Tool Group, LLC 401(k) Savings Plan (MD) $270M · 1,396
- Boston Properties Retirement Savings Plan (MA) $270M · 688
- Toyota Tsusho America, Inc. Savings and Investment Retirement Plan (NY) $270M · 1,618
- Rockland Trust Co Ee Savings Ps and Stock Ownership Plan (MA) $270M · 1,768
Frequently Asked Questions
How did The Wendy's Company 401(k) Retirement Plan assets move in 2023? ▼
How have The Wendy's Company plan assets changed over time? ▼
Where does The Wendy's Company 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on The Wendy's Company 401(k) Retirement Plan's numbers.
- By total assets, The Wendy's Company 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- The Wendy's Company's sponsor-wide assets have grown 18.5% since 2022 across 3 plan years on file. More Food Services & Accommodation plans