401(k) · DOL Form 5500 · 2023

The Wendy's Company 401(k) Plan

Data updated 2026-08-25

$270M
Total assets Near avg plan size
8,373
Participants Very large workforce
96th
Percentile by assets National rank
$32,236
Avg per participant Low balance/head
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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.

  • #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.

#3,791
in Food Services & Accommodation (3,828 peers)
+8.8%
assets growth YoY
2.7×
vs typical plan assets (national mean)

The Wendy's Company 401(k) Retirement Plan's outsized position by total assets

The Wendy's Company 401(k) Retirement Plan vs every filed plan by assets

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

$269,912,318 Top 4% higher than 96% 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 Wendy's Company 401(k) Retirement 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 Wendy's Company 401(k) Retirement Plan lands in the large band (8,373 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 380471180 · The Wendy's Company PY 2023 · 401(k)

The Wendy's Company 401(k) Retirement Plan · $270M · 8,373 · 96th

  • EBSA $270M
  • EBSA 8,373
  • EBSA 96th
  • EBSA 401(k)
  • EBSA near Apex Tool Group, LLC 401(k) Savings Plan
  • EBSA ind #3791

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 Ohio →

The Wendy's Company 401(k) Retirement Plan in the asset neighbourhood

Rockland Trust Co Ee Savings Ps and Stock Ownership PlanRockland Trust Co Ee Savings…$270MToyota Tsusho America, Inc. Savings and Investment Retirement PlanToyota Tsusho America, Inc. …$270MThe Wendy's Company 401(k) Retirement PlanThe Wendy's Company 401(k) R…$270MApex Tool Group, LLC 401(k) Savings PlanApex Tool Group, LLC 401(k) …$270MBoston Properties Retirement Savings PlanBoston Properties Retirement…$270M
End-of-year total assets ($M) among The Wendy's Company 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$248M
Net Assets (End of Year)$270M
Net Income$22M
Employer EIN380471180
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Wendy's Company)

Sponsor-wide plan assets over time

All The Wendy's Company plans reported in each filing year

Latest sponsor-wide plan assets
$294M 18.478310481207046% vs 2022
2024 filing year
$240M$260M$280M$300M 202220232024 $248M $294M ▲ +18.5%
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 Scatter plot of 6 data points. 050000100000150000 -50510152025 Total assets ($B) Participants The Wendy's Company 401(k) Retirement Plan, Total assets ($B): 0.269912318 · Participants: 8373The Wendy's Company 401(k) Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
The Wendy's Company 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The Wendy's Company 401(k) Retirement Plan side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Apex Tool Group, LLC 401(k) Savings Plan in MD ($270M); by covered participants it is Bertelsmann 401(k) Savings Plan in NY (8,368 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,373 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 Wendy's Company 401(k) Retirement Plan assets move in 2023? ▼
The Wendy's Company 401(k) Retirement Plan grew at a solid clip - up 8.8% during 2023, from $248M to $270M. Reported net income was $22M.
How have The Wendy's Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Wendy's Company's sponsor-wide assets grew 18.5%, from $248M to $294M.
Where does The Wendy's Company 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
The Wendy's Company 401(k) Retirement 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 The Wendy's Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apex Tool Group, LLC 401(k) Savings Plan in MD ($270M, 1,396 participants).
Which 401(k) plans cover a similar participant headcount to The Wendy's Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bertelsmann 401(k) Savings Plan in NY (8,368 participants, $1.8B 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 380471180.

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.