401(k) · DOL Form 5500 · 2023
Raising Cane's USA, LLC 401(k) Plan
Data updated 2026-08-25
- $77M
- Total assets Below avg plan size
- 18,216
- Participants Very large workforce
- 89th
- Percentile by assets National rank
- $4,235
- Avg per participant Low balance/head
Official DOL plan name: Raising Cane's Retirement Savings Plan · Sponsored by Raising Cane's USA, LLC · Texas · Food Services & Accommodation
$77M in assets, 18,216 participants
Raising Cane's USA, LLC's Raising Cane's Retirement Savings Plan reported $77M in total assets and 18,216 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #3,720 in Food Services & Accommodation (3,828 peers)
Coverage in Texas
Raising Cane's Retirement Savings Plan covers 18,216 participants in Texas, 26x the typical Texas plan (state average ~688 per filing). Assets: $77M.
- #3,720
- in Food Services & Accommodation (3,828 peers)
- +55.1%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
Raising Cane's Retirement Savings Plan's outsized position by total assets
Raising Cane's Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$77,152,658 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Raising Cane's Retirement Savings Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Raising Cane's Retirement Savings Plan is a mega filing (18,216 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Raising Cane's Retirement Savings Plan reported net income rose from $5M in the plan year 2022 filing to $27M in the plan year 2023 filing.
- Raising Cane's Retirement Savings Plan end-of-year assets rose from $50M in the plan year 2022 filing to $77M in the plan year 2023 filing.
- Raising Cane's Retirement Savings Plan reported participants fell from 18,330 in the plan year 2022 filing to 18,216 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 721464965 · Raising Cane's USA, LLC PY 2023 · 401(k)
Raising Cane's Retirement Savings Plan · $77M · 18,216 · 89th
- EIN $77M
- EIN 18,216
- EIN 89th
- EIN 401(k)
- EIN near Baxter & Woodman 401(k) Retirement Savings Plan
- EIN ind #3720
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 Texas →
Raising Cane's Retirement Savings Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $50M |
|---|---|
| Net Assets (End of Year) | $77M |
| Net Income | $27M |
| Employer EIN | 721464965 |
| Plan Effective Date | 2007-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Raising Cane's USA, LLC)
Sponsor-wide plan assets over time
All Raising Cane's USA, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $108M 117.78439470112112% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 18,330 | $50M |
| 2023 | 1 | 18,216 | $77M |
| 2024 | 1 | 21,289 | $108M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Scale composition for Raising Cane's Retirement Savings Plan
Raising Cane's Retirement Savings Plan reports $77M in end-of-year assets across 18,216 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $4,235 per participant (3% of the national average assets-per-participant) . Net income for plan year 2023 was $27M.
This plan identity (EIN 721464965, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $50M to $108M (+117.8%) while covered participants moved from 18,330 to 21,289 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 18,330 | $50M | Open filing |
| 2023 | 18,216 | $77M | This page |
| 2024 · index core | 21,289 | $108M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Raising Cane's Retirement Savings Plan (401(k), $108M, 21,289 participants)
Raising Cane's Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Baxter & Woodman 401(k) Retirement Savings Plan in IL ($77M); by covered participants it is Vf 401(k) Savings Plan in NC (18,217 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($77M here).
Similar participant headcount
Nearest other-state filings by covered participants (18,216 participants); asset peers above are excluded.
- Vf 401(k) Savings Plan (NC) 18,217 · 1 off
- The Vanguard Retirement and Savings Plan (PA) 18,200 · 16 off
- Ecolab Savings Plan and ESOP (MN) 18,246 · 30 off
- Trane Technologies Employee Savings Plan (Esp) (NC) 18,144 · 72 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.