401(k) · DOL Form 5500 · 2023

Carrols Corporation 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
2,854
Participants Above avg headcount
89th
Percentile by assets National rank
$26,555
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carrols Corporation Retirement Savings Plan · Sponsored by Carrols Corporation · New York · Food Services & Accommodation

$76M in assets, 2,854 participants

Carrols Corporation's Carrols Corporation Retirement Savings Plan reported $76M in total assets and 2,854 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.

  • #3,717 in Food Services & Accommodation (3,828 peers)

Coverage in New York

Carrols Corporation Retirement Savings Plan covers 2,854 participants in New York, 3.6x the typical New York plan (state average ~798 per filing). Assets: $76M.

#3,717
in Food Services & Accommodation (3,828 peers)
+14.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Carrols Corporation Retirement Savings Plan's outsized position by total assets

Carrols Corporation Retirement Savings Plan vs every filed plan by assets

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

$75,788,759 Top 11% higher than 89% 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

Carrols Corporation Retirement 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. Carrols Corporation Retirement Savings Plan lands in the large band (2,854 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carrols Corporation Retirement Savings Plan reported net income rose from -$9M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Carrols Corporation Retirement Savings Plan reported participants fell from 3,404 in the plan year 2022 filing to 2,854 in the plan year 2023 filing.
  • Carrols Corporation Retirement Savings Plan end-of-year assets rose from $66M in the plan year 2022 filing to $76M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 160958146 · Carrols Corporation PY 2023 · 401(k)

Carrols Corporation Retirement Savings Plan · $76M · 2,854 · 89th

  • PCT $76M
  • PCT 2,854
  • PCT 89th
  • PCT 401(k)
  • PCT near Human Capital Concepts, LLC 401(k) Savings Plan
  • PCT ind #3717

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 New York →

Carrols Corporation Retirement Savings Plan in the asset neighbourhood

Deferred Savings Plan of the Penske CorporationDeferred Savings Plan of the…$76MCarrols Corporation Retirement Savings PlanCarrols Corporation Retireme…$76MHuman Capital Concepts, LLC 401(k) Savings PlanHuman Capital Concepts, LLC …$76MKemper Cpa Group LLP Employees Profit Sharing PlanKemper Cpa Group LLP Employe…$76MCbl & Associates Management, Inc. 401(k) Profit Sharing PlanCbl & Associates Management,…$76M
End-of-year total assets ($M) among Carrols Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$76M
Net Income$9M
Employer EIN160958146
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carrols Corporation)

Sponsor-wide plan assets over time

All Carrols Corporation plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$50M$100M 202220232024 $66.5M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 3,404 $66M
2023 1 2,854 $76M
2024 1 3,033 N/A

Nearby 401(k) Plans in New York

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

Carrols Corporation Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Carrols Corporation Retirement Savings Plan, Total assets ($B): 0.075788759 · Participants: 2854Carrols Corporation Retirement Savings PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Carrols Corporation Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Carrols Corporation Retirement Savings Plan side-by-side with 3 peers →

Carrols Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Human Capital Concepts, LLC 401(k) Savings Plan in IN ($76M); by covered participants it is Sutter Health 401(k) Savings Plan in CA (2,853 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,854 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 Carrols Corporation Retirement Savings Plan assets move in 2023? ▼
Carrols Corporation Retirement Savings Plan grew at a solid clip - up 14.0% during 2023, from $66M to $76M. Reported net income was $9M.
Where does Carrols Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Carrols Corporation Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Carrols Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Human Capital Concepts, LLC 401(k) Savings Plan in IN ($76M, 2,390 participants).
Which 401(k) plans cover a similar participant headcount to Carrols Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sutter Health 401(k) Savings Plan in CA (2,853 participants, $167M 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 160958146.

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.