401(k) · DOL Form 5500 · 2023
Panda Restaurant Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $500M
- Total assets Above avg plan size
- 44,486
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $11,247
- Avg per participant Low balance/head
Official DOL plan name: Panda Retirement Plan · Sponsored by Panda Restaurant Group, Inc. · California · Food Services & Accommodation
$500M in assets, 44,486 participants
Panda Restaurant Group, Inc.'s Panda Retirement Plan reported $500M in total assets and 44,486 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #3,808 in Food Services & Accommodation (3,828 peers)
Coverage in California
Panda Retirement Plan covers 44,486 participants in California, 71x the typical California plan (state average ~630 per filing). Assets: $500M.
- #3,808
- in Food Services & Accommodation (3,828 peers)
- +25.6%
- assets growth YoY
- 5.0×
- vs typical plan assets (national mean)
Panda Retirement Plan's outsized position by total assets
Panda Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$500,345,904 Top 3% higher than 97% 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
Panda Retirement 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. Panda Retirement Plan is a mega filing (44,486 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Panda Retirement Plan reported net income rose from -$54M in the plan year 2022 filing to $102M in the plan year 2023 filing.
- Panda Retirement Plan reported participants rose from 34,033 in the plan year 2022 filing to 44,486 in the plan year 2023 filing.
- Panda Retirement Plan end-of-year assets rose from $398M in the plan year 2022 filing to $500M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 954065005 · Panda Restaurant Group, Inc. PY 2023 · 401(k)
Panda Retirement Plan · $500M · 44,486 · 97th
- 5500 $500M
- 5500 44,486
- 5500 97th
- 5500 401(k)
- 5500 near Western & Southern Financial Group Employee Retirement 401(k) Savings Plan
- 5500 ind #3808
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 California →
Panda Retirement Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $398M |
|---|---|
| Net Assets (End of Year) | $500M |
| Net Income | $102M |
| Employer EIN | 954065005 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Panda Restaurant Group, Inc.)
Sponsor-wide plan assets over time
All Panda Restaurant Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $610M 53.13104177850553% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 34,033 | $398M |
| 2023 | 1 | 44,486 | $500M |
| 2024 | 1 | 47,481 | $610M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Scale composition for Panda Retirement Plan
Panda Retirement Plan reports $500M in end-of-year assets across 44,486 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.047% of 93,925,755 covered participants) - about $11,247 per participant (8% of the national average assets-per-participant) . Net income for plan year 2023 was $102M.
This plan identity (EIN 954065005, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $398M to $610M (+53.1%) while covered participants moved from 34,033 to 47,481 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 34,033 | $398M | Open filing |
| 2023 | 44,486 | $500M | This page |
| 2024 · index core | 47,481 | $610M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Panda Retirement Plan (401(k), $610M, 47,481 participants)
Panda Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Western & Southern Financial Group Employee Retirement 401(k) Savings Plan in OH ($500M); by covered participants it is Medtronic Savings and Investment Plan in MN (44,342 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($500M here).
- Western & Southern Financial Group Employee Retirement 401(k) Savings Plan (OH) $500M · 3,012
- Johnson and Johnson Retirement Savings Plan (NJ) $500M · 4,990
- Skanska Retirement Plan Plus (NY) $501M · 1,039
- Hcc Insurance Holdings, Inc. 401(k) Plan (TX) $501M · 2,584
Similar participant headcount
Nearest other-state filings by covered participants (44,486 participants); asset peers above are excluded.
- Medtronic Savings and Investment Plan (MN) 44,342 · 144 off
- Cox Enterprises, Inc. 401(k) Plan (GA) 44,853 · 367 off
- Northwell Health 401(k) Plan (NY) 45,191 · 705 off
- Lifepoint Health, Inc. Retirement Plan (TN) 45,359 · 873 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.