401(k) · DOL Form 5500 · 2023

Panda Restaurant Group, Inc. 401(k) Plan

Data updated 2026-08-11

$500M
Total assets
44,486
Participants
97th
Percentile by assets
$11,247
Avg per participant
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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.

  • 97th percentile by assets (of 127,072 plans)
  • #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.

$500M
total plan assets (2023 EOY)
44,486
covered participants
97th
percentile by assets (of 127,072 plans)
$11,247
avg assets per participant

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.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Panda Retirement Plan reports 44,486 participants - 71x that state average ($500M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$398M
Net Assets (End of Year)$500M
Net Income$102M
Employer EIN954065005
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panda Restaurant Group, Inc.)

$300M$400M$500M$600M$700M 202220232024 $398M $610M ▲ +53.1%
Total plan assets by year, all Panda Restaurant Group, Inc. plans on file
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.

Panda Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Panda Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Panda Retirement PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Panda Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Panda Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Panda Retirement Plan assets move in 2023?
Panda Retirement Plan grew sharply - up 25.6% during 2023, from $398M to $500M. Reported net income was $102M.
How have Panda Restaurant Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Panda Restaurant Group, Inc.'s sponsor-wide assets grew 53.1%, from $398M to $610M.
Where does Panda Retirement Plan rank by assets among Form 5500 filers?
Panda Retirement Plan ranks in the 97th 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 Panda Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Western & Southern Financial Group Employee Retirement 401(k) Savings Plan in OH ($500M, 3,012 participants).

Filing takeaways

Ways to act on Panda Retirement Plan's numbers.