401(k) · DOL Form 5500 · 2023

Sweetgreen, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
3,199
Participants Above avg headcount
76th
Percentile by assets National rank
$7,486
Avg per participant Low balance/head
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Official DOL plan name: Sweetgreen, Inc. 401(k) Plan · Sponsored by Sweetgreen, Inc. · California · Food Services & Accommodation

$24M in assets, 3,199 participants

Sweetgreen, Inc.'s Sweetgreen, Inc. 401(k) Plan reported $24M in total assets and 3,199 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #3,580 in Food Services & Accommodation (3,828 peers)

Coverage in California

Sweetgreen, Inc. 401(k) Plan covers 3,199 participants in California, 5.1x the typical California plan (state average ~630 per filing). Assets: $24M.

#3,580
in Food Services & Accommodation (3,828 peers)
+35.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Sweetgreen, Inc. 401(k) Plan's outsized position by total assets

Sweetgreen, Inc. 401(k) Plan vs every filed plan by assets

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

$23,947,490 Top 24% higher than 76% 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

Sweetgreen, Inc. 401(k) 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. Sweetgreen, Inc. 401(k) Plan lands in the large band (3,199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sweetgreen, Inc. 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Sweetgreen, Inc. 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Sweetgreen, Inc. 401(k) Plan reported participants rose from 2,828 in the plan year 2022 filing to 3,199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 271159215 · Sweetgreen, Inc. PY 2023 · 401(k)

Sweetgreen, Inc. 401(k) Plan · $24M · 3,199 · 76th

  • PART $24M
  • PART 3,199
  • PART 76th
  • PART 401(k)
  • PART near Ascendum Machinery, Inc. 401(k) Plan
  • PART ind #3580

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 →

Sweetgreen, Inc. 401(k) Plan in the asset neighbourhood

Sweetgreen, Inc. 401(k) Plan$24MAscendum Machinery, Inc. 401(k) PlanAscendum Machinery, Inc. 401…$24MNasba Employee 401(k) Plan$24MMarcal Paper Non-Union 401(k) PlanMarcal Paper Non-Union 401(k…$24MCarrier Process Equipment Group, Inc. 401(k) Plan and TrustCarrier Process Equipment Gr…$24M
End-of-year total assets ($M) among Sweetgreen, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$24M
Net Income$6M
Employer EIN271159215
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sweetgreen, Inc.)

Sponsor-wide plan assets over time

All Sweetgreen, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 68.11129424443166% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $17.7M $29.7M ▲ +68.1%
Year Plans Participants Total Assets
2022 1 2,828 $18M
2023 1 3,199 $24M
2024 1 3,519 $30M

Nearby 401(k) Plans in California

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

Sweetgreen, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Sweetgreen, Inc. 401(k) Plan, Total assets ($B): 0.02394749 · Participants: 3199Sweetgreen, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Sweetgreen, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Sweetgreen, Inc. 401(k) Plan side-by-side with 3 peers →

Sweetgreen, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Ascendum Machinery, Inc. 401(k) Plan in NC ($24M); by covered participants it is Ttai 401(k) Plan in KY (3,199 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,199 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 Sweetgreen, Inc. 401(k) Plan assets move in 2023? ▼
Sweetgreen, Inc. 401(k) Plan surged - up 35.5% during 2023, from $18M to $24M. Reported net income was $6M.
How have Sweetgreen, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sweetgreen, Inc.'s sponsor-wide assets grew 68.1%, from $18M to $30M.
Where does Sweetgreen, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Sweetgreen, Inc. 401(k) Plan ranks in the 76th 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 Sweetgreen, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ascendum Machinery, Inc. 401(k) Plan in NC ($24M, 275 participants).
Which 401(k) plans cover a similar participant headcount to Sweetgreen, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ttai 401(k) Plan in KY (3,199 participants, $77M 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 271159215.

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.