401(k) · DOL Form 5500 · 2024

Raising Cane's USA, LLC 401(k) Plan

Data updated 2026-08-11

$108M
Total assets
21,289
Participants
91st
Percentile by assets
$5,090
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Raising Cane's Retirement Savings Plan · Sponsored by Raising Cane's USA, LLC · Texas · Food Services & Accommodation

$108M in assets, 21,289 participants

Raising Cane's USA, LLC's Raising Cane's Retirement Savings Plan reported $108M in total assets and 21,289 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #3,584 in Food Services & Accommodation (3,672 peers)

Coverage in Texas

Raising Cane's Retirement Savings Plan covers 21,289 participants in Texas, 31x the typical Texas plan (state average ~688 per filing). Assets: $108M.

$108M
total plan assets (2024 EOY)
21,289
covered participants
91st
percentile by assets (of 123,622 plans)
$5,090
avg assets per participant

Where Raising Cane's Retirement Savings Plan sits by total assets

Raising Cane's Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$108,353,316 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Raising Cane's Retirement Savings Plan end-of-year assets rose from $77M in the plan year 2023 filing to $108M in the plan year 2024 filing.
  • Raising Cane's Retirement Savings Plan reported participants rose from 18,216 in the plan year 2023 filing to 21,289 in the plan year 2024 filing.
  • Raising Cane's Retirement Savings Plan reported net income rose from $27M in the plan year 2023 filing to $31M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Texas
Industry
Food Services & Accommodation

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Raising Cane's Retirement Savings Plan reports 21,289 participants - 31x that state average ($108M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$108M
Net Income$31M
Employer EIN721464965
Plan Effective Date2007-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Raising Cane's USA, LLC)

$40M$60M$80M$100M$120M 202220232024 $49.8M $108M ▲ +117.8%
Total plan assets by year, all Raising Cane's USA, LLC plans on file
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.

Raising Cane's Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 -1001020304050 Total assets ($B) Participants Raising Cane's Retir…, Total assets ($B): 0.108353316 · Participants: 21289Raising Cane's Retir…AT&T Retirement Savi…, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings P…Chevron Employee Sav…, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Sav…Caterpillar 401(k) S…, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) S…Southwest Airlines C…, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines C…
Raising Cane's Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Raising Cane's Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Raising Cane's Retirement Savings Plan

Raising Cane's Retirement Savings Plan reports $108M in end-of-year assets across 21,289 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $5,090 per participant (4% of the national average assets-per-participant) . Net income for plan year 2024 was $31M.

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 Open filing
2024 · index core 21,289 $108M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Raising Cane's Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Raising Cane's Retirement Savings Plan assets move in 2024? ▼
Raising Cane's Retirement Savings Plan surged - up 40.4% during 2024, from $77M to $108M. Reported net income was $31M.
How have Raising Cane's USA, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Raising Cane's USA, LLC's sponsor-wide assets grew 117.8%, from $50M to $108M.
Where does Raising Cane's Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Raising Cane's Retirement Savings Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Raising Cane's Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wenger Corporation Retirement Savings Plan in MN ($108M, 550 participants).

Next read for Raising Cane's Retirement Savings Plan

Filing takeaways

Ways to act on Raising Cane's Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 721464965.

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.