401(k) · DOL Form 5500 · 2024
Raising Cane's USA, LLC 401(k) Plan
Data updated 2026-08-25
- $108M
- Total assets Near avg plan size
- 21,289
- Participants Very large workforce
- 91st
- Percentile by assets National rank
- $5,090
- Avg per participant Low balance/head
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.
- #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.
- #3,584
- in Food Services & Accommodation (3,672 peers)
- +40.4%
- assets growth YoY
- 1.1×
- vs typical plan assets (national mean)
Raising Cane's Retirement Savings Plan's outsized position 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Raising Cane's Retirement Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Raising Cane's Retirement Savings Plan is a mega filing (21,289 participants), the rightmost band on the breakdown.
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.
Form 5500 schedule snapshot
Filing strip 721464965 · Raising Cane's USA, LLC PY 2024 · 401(k)
Raising Cane's Retirement Savings Plan · $108M · 21,289 · 91st
- BOOK $108M
- BOOK 21,289
- BOOK 91st
- BOOK 401(k)
- BOOK near Wenger Corporation Retirement Savings Plan
- BOOK ind #3584
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 Texas →
Raising Cane's Retirement Savings Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $77M |
|---|---|
| Net Assets (End of Year) | $108M |
| Net Income | $31M |
| Employer EIN | 721464965 |
| Plan Effective Date | 2007-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Raising Cane's USA, LLC)
Sponsor-wide plan assets over time
All Raising Cane's USA, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $108M 117.78439470112112% vs 2022
- 2024 filing year
| 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.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
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 |
Raising Cane's Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Wenger Corporation Retirement Savings Plan in MN ($108M); by covered participants it is Fidelity National Information Services, Inc. 401(k) Profit Sharing Plan in FL (21,289 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($108M here).
- Wenger Corporation Retirement Savings Plan (MN) $108M · 550
- American Well Corporation 401(k) Plan (MA) $108M · 1,047
- Beacon Mutual Insurance Company 401(k) Plan (RI) $108M · 157
- R J. O'brien & Associates, LLC Profit Sharing and Savings Plan (IL) $108M · 373
Similar participant headcount
Nearest other-state filings by covered participants (21,289 participants); asset peers above are excluded.
- Fidelity National Information Services, Inc. 401(k) Profit Sharing Plan (FL) 21,289 · 0 off
- Bath & Body Works, Inc. 401(k) Savings and Retirement Plan (OH) 21,265 · 24 off
- Ubs 401(k) Plan Trust (NJ) 21,350 · 61 off
- International Paper Company Hourly Savings Plan (TN) 21,162 · 127 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.