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
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
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.
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 EIN | 721464965 |
| Plan Effective Date | 2007-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Raising Cane's USA, LLC)
| 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
- 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 |
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.
- 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
Frequently Asked Questions
How did Raising Cane's Retirement Savings Plan assets move in 2024? ▼
How have Raising Cane's USA, LLC plan assets changed over time? ▼
Where does Raising Cane's Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Raising Cane's Retirement Savings Plan
Filing takeaways
Ways to act on Raising Cane's Retirement Savings Plan's numbers.
- By total assets, Raising Cane's Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Raising Cane's USA, LLC's sponsor-wide assets have grown 117.8% since 2022 across 3 plan years on file. More Food Services & Accommodation plans