401(k) · DOL Form 5500 · 2024

Panda Restaurant Group, Inc. 401(k) Plan

Data updated 2026-08-11

$610M
Total assets
47,481
Participants
98th
Percentile by assets
$12,843
Avg per participant
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Official DOL plan name: Panda Retirement Plan · Sponsored by Panda Restaurant Group, Inc. · California · Food Services & Accommodation

$610M in assets, 47,481 participants

Panda Restaurant Group, Inc.'s Panda Retirement Plan reported $610M in total assets and 47,481 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #3,651 in Food Services & Accommodation (3,672 peers)

Coverage in California

Panda Retirement Plan covers 47,481 participants in California, 75x the typical California plan (state average ~630 per filing). Assets: $610M.

$610M
total plan assets (2024 EOY)
47,481
covered participants
98th
percentile by assets (of 123,622 plans)
$12,843
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Panda Retirement Plan end-of-year assets rose from $500M in the plan year 2023 filing to $610M in the plan year 2024 filing.
  • Panda Retirement Plan reported net income rose from $102M in the plan year 2023 filing to $109M in the plan year 2024 filing.
  • Panda Retirement Plan reported participants rose from 44,486 in the plan year 2023 filing to 47,481 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Panda Retirement Plan reports 47,481 participants - 75x that state average ($610M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$500M
Net Assets (End of Year)$610M
Net Income$109M
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. 20000400006000080000100000120000140000 -200204060 Total assets ($B) Participants Panda Retirement PlanGoogle LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Panda Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Panda Retirement Plan

Panda Retirement Plan reports $610M in end-of-year assets across 47,481 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.051% of 93,925,755 covered participants) - about $12,843 per participant (9% of the national average assets-per-participant) . Net income for plan year 2024 was $109M.

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 Open filing
2024 · index core 47,481 $610M This page

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 2024?
Panda Retirement Plan grew sharply - up 21.9% during 2024, from $500M to $610M. Reported net income was $109M.
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 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Adtalem Global Education Retirement Plan in IL ($610M, 4,473 participants).

Filing takeaways

Ways to act on Panda Retirement Plan's numbers.