Employers › Wendy’s
Recordkeeping fees per participant · The Wendy's Company 401(k) Retirement Plan · plan year 2024
$52.01
Higher than 53% of the 1,697 plans $250M to 1B that report it.
= $165,143 / 3,175
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013214524NAL0004229426001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013214524NAL0004229426001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$52.11
Higher than 33% of the 2,324 plans $250M to 1B that report it.
= $165,443 / 3,175
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013214524NAL0004229426001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013214524NAL0004229426001, received 2025-10-13
Administrative expenses per participant
$117.74
Higher than 69% of the 2,405 plans $250M to 1B that report it.
= $373,812 / 3,175
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013214524NAL0004229426001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013214524NAL0004229426001, received 2025-10-13
Administrative expenses as a share of assets
0.127%
Higher than 77% of the 2,407 plans $250M to 1B that report it.
= $373,812 / $293,971,776
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013214524NAL0004229426001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013214524NAL0004229426001, received 2025-10-13
Employer contributions per participant
$1,899
Higher than 24% of the 2,457 plans $250M to 1B that report it.
= $6,030,291 / 3,175
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013214524NAL0004229426001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013214524NAL0004229426001, received 2025-10-13
Employer share of total contributions
26.9%
Higher than 36% of the 2,459 plans $250M to 1B that report it.
= $6,030,291 / $22,389,911
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013214524NAL0004229426001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013214524NAL0004229426001, received 2025-10-13
Employer match
“The 401(k) Plan permits employees to contribute up to 75% of their compensation, subject to certain limitations, and provides for matching employee contributions up to 4% of compensation and for discretionary profit sharing contributions.”
Form 10-K filed 2026-02-23, for the year ended 2025-12-28 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-28. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013214524NAL0004229426001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE WENDY'S COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Plan name | THE WENDY'S COMPANY 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Sponsor EIN / plan number | 38-0471180 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Sponsor location | DUBLIN, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Industry (business code) | 722513, Accommodation and food services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Participants, beginning of year | 13,124 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Active participants | 9,652 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Participants, end of year | 10,779 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Participants with an account balance | 3,175 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Total assets, beginning of year | $269,912,318 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Total assets, end of year | $293,971,776 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Net assets, end of year | $293,971,776 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Total income | $59,997,749 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Net income | $24,059,458 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Employer contributions | $6,030,291 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Participant contributions | $11,977,599 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $4,382,021 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Total contributions | $22,389,911 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Benefit payments | $35,207,733 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $35,938,291 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Total administrative expenses | $373,812 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Recordkeeping fees | $165,143 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Investment advisory and management fees | $208,369 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Administrative expenses excluding investment management | $165,443 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Held in common/collective trusts | $124,550,173 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Held in mutual funds | $165,648,583 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013214524NAL0004229426001, received 2025-10-13 |
| Independent auditor | REA & ASSOCIATES, INC. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013214524NAL0004229426001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013214524NAL0004229426001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | 28 Investment management; 26 Investment advisory (participants); 50 Direct payment from the plan | $208,369 | no |
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 59 Shareholder servicing fees | $165,143 | yes |
| QDRO CONSULTANTS COMPANY, LLC | NONE | 99 Other fees; 16 Consulting (general); 50 Direct payment from the plan | $300 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013214524NAL0004229426001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $269,912,318 | $293,971,776 | 8.9% |
| Participants with a balance | 3,204 | 3,175 | -0.9% |
| Administrative expenses | $374,119 | $373,812 | -0.1% |
| Recordkeeping fees per participant | $60.15 | $52.01 | -13.5% |
| Employer contributions | $5,613,033 | $6,030,291 | 7.4% |
Prior filing 20241011090455NAL0012307987001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: THE WENDY'S COMPANY; SEC registrant: Wendy's Co (CIK 30697, matched by EIN; display name from the Form 10-K cover).