Raising Cane's USA 401(k) match, vesting and fees
What Raising Cane's USA's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Whitley Penn LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 166 defined-contribution plans in accommodation and food services with 1,000 to 4,999 participants.
| Raising Cane's USA: employer contribution per participant | $2,525 | |
| Peer median | $785 |
| Raising Cane's USA: average balance | $29,670 | |
| Peer median | $30,242 |
| Raising Cane's USA: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.37% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $77.2M at the end of plan year 2023 to $108M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 26,166 | $108M | $9.2M | $2,525 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 21,783 | $77.2M | $4.5M | $1,528 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does Raising Cane's USA match 401(k) contributions?
The match terms for the Raising Cane'S Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $9.2M in employer contributions, about $2,525 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Raising Cane's USA 401(k) match vested?
The vesting schedule for the Raising Cane'S Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Raising Cane's USA 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Raising Cane'S USA, LLC.
I left Raising Cane's USA. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Raising Cane'S USA, LLC, (713) 922-2313) or the recordkeeper, T Rowe Price Rps Inc. The Raising Cane's USA old 401(k) page lists the contacts from every plan filing. Find an old Raising Cane's USA 401(k)
Data from the public Form 5500 annual reports Raising Cane's USA filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Raising Cane's USA. Not financial advice. Report a correction · Methodology