Plan Ledger DOL Form 5500 · updated monthly

Darden Restaurants, Inc.401(k)

DARDEN SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Darden Restaurants, Inc. reported $1,621,511 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $222 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.14% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 28th-largest of 3,644 plans among Florida employers on file, and the 7th of 2,240 in accommodation & food services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 173,993 to 197,946 since 2022.

Plan summary
Net assets, end of year$1,585,175,658
Participants with balances43,129
Active participants197,946
Employer contributions$44,015,238
Employee contributions$90,674,837
Employer contribution per active participant$222
Average account balance$36,754
Benefits paid to participants$147,459,723
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 43,129 accts · $44.0M emplr
2023$1.4B · 41,299 accts · $54.8M emplr
2022$1.2B · 38,984 accts · $45.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,279,765
Investment management$316,496
Audit (IQPA)$25,250
Total administrative$1,621,511
The Darden Restaurants, Inc. 401(k) match · 2024
Employer contribution per active participant$222
Median for plans this size$5,259
2024$222 per active participant
2023$302 per active participant
2022$261 per active participant

Darden Restaurants, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,723,890
THOMSON REUTERS - WEST · Contract administrator · Investment advisory (plan)$34,314
REHMANN · Accounting / audit$25,250

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,621,511 · 0.11%
2023$1,495,290 · 0.12%
2022$1,548,310 · 0.14%
Same employer
Similar plansAccommodation & Food Services · Florida
Hyatt Corporation IL$2.5B · 0.05%
Compass Group USA, Inc. NC$2.5B · 0.22%
Sodexo, Inc. MD$2.4B · 0.33%
Chick-Fil-A, Inc. GA$1.1B · 0.02%
Yum Brands, Inc. KY$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593305930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.