Panda Restaurant Group, Inc. 401(k) Review & Grade
Panda Retirement Plan
Rosemead, CAAccommodation & Food Services51,854 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$393Employer $ per active participant
$902Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$609.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity25.0 / 5050th percentile for employer $ per participant
- Low cost6.5 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving6.0 / 1540th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 10,000+ active participants (41 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 26th |
| Employee saving | 40th |
| Peers that auto-enroll | 24% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Panda Restaurant Group put in about $393 per active participant, more than the typical peer ($393). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.16% of assets) are well above similar-size plans (0.09%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $20,386,329 |
| Participant (employee) contributions | $46,762,732 |
| Other contributions (incl. rollovers in) | $1,659,407 |
| Administrative expenses paid from the plan | $871,993 |
| Other admin expenses | $300 |
| Benefits paid out | $38,111,585 |
| Net assets, start / end of year | $500.3M / $609.8M |
| Active participants, start / end of year | 47,481 / 56,227 |
| Participants with account balances | 14,632 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $863,539 reported compensation |
| Clifton Larson Allen LLP | $8,563 reported compensation |
| Charles Schwab & Co., Inc. | $1,169 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930131056NAL0013247200001, received 2025-09-30, EIN 95-4065005, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.