Sweetgreen, Inc. 401(K) Plan — Form 5500 plan (Sweetgreen, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sweetgreen, Inc. 401(K) Plan is a benefit plan reported by Sweetgreen, Inc. under EIN 27-1159215 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,839 participants and $23,947,490 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.9MPlan net assets, end of year$23,947,490
Participants4.8KCovered participants reported4,839
Assets / participant$4.9KComputed: assets ÷ participants$4,949 (computed)
Provider compensation$126.7K5 Schedule C provider row(s)$126,685
Plan sponsor
Sweetgreen, Inc.
EIN
27-1159215
Plan number
001
Plan type
2
Location
Los Angeles, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,839H, C20241015114930NAL0014525939001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$23.9M total assets
Net assets$23.9MLiabilities$0
Money in vs. money out
Total income / additions$9.4M
Total expenses$3.1M
Benefits paid / distributions$3M
Contributions
Employer$39.6K
Participant$5.3M
Full reported line items

Net assets

Total assets (EOY)
$23,947,490
Total liabilities (EOY)
$0
Net assets (EOY)
$23,947,490
Net assets (BOY)
$17,667,760

Income & contributions

Employer contributions
$39,640
Participant contributions
$5,250,899
Total contributions
$5,515,442
Total income / additions
$9,407,452

Expenses & distributions

Benefits paid
$2,978,191
Administrative expenses
$126,685
Total expenses
$3,127,722
Net increase / (decrease)
$6,279,730
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 1%Participant 99%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Regatta Capital Group LLCINVESTMENT ADVISOR$58,604not reported in the loaded dataset2023
Sweetgreen IncOTHER$45,521not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$18,765not reported in the loaded dataset2023
Beach Freeman Lim & Cleland LlpAUDITOR$3,795not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages