Swensons Drive-in Restaurants, Llc 401(k) Plan: Login, Facts & Contact Information

Swensons Drive-in Restaurants, Llc 401(k) Plan Facts

Plan name
SWENSON'S 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SWENSONS DRIVE-IN RESTAURANTS, LLC
Participants
280 (173 active employees)
Plan assets
$1,983,578 at Dec 31, 2024
Average account balance
$32,518 across 61 accounts
Employer contributions
$30,622 in plan year 2024 (15% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1996
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Apr 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $211,269 went into the plan in contributions, $30,622 of it from the employer (15%).
  • $21,805 was paid out to participants.
  • Investment and other income added $225,443.

How the Swensons Drive-in Restaurants, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019207$1.58 million$24,364$440,883
2020263$1.17 million$20,911$659,015
2021310$1.42 million$20,521$64,436
2022273$1.33 million$24,116$154,779
2023263$1.62 million$63,524$106,191
2024280$1.98 million$30,622$21,805

Swensons Drive-in Restaurants, Llc 401(k) Contact Information

Phone
330-928-3797
Mailing address
680 E. CUYAHOGA FALLS AVE., AKRON OH 44310
Plan sponsor
SWENSONS DRIVE-IN RESTAURANTS, LLC
Employer identification number (EIN)
34-1168072
Plan number
001

Questions about the Swensons Drive-in Restaurants, Llc 401(k)

Does Swensons Drive-in Restaurants, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $30,622, 15% of all contributions.

Does the Swensons Drive-in Restaurants, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Swensons Drive-in Restaurants, Llc 401(k) plan?

280 participants at the start of plan year 2024, 173 of them active employees.

What is the average 401(k) balance at Swensons Drive-in Restaurants, Llc?

About $32,518 per account: $1.98 million in plan assets across 61 accounts with a balance at the end of plan year 2024.

Who manages the Swensons Drive-in Restaurants, Llc 401(k) accounts?

John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Swensons Drive-in Restaurants, Llc. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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