Driven Brands 401(k) plan

Driven Brands Inc., Charlotte, NC. EIN 20-0381531. Annual reports 2009–2024. Also filed as Driven Brands, Inc.

Driven Brands Inc. has one active retirement plan on file, the Driven Brands, Inc. Employee Retirement Savings Plan, with 7,168 participants and $79.9 million in assets in 2024. Principal has been its recordkeeper since 2019. No traditional pension plan appears in Driven Brands's filings since 2009.

Active plans: 1
Participants: 7,168
Plan assets: $79.9 million
401(k) recordkeeper: Principal
Plans on file: 1
Industry: Retail

The plan

Driven Brands, Inc. Employee Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 20-0381531
Participants (2024): 7,168
Net assets (2024): $79.9 million
Recordkeeper: PrincipalEarlier: Wells Fargo (2010–2018), Wachovia Bank (2009)
Plan administrator: Driven Brands Inc.
440 S Church ST, Suite 700
Charlotte, NC 28202
(704) 644-8192As filed for 2024
In effect since: August 15, 2003

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	7,168	$79.9 million	Principal
2023	7,776	$66.2 million	Principal
2022	7,370	$45.3 million	Principal
2021	5,991	$48.4 million	Principal
2020	5,019	$40.1 million	Principal
2019	3,784	$23.4 million	Principal
2018	2,435	$19.1 million	Wells Fargo
2017	2,058	$19.2 million	Wells Fargo
2016	1,438	$15.7 million	Wells Fargo
2015	274	$6.8 million	Wells Fargo
2014	283	$6.3 million	Wells Fargo
2013	225	$7.3 million	Wells Fargo
2012	268	$7.6 million	Wells Fargo
2011	475	$9.2 million	Wells Fargo
2010	467	$9.0 million	Wells Fargo
2009	611	$8.0 million	Wachovia Bank

If you had money in one of these plans

Call Principal (principal.com), which runs the Driven Brands, Inc. Employee Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((704) 644-8192). That number was filed for 2024; ask for the benefits or retirement plan office.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

The plan

Driven Brands, Inc. Employee Retirement Savings Plan

If you had money in one of these plans

What these numbers are

Other retail employers in NC