Darden Restaurants 401(k) Plan

The Darden Savings Plan is a defined contribution 401(k) plan sponsored by Darden Restaurants, Inc., covering 210,222 total participants (197,946 active) with 43,129 holding account balances at plan year end. Total plan assets stood at $1,585,175,658 as of April 30, 2025. Principal Life Insurance Company serves as recordkeeper and trustee, with Newport Trust acting as independent fiduciary for the Company Stock Fund. The plan includes an ESOP component holding allocated Darden common stock (no outstanding ESOP loan since December 2019) and absorbed the Chuy's Opco 401(k) Plan via merger effective April 1, 2025.

Participants: 201,534 Plan assets: $1,585,175,658 Plan number: 044 Form 5500 plan year: 2024 Last verified: May 27, 2026 View Form 5500
Employer match
Variable quarterly match of 0% to 120% on the first 6% of eligible pay, determined at company discretion each quarter
Investment options
24
funds in the lineup
Auto-enrollment
No auto-enrollment feature disclosed in the filing

By Zac Murphy, CFA charterholder and CFP professional. Published May 27, 2026. Verified against Form 5500 plan year 2024.

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Answer 13 quick questions to find your risk profile and see which of five sample allocations fits.

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Fund lineup

Fund Asset Class Type
Darden Common Stock Company Stock Other
AllSpring Government Money Market Fund Money Market Other
Principal Fixed Income Guaranteed Option Stable Value Other
John Hancock Bond Trust Fund US Bonds Active
Vanguard Institutional Index Fund Institutional US Large Cap Index
BlackRock Advantage Small Cap Core Fund US Small Cap Active
Vanguard Total Bond Market Index Institutional US Bonds Index
Vanguard Extended Market Index Institutional US Small Cap Index
Vanguard Total International Stock Index Fund Institutional International Equity Index
Principal Real Estate US Property Real Estate Other
Invesco Stable Value Trust Stable Value Other
TS&W International Large Cap Equity M Fund International Equity Active
Vanguard Target Retirement 2070 Fund Target-date Index
Vanguard Target Retirement 2065 Fund Target-date Index
Vanguard Target Retirement 2060 Fund Target-date Index
Vanguard Target Retirement 2055 Fund Target-date Index
Vanguard Target Retirement 2050 Fund Target-date Index
Vanguard Target Retirement 2045 Fund Target-date Index
Vanguard Target Retirement 2040 Fund Target-date Index
Vanguard Target Retirement 2035 Fund Target-date Index
Vanguard Target Retirement 2030 Fund Target-date Index
Vanguard Target Retirement 2025 Fund Target-date Index
Vanguard Target Retirement 2020 Fund Target-date Index
Vanguard Institutional Target Retirement Income Fund Target-date Index

Why our allocations use only index funds

The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation ideas below may consider using only the low-cost index options.

Employer match

Match summary
Variable quarterly match of 0% to 120% on the first 6% of eligible pay, determined at company discretion each quarter
Match cap 6% of pay
Effective match rate --
Vesting 100% vested immediately on employee contributions and DSP Advantage Allocations; Company Matching and RPC vest 5% per fiscal quarter starting in the fifth quarter of service, fully vested after 24 fiscal quarters (6 years)
Waiting period Employees age 18+ may begin contributing immediately upon commencement of employment; one year of service required for C
$
Contribute this much to capture the full match
6% of your eligible pay, every paycheck.

Variable quarterly match of 0% to 120% on the first 6% of eligible pay, determined at company discretion each quarter Contributing less than 6% of your eligible pay leaves part of Darden Restaurants, Inc.'s match unclaimed.

What the match is worth at your pay After 1 year of service, contributing 6%
Annual pay Your contribution Employer match Total to 401(k)

Estimates assume a constant salary and the match formula shown above. Your actual match depends on your plan's exact terms.

The cost of contributing only --%

On a $60,000 salary, contributing just half the match threshold would leave about -- in employer match unclaimed each year. Invested over 20 years at a hypothetical 7% annual return, that forgone match could have grown to roughly -- (a hypothetical illustration, not a projection). The match is the highest-return contribution you will make all year.

Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with Darden Restaurants, Inc..

Find your risk profile

Answer 13 questions to see which allocation fits your situation.

Question 1 of 13

Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.

Allocation ideas

Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.

Recommended for you (based on your risk profile)
Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
Vanguard Total Bond Market Index Institutional 70%
AllSpring Government Money Market Fund 30%
0% stocks / 100% bonds
Recommended for you (based on your risk profile)
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
Vanguard Total Bond Market Index Institutional 49%
AllSpring Government Money Market Fund 21%
Vanguard Institutional Index Fund Institutional 19%
Vanguard Total International Stock Index Fund Institutional 8%
Vanguard Extended Market Index Institutional 3%
30% stocks / 70% bonds
Recommended for you (based on your risk profile)
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
Vanguard Institutional Index Fund Institutional 39%
Vanguard Total Bond Market Index Institutional 28%
Vanguard Total International Stock Index Fund Institutional 15%
AllSpring Government Money Market Fund 12%
Vanguard Extended Market Index Institutional 6%
60% stocks / 40% bonds
Recommended for you (based on your risk profile)
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
Vanguard Institutional Index Fund Institutional 52%
Vanguard Total International Stock Index Fund Institutional 20%
Vanguard Total Bond Market Index Institutional 14%
Vanguard Extended Market Index Institutional 8%
AllSpring Government Money Market Fund 6%
80% stocks / 20% bonds
Recommended for you (based on your risk profile)
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
Vanguard Institutional Index Fund Institutional 65%
Vanguard Total International Stock Index Fund Institutional 25%
Vanguard Extended Market Index Institutional 10%
100% stocks / 0% bonds
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These allocation ideas are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.