Darden Restaurants cut its 401(k) match, effective July 1, 2024

“For the calendar quarters ended June 30, 2024, September 30, 2024, December 31, 2024, and March 31, 2025, the Company made matching contributions of 65%, 25%, 80%, and 65%, respectively, of an employee’s contributions, up to the first 6% of eligible compensation contributed to the Plan. For the calendar quarter ended June 30, 2025, the Company made a matching contribution of 80% of an employee's contributions, up to the first 6% of eligible compensation contributed to the Plan. Effective for calendar quarters beginning on or after April 1, 2020, the Company Matching Contribution is determined separately each calendar quarter at the Company's discretion and can range from a minimum of 0% to a maximum of 120% of an employee's contributions, up to the first 6% of eligible compensation contributed to the Plan. Company Matching Contributions are generally contributed to the Plan on a calendar quarter basis.”

Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.

401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.

• Darden Restaurants 401(k) match, vesting and plan facts

  The full record for this employer, including the formula in force now.

• Read the Form 11-K on SEC EDGAR ↗

  The filing that discloses this change, accession 0000940944-25-000061.

• All 401(k) match changes we have found

  The tracker this record belongs to, newest change first.

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