Plan Ledger DOL Form 5500 · updated monthly

Caribou Coffee Company, Inc.401(k)

CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES 401(K) PLAN · BROOKLYN CENTER, MN · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Caribou Coffee Company, Inc. reported $105,365 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $83 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.27% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 524th-largest of 1,918 plans among Minnesota employers on file, and the 146th of 2,240 in accommodation & food services. In 2024, employees put in $6.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,278,434
Participants with balances1,446
Active participants7,328
Employer contributions$608,431
Employee contributions$3,969,027
Employer contribution per active participant$83
Average account balance$32,004
Benefits paid to participants$7,716,664
Plan auditUnmodified (clean) audit opinion
AuditorDAN ASWELL
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 1,446 accts · $608K emplr
2023$43.8M · 1,501 accts · $538K emplr
2022$37.5M · 1,478 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,490
Investment management$40,875
Total administrative$105,365
The Caribou Coffee Company, Inc. 401(k) match · 2024
Employer contribution per active participant$83
Median for plans this size$2,416
2024$83 per active participant
2023$78 per active participant
2022$40 per active participant

Caribou Coffee Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$198,475
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$40,875

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Caribou Coffee Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,365 · 0.23%
2023$135,927 · 0.33%
2022$109,060 · 0.27%
Same employer
Similar plansAccommodation & Food Services · Minnesota
Centerplate, Inc. SC$48.9M · 0.24%
Ezcater, Inc. MA$48.1M · 0.04%
Auberge Resorts, LLC CA$48.0M · 0.54%
R.C. Hedreen Company WA$47.4M · 0.05%
Unique Vacations, Inc. FL$45.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411731219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.