Plan Ledger DOL Form 5500 · updated monthly

Peet's Coffee & Tea, LLC401(k)

PEET'S COFFEE & TEA, LLC SAVINGS & RETIREMENT PLAN · EMERYVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Peet's Coffee & Tea, LLC reported $170,191 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $795 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 rose from 0.13% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 810th-largest of 9,483 plans among California employers on file, and the 297th of 5,215 in retail trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$130,266,736
Participants with balances1,737
Active participants4,443
Employer contributions$3,533,436
Employee contributions$8,136,828
Employer contribution per active participant$795
Average account balance$74,995
Benefits paid to participants$12,342,677
Plan auditDisclaimer of opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$130.3M · 1,737 accts · $3.5M emplr
2023$110.7M · 1,622 accts · $3.4M emplr
2022$89.7M · 1,669 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,191
Total administrative$170,191
The Peet's Coffee & Tea, LLC 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$3,635
2024$795 per active participant
2023$755 per active participant
2022$726 per active participant

Peet's Coffee & Tea, LLC's 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$173,341

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

Administrative cost history3
2024$170,191 · 0.14%
2023$135,729 · 0.14%
2022$127,359 · 0.13%
Similar plansRetail Trade · California
Big 5 Corp CA$140.9M · 0.15%
The Vons Companies, Inc. CA$135.3M · 0.06%
Toyota of Orange, Inc. CA$135.1M · 0.19%
Grocery Outlet Inc. CA$130.5M · 0.17%
Nugget Market, Inc. CA$126.0M · 0.25%
Kioxia America Inc. CA$118.2M · 0.14%
Beachbody, LLC CA$114.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910863396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.