Plan Ledger DOL Form 5500 · updated monthly

Starbucks Corporation401(k)

STARBUCKS CORPORATION 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Starbucks Corporation reported $3,620,139 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $832 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 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 8th-largest of 1,714 plans among Washington employers on file, and the 14th of 5,215 in retail trade. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has shrunk from 260,701 to 220,791 since 2022.

Plan summary
Net assets, end of year$4,890,834,953
Participants with balances163,838
Active participants220,791
Employer contributions$183,628,891
Employee contributions$339,046,563
Employer contribution per active participant$832
Average account balance$29,852
Benefits paid to participants$357,138,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9B · 163,838 accts · $183.6M emplr
2023$4.1B · 161,998 accts · $173.2M emplr
2022$3.2B · 152,890 accts · $150.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,657,173
Investment management$962,966
Total administrative$3,620,139
The Starbucks Corporation 401(k) match · 2024
Employer contribution per active participant$832
Median for plans this size$5,259
2024$832 per active participant
2023$749 per active participant
2022$579 per active participant

Starbucks Corporation's 2024 employer contribution ran below the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,657,173
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$962,966

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$3,620,139 · 0.08%
2023$3,195,826 · 0.09%
2022$2,996,822 · 0.09%
Same employer
Similar plansRetail Trade · Washington
Lowes Companies Inc NC$8.6B · 0.01%
Wawa, Inc. PA$5.4B · 0.03%
Winco Holdings, Inc. ID$5.0B · 0.00%
Macys, Inc. OH$4.6B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911325671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.