Plan Snapshot
- Plan Sponsor: Peet'S Coffee & Tea, LLC
- Sponsor EIN: 910863396
- Sponsor Address: 1400 PARK AVENUE, EMERYVILLE, CA, 946083520
- Plan Type: 401(k)
- Total Participants: 4,443
- Total Assets: $130.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,443 | $130.3M | $3.5M | $8.1M |
| 2023 | 4,532 | $110.7M | $3.4M | $7.7M |
| 2022 | 4,540 | $89.7M | $3.3M | $7.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $173,341 | — | $173,341 |
| BPM LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $173,341
- Estimated Expense Ratio: 0.133% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $170,191 | — | $170,191 | — | — |
| 2023 | $135,729 | — | $135,729 | — | — |
| 2022 | $127,359 | — | $127,359 | — | — |