Plan Snapshot
- Plan Sponsor: Pepsico, INC.
- Sponsor EIN: 131584302
- Sponsor Address: 700 ANDERSON HILL ROAD, PURCHASE, NY, 105771444
- Plan Type: DB
- Plan Number: 121
- Total Participants: 73,116
- Total Assets: $4.2B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 73,116 | $4.2B | $0 | $0 |
| 2023 | 72,315 | $4.3B | $150.0M | $0 |
| 2022 | 67,389 | $3.9B | $250.0M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INSTI ASSET MGMT | Other Service Provider | $4,293,771 | — | $4,293,771 |
| STATE STREET | Other Service Provider | $1,821,927 | — | $1,821,927 |
| NISA | Other Service Provider | $1,407,097 | — | $1,407,097 |
| MFS INSTITUTIONAL ADVISORS | Other Service Provider | $1,330,186 | — | $1,330,186 |
| MERCER | Investment Advisor | $1,299,556 | — | $1,299,556 |
| JENNISON ASSOCIATES | Other Service Provider | $1,039,072 | — | $1,039,072 |
| PEPSICO, INC. | Other Service Provider | $893,188 | — | $893,188 |
| MARATHON ASSET MANAGEMENT | Other Service Provider | $878,632 | — | $878,632 |
| CAMBRIDGE ADVISORY GROUP | Other Service Provider | $850,012 | — | $850,012 |
| ALTRINSIC GLOBAL ADVISORS | Other Service Provider | $834,112 | — | $834,112 |
| JP MORGAN INVESTMENT MANAGEMENT | Recordkeeper | $801,958 | — | $801,958 |
| DODGE AND COX | Other Service Provider | $732,730 | — | $732,730 |
| TIMES SQUARE CAPITAL MANAGEMENT LLC | Other Service Provider | $685,934 | — | $685,934 |
| WELLINGTON MANAGEMENT CO LLP | Other Service Provider | $657,763 | — | $657,763 |
| PGIM INC | Recordkeeper | $550,447 | — | $550,447 |
| LOOMIS SAYLES | Other Service Provider | $490,832 | — | $490,832 |
| EARNEST PARTNERS | Other Service Provider | $474,192 | — | $474,192 |
| JP MORGAN CHASE BANK | Other Service Provider | $381,017 | — | $381,017 |
| ARIEL CAPITAL | Other Service Provider | $368,204 | — | $368,204 |
| NORTHERN TRUST COMPANY | Other Service Provider | $318,167 | — | $318,167 |
| VONTOBEL USA INC | Other Service Provider | $294,337 | — | $294,337 |
| WILLIS TOWERS WATSON | Other Service Provider | $293,686 | — | $293,686 |
| BLACKROCK INSTITUTIONAL ADVISORS | Other Service Provider | $216,848 | — | $216,848 |
| DIMENSIONAL FUND ADVISORS | Other Service Provider | $202,159 | — | $202,159 |
| RUSSELL IMPLEMENTATION SERVICES | Investment Advisor | $194,601 | — | $194,601 |
| PAYDEN & RYGEL | Other Service Provider | $144,729 | — | $144,729 |
| PUGH CAPITAL MGMT INC | Other Service Provider | $144,142 | — | $144,142 |
| PRUDENTIAL BANK & TRUST COMPANY | Other Service Provider | $143,523 | — | $143,523 |
| TOWERS WATSON INVESTMENT SERVICE | Other Service Provider | $120,245 | — | $120,245 |
| KPMG, LLP | Auditor | $115,085 | — | $115,085 |
| KILPATRICK STOCKTON | Other Service Provider | $91,501 | — | $91,501 |
| JAMESTOWN PREMIER PROPERTY FUND | Other Service Provider | $79,128 | — | $79,128 |
| PRUDENTIAL INSURANCE COMPANY | Recordkeeper | $66,661 | — | $66,661 |
| TOWNSEND GROUP | Other Service Provider | $41,532 | — | $41,532 |
| METROPOLITAN LIFE INSURANCE | Other Service Provider | $41,316 | — | $41,316 |
| BANCO POPULAR | Other Service Provider | $30,895 | — | $30,895 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $18,691 | — | $18,691 |
| THOMPSON & COBURN | ERISA Attorney | $11,229 | — | $11,229 |
| HEALTH AND PRODUCTIVITY CONSULTING | Other Service Provider | $10,609 | — | $10,609 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER — Investment Advisor
- JP MORGAN INVESTMENT MANAGEMENT — Recordkeeper
- PGIM INC — Recordkeeper
- RUSSELL IMPLEMENTATION SERVICES — Investment Advisor
- KPMG, LLP — Auditor
- PRUDENTIAL INSURANCE COMPANY — Recordkeeper
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
- THOMPSON & COBURN — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,369,714
- Estimated Expense Ratio: 0.533% 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 | $16,271,000 | — | — | $113,000 | — |
| 2023 | $15,041,000 | — | — | $153,000 | — |
| 2022 | $15,860,000 | — | — | — | $15,860,000 |