Peet's Coffee & Tea, Llc. 401(k) Plan: Login, Facts & Contact Information

Peet's Coffee & Tea, Llc. 401(k) Plan Facts

Plan name
PEET'S COFFEE & TEA, LLC SAVINGS & RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PEET'S COFFEE & TEA, LLC
Participants
5,175 (4,443 active employees)
Former employees with a balance
533
Plan assets
$130,266,736 at Dec 31, 2024
Average account balance
$74,995 across 1,737 accounts
Employer contributions
$3,533,436 in plan year 2024 (24% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1989
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $15.0 million went into the plan in contributions, $3.53 million of it from the employer (24%).
  • $12.3 million was paid out to participants.
  • Investment and other income added $17.1 million.
  • Administrative expenses were $170,191, about $98 per account.

How the Peet's Coffee & Tea, Llc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20195,924$78.2 million$2.80 million$6.30 million
20206,098$92.0 million$2.77 million$8.82 million
20214,748$106.7 million$2.98 million$11.5 million
20225,214$89.7 million$3.29 million$10.7 million
20235,281$110.7 million$3.42 million$9.46 million
20245,175$130.3 million$3.53 million$12.3 million

Peet's Coffee & Tea, Llc. 401(k) Contact Information

Phone
510-594-2135
Mailing address
1400 PARK AVENUE, EMERYVILLE CA 946083520
Plan sponsor
PEET'S COFFEE & TEA, LLC
Employer identification number (EIN)
91-0863396
Plan number
001

Questions about the Peet's Coffee & Tea, Llc. 401(k)

Does Peet's Coffee & Tea, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.53 million, 24% of all contributions.

Does the Peet's Coffee & Tea, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Peet's Coffee & Tea, Llc 401(k) plan?

5,175 participants at the start of plan year 2024, 4,443 of them active employees, and 533 former employees who still had money in the plan.

What is the average 401(k) balance at Peet's Coffee & Tea, Llc?

About $74,995 per account: $130.3 million in plan assets across 1,737 accounts with a balance at the end of plan year 2024.

Who manages the Peet's Coffee & Tea, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Peet's Coffee & Tea, Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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