PlanOptica
Retirement plan

STARBUCKS CORPORATION 401(K) PLAN

STARBUCKS CORPORATIONEIN 91-1325671Plan #001PY 2017
Sign in to saveView 5500 PDF
2401 UTAH AVENUE SO. - SEATTLE, WA 98134206-318-4288starbucks.comLinkedIn10001+ employeesretail
Prospect flagsLow participation

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(206) 318-4288
Plan administrator signer
LISA COUTTS
Signed 08/09/2018
How to read this page

Summary metrics

Total assets (EOY)
$1868.8M
-16.4% from 2016
Total participants
218,723
-9.3% from 2016
Average account balance
$18,984
-5.4% from 2016
Annual return
21.12%
-8.84 pp from 2016

Benchmarks

See 92 peers
Peer group
Industry44 - Retail Trade
Plan typeDefined contribution
Participants>=10,000
Cohort92 peers
Snapshot2017
Participant deferral / active EE
$851
median $1,166
Employer contribution / active EE
$499
median $501
Participation rate
36.2%
median 52.7%
Avg account balance
$18,984
median $36,337
Admin fee / account holder
$20
median $50
Annual return
21.12%
median 16.59%
Overall peer rank
47th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$4.89B
Average account balance
Total assets / participants with a balance (line 6g)
$30K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
163,838
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
38.5%
Contributions (total)
Employer and participant dollars contributed each year
$522.68M
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.34%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$22
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 2 by compensation
ProviderService typeCompensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years
Service code 37 · EIN 04-2647786
Loan Processing
$1,753,527
FINANCIAL ENGINES2 years
Service code 27 · EIN 77-0473565
Advisory (Plan)
$253,411

Top hat statement on fileNQDC

Filed January 25, 1999

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II
Admin total
$2.0M
$11 / participant
  • Other / not subdivided$2M100.0%
% of EOY assets
0.107%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
GRANT THORNTON
Auditor EIN
366055558
Audit fees
(not subdivided)
Opinion code
Disclaimer