Employers › Philz Coffee
Recordkeeping fees per participant · Philz Coffee 401(k) Plan · plan year 2024
$35.58
Higher than 33% of the 7,477 plans $1 to 10M that report it.
= $22,664 / 637
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250805114922NAL0001802145001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805114922NAL0001802145001, received 2025-08-05
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-05.
Administrative expenses excluding investment management, per participant
$35.58
Higher than 25% of the 14,713 plans $1 to 10M that report it.
= $22,664 / 637
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250805114922NAL0001802145001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805114922NAL0001802145001, received 2025-08-05
Administrative expenses per participant
$37.96
Higher than 18% of the 15,210 plans $1 to 10M that report it.
= $24,179 / 637
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250805114922NAL0001802145001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805114922NAL0001802145001, received 2025-08-05
Administrative expenses as a share of assets
0.367%
Higher than 36% of the 15,243 plans $1 to 10M that report it.
= $24,179 / $6,595,374
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250805114922NAL0001802145001, received 2025-08-05
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250805114922NAL0001802145001, received 2025-08-05
Employer contributions per participant
$290
Higher than 8% of the 13,342 plans $1 to 10M that report it.
= $184,927 / 637
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250805114922NAL0001802145001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805114922NAL0001802145001, received 2025-08-05
Employer share of total contributions
11.1%
Higher than 9% of the 13,370 plans $1 to 10M that report it.
= $184,927 / $1,665,809
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250805114922NAL0001802145001, received 2025-08-05
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250805114922NAL0001802145001, received 2025-08-05
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250805114922NAL0001802145001, received 2025-08-05
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PHILZ COFFEE, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Plan name | PHILZ COFFEE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Sponsor EIN / plan number | 20-8459997 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Sponsor location | OAKLAND, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Industry (business code) | 445299, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Filing received | 2025-08-05 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Participants, beginning of year | 1,278 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Active participants | 1,411 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Participants, end of year | 1,522 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Participants with an account balance | 637 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Total assets, beginning of year | $5,239,087 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Total assets, end of year | $6,595,374 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Net assets, end of year | $6,577,059 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Total income | $2,465,876 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Net income | $1,477,660 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Employer contributions | $184,927 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Participant contributions | $1,175,521 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Other contributions (incl. rollovers) | $305,361 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Total contributions | $1,665,809 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Benefit payments | $964,037 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Total expenses (incl. benefit payments) | $988,216 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Total administrative expenses | $24,179 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Recordkeeping fees | $22,664 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Investment advisory and management fees | $1,515 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Administrative expenses excluding investment management | $22,664 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Held in mutual funds | $6,561,126 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250805114922NAL0001802145001, received 2025-08-05 |
| Independent auditor | BAKER TILLY US LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250805114922NAL0001802145001, received 2025-08-05 |
Position = column in the DOL layout for form year 2024. Filing 20250805114922NAL0001802145001, received 2025-08-05.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees; 65 Account maintenance fees | $22,664 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250805114922NAL0001802145001, received 2025-08-05.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $5,239,087 | $6,595,374 | 25.9% |
| Participants with a balance | 808 | 637 | -21.2% |
| Administrative expenses | $36,611 | $24,179 | -34.0% |
| Recordkeeping fees per participant | $44.54 | $35.58 | -20.1% |
| Employer contributions | $108,673 | $184,927 | 70.2% |
Prior filing 20240913172516NAL0005209491001, received 2024-09-13; the plan years are contiguous.
Sponsor name as filed: PHILZ COFFEE, INC.; SEC registrant: Philz Coffee, Inc. (CIK 1575760, matched by EIN).