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Original filing (PDF)20251002080456NAL0000683538001
PEPSICO, INC.
Form 5500
FILING_RECEIVED
PEPSICO EMPLOYEES RETIREMENT PLAN I
Defined-benefit pension plan
Signals · 3
99% in single holdingNo recordkeeper disclosed40 service providers
Active participants
10,017
Accounts w/ balance
—
Plan assets (EOY)
$6.8B
Net assets (EOY)
$6.8B
How this plan invests
This plan
2 pooled trusts
Schedule D
2 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
55
Participation health
100
Knocking points off
- Top holding "PepsiCo, Inc. Defined Benefit Value of interest in Master Trust Master Trust Account 0" is 99% of plan.
- 26 bps in Schedule C fees — 417% above peer band of 5 bps.
- No recordkeeper disclosed on Schedule C.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PEPSICO, INC..
Plan sponsor
Name
PEPSICO, INC.
EIN
13-1584302
Address
700 ANDERSON HILL ROAD · BLDG 3, LEVEL 2 · PURCHASE, NY · 105771444
Phone
(914) 253-2000
Industry
Manufacturingsee all
Plan administrator
Name
PEPSICO ADMINISTRATION COMMITTEE
EIN
13-1584302
City
PURCHASE, NY
Phone
(914) 253-2000
Plan characteristics
Plan number
004
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-02
Pension benefit codes
1A · Pay-related DB formula
1B · Flat-dollar DB formula
1C · Cash balance or similar hybrid DB
1E · Section 401(h) arrangement
3H · Sponsor in controlled / affiliated group
3J · U.S. plan covering Puerto Rico residents
1I · Frozen plan — no new benefit accrual
Audit & trust (Schedule H)
Auditor
KPMG, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
40 rowsOther
40| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INSTI ASSET MGMT | 04-3532603 | — | NONE | $3.4M | — |
| STATE STREET | 04-1867445 | — | NONE | $1.4M | — |
| NISA | 48-1140940 | — | NONE | $1.1M | — |
| MFS INSTITUTIONAL ADVISORS | 04-3247425 | — | NONE | $1.1M | — |
| MERCER | 13-2834414 | — | NONE | $1.0M | — |
| JENNISON ASSOCIATES LLC | 13-2631108 | — | NONE | $821K | — |
| PEPSICO, INC. | 13-1584302 | — | EMPLOYER | $706K | — |
| MARATHON ASSET MANAGEMENT | 44-6201673 | — | NONE | $694K | — |
| CAMBRIDGE ADVISORY GROUP | 20-1353830 | — | NONE | $671K | — |
| ALTRINSIC GLOBAL ADVISORS | 04-3247425 | — | NONE | $659K | — |
| JP MORGAN INVESTMENT MANAGEMENT | 13-3200244 | — | NONE | $634K | — |
| DODGE AND COX | 94-1441976 | — | NONE | $579K | — |
| TIMES SQUARE CAPITAL MANAGEMENT LLC | 20-1665304 | — | NONE | $542K | — |
| WELLINGTON MANAGEMENT CO LLP | 04-2683227 | — | NONE | $520K | — |
| PGIM INC | 22-2540245 | — | NONE | $435K | — |
| LOOMIS SAYLES | 04-3200030 | — | NONE | $388K | — |
| EARNEST PARTNERS | 58-2386669 | — | NONE | $375K | — |
| JP MORGAN CHASE BANK | 82-0820670 | — | NONE | $301K | — |
| ARIEL CAPITAL | 36-3219058 | — | NONE | $291K | — |
| NORTHERN TRUST COMPANY | 36-1561860 | — | NONE | $251K | — |
| VONTOBEL USA INC | 13-3223264 | — | NONE | $233K | — |
| WILLIS TOWERS WATSON | 53-0181291 | — | NONE | $232K | — |
| BLACKROCK INSTITUTIONAL ADVISORS | 94-3112108 | — | NONE | $171K | — |
| DIMENSIONAL FUND ADVISORS | 30-0047847 | — | NONE | $160K | — |
| RUSSELL IMPLEMENTATION SERVICES | 91-0604934 | — | NONE | $154K | — |
| PAYDEN & RYGEL | 95-3921788 | — | NONE | $114K | — |
| PUGH CAPITAL MGMT INC | 91-1522082 | — | NONE | $114K | — |
| PRUDENTIAL BANK & TRUST COMPANY | 58-0513395 | — | NONE | $113K | — |
| TOWERS WATSON INVESTMENT SERVICE IN | 52-1868818 | — | NONE | $95K | — |
| KPMG, LLP | 13-5565207 | — | NONE | $91K | — |
| KILPATRICK STOCKTON | 58-0511774 | — | NONE | $72K | — |
| JAMESTOWN PREMIER PROPERTY FUND | 43-3263193 | — | NONE | $63K | — |
| PRUDENTIAL INSURANCE COMPANY | 22-1211670 | — | NONE | $53K | — |
| TOWNSEND GROUP | 45-3073569 | — | NONE | $33K | — |
| METROPOLITAN LIFE INSURANCE | 13-5581829 | — | NONE | $33K | — |
| BANCO POPULAR | 66-0561870 | — | NONE | $24K | — |
| UBS GLOBAL ASSET MANAGEMENT | 36-3718331 | — | NONE | $15K | — |
| THOMPSON COBURN LLP | 43-0666662 | — | NONE | $9K | — |
| HEALTH AND PRODUCTIVITY CONSULTING, | 45-3341742 | — | NONE | $8K | — |
| COMMITTEE OF INVESTMENT OF EMPLOYEE | 47-5104757 | — | NONE | $8K | — |
Investments
2 pooled funds· $6.6B(96% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PEPSICO, INC. DB MASTER TRUST PEPSICO, INC. · EIN 41-2205169 / PN 120 | Master Trust | — | — | $6.6B | 95.8% | |
| PR PEPSICO, INC. RETIRE PLANS TRUST PEPSICO, INC. · EIN 66-0758419 / PN 122 | Master Trust | — | — | $34.4M | 0.5% |