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MIX crumbs and butter. Press about 1 Tbsp. of the crumb mixture into each of 12 paper-lined muffin cups; top each with 1 Tbsp. of the whipped topping.
BEAT milk and peanut butter with wire whisk in medium bowl until well blended. Add dry pudding mix; beat 2 minutes or until well blended. Gently stir in remaining 1-1/4 cups whipped topping. Spoon evenly into cups. Top each with 1 tsp. preserves.
FREEZE 4 hours or until firm. Peel off paper just before serving.