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Company:
Broadcast Music, Inc.
Plan:
Defined Contribution Plan for Employees of Broadcast Music, Inc. and Certain Subsidiaries
 

Broadcast Music, Inc.

74 Plan:

 
 
74
35
59
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
8 additional years of work
Up to $65,300 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Defined Contribution Plan for Employees of Broadcast Music, Inc. and Certain Subsidiaries is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances. Defined Contribution Plan for Employees of Broadcast Music, Inc. and Certain Subsidiaries currently has over 800 active participants and over $71.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
14
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Value 24%
2. PIMCO Total Return 15%
3. Bank of America Equity Index Trust 9%

 Retirement Plan Details

Address 10 Music Square East
Nashville, TN 37203-4321 
Industry Arts, Entertainment, and Recreation
Administrator Nada Latto
Net Plan Assets $71,700,000
Total Participants 830
Avg Account Balance $100,000

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Kraft CPAs

 Comments