UMG Recordings, Inc.
77
Plan:
10
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (77) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $15,800 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
Universal Music Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Universal Music Group 401k Plan currently has over 4,300 active participants and over $358.5M in plan assets.
Retirement Plan Details
| Address |
2220 Colorado Avenue
Santa Monica, CA 90404 |
| Industry | Distilleries |
| Administrator | Ivy Colbert |
| Sponsor | Charles C. Ciongoli |
| Net Plan Assets | $359,000,000 |
| Total Participants | 4,400 |
| Avg Account Balance | $82,000 |
Compare Other Companies in Peer Group
| Constellation Brands | 82.4 |
| E & J Gallo Winery | 81.7 |
| Brown-Forman | 81.4 |
| Lorillard Tobacco Company | 78.0 |
| MillerCoors, LLC | 72.6 |
| Diageo North America | 71.1 |
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