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Company:
Universal Music Group Recordings, Inc.
Plan:
Universal Music Group Retirement Savings and Profit Sharing Plan
 

Universal Music Group Recordings, Inc.

60 Plan:

 
 
60
8
64
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (60) and the top rated plan (90) could equate to:
[How is this calculated?]
17 additional years of work
Up to $207,400 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 Retirement Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Total Plan Cost. Universal Music Group Retirement Savings and Profit Sharing Plan currently has over 2,500 active participants and over $55.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard Retirement Savings Trust 40%
2. Vanguard Target Retirement 2035 7%
3. Vanguard Target Retirement 2025 6%

 Retirement Plan Details

Address 2220 Colorado Avenue
Santa Monica, CA 90404 
Industry Distilleries
Administrator Ivy Colbert
Sponsor Jason Gallien
Net Plan Assets $55,300,000
Total Participants 2,600
Avg Account Balance $22,000

  Plan Service Providers

Recordkeeper Vanguard Group
Auditor McGladrey

 Comments