Plan Ledger DOL Form 5500 · updated monthly

Umg Recordings, Inc.401(k)

UNIVERSAL MUSIC GROUP 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Umg Recordings, Inc. reported $388,638 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $10,288 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.029%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 100th-largest of 9,483 plans among California employers on file, and the 42nd of 2,199 in information & media. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,399,577,213
Participants with balances6,535
Active participants3,357
Employer contributions$34,537,277
Employee contributions$34,989,172
Employer contribution per active participant$10,288
Average account balance$214,166
Benefits paid to participants$121,148,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 6,535 accts · $34.5M emplr
2023$1.3B · 6,660 accts · $37.7M emplr
2022$1.0B · 6,560 accts · $33.0M emplr
The Umg Recordings, Inc. 401(k) match · 2024
Employer contribution per active participant$10,288
Median for plans this size$5,259
2024$10,288 per active participant
2023$10,473 per active participant
2022$9,325 per active participant

Umg Recordings, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$355,398
FARBER HASS HURLEY LLP$40,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$388,638 · 0.03%
2023$385,032 · 0.03%
2022$346,626 · 0.03%
Same employer
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Adobe Inc. CA$5.0B · 0.02%
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Uber Technologies, Inc. CA$1.4B · 0.03%
Airbnb, Inc. CA$981.8M · 0.00%
Bytedance Inc CA$918.9M · 0.02%
Micro Focus US Inc. CA$917.6M · 0.03%
Yardi Systems, Inc. CA$780.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132613071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.