Music Choice 401(K) Savings Plan — Form 5500 plan (Music Choice)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Music Choice 401(K) Savings Plan is a benefit plan reported by Music Choice under EIN 23-2649221 and plan number 001. The latest loaded filing year is 2023. The filing reports 201 participants and $52,693,280 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Music Choice
- EIN
- 23-2649221
- Plan number
- 001
- Plan type
- 2
- Location
- Horsham, PA
- Latest filing year
- 2023
- Participants
- 201
- End-of-year plan assets
- $52,693,280
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 201 | H, C | 20241010115607NAL0039922498001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $52,693,280
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $52,693,280
- Net assets (BOY)
- $42,432,678
Income & contributions
- Employer contributions
- $982,265
- Participant contributions
- $1,076,505
- Total contributions
- $2,619,031
- Total income / additions
- $11,931,453
Expenses & distributions
- Benefits paid
- $1,660,879
- Administrative expenses
- $9,972
- Total expenses
- $1,670,851
- Net increase / (decrease)
- $10,260,602
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $10,422 | $0 | 2023 |