401(k) · DOL Form 5500 · 2022

Guitar Center, Inc. 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
14,019
Participants
94th
Percentile by assets
$9,145
Avg per participant
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Official DOL plan name: Guitar Center, Inc. 401(k) Plan · Sponsored by Guitar Center, Inc. · California · Retail Trade

$128M in assets, 14,019 participants

Guitar Center, Inc.'s Guitar Center, Inc. 401(k) Plan reported $128M in total assets and 14,019 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 139,126 plans)
  • #9,204 in Retail Trade (9,519 peers)

Coverage in California

Guitar Center, Inc. 401(k) Plan covers 14,019 participants in California, 22x the typical California plan (state average ~630 per filing). Assets: $128M.

$128M
total plan assets (2022 EOY)
14,019
covered participants
94th
percentile by assets (of 139,126 plans)
$9,145
avg assets per participant

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Guitar Center, Inc. 401(k) Plan sits by total assets

Guitar Center, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$128,198,421 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Guitar Center, Inc. 401(k) Plan reports 14,019 participants - 22x that state average ($128M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$152M
Net Assets (End of Year)$128M
Net Income-$24M
Employer EIN854210591
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Guitar Center, Inc.)

$120M$140M$160M$180M$200M 202220232024 $128M $182M ▲ +42.3%
Total plan assets by year, all Guitar Center, Inc. plans on file
Year Plans Participants Total Assets
2022 1 14,019 $128M
2023 1 13,065 $158M
2024 1 13,469 $182M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Guitar Center, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Guitar Center, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Guitar Center, Inc. …Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Guitar Center, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Guitar Center, Inc. 401(k) Plan

Guitar Center, Inc. 401(k) Plan reports $128M in end-of-year assets across 14,019 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $9,145 per participant (7% of the national average assets-per-participant) . Net income for plan year 2022 was -$24M.

This plan identity (EIN 854210591, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $128M to $182M (+42.3%) while covered participants moved from 14,019 to 13,469 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 14,019 $128M This page
2023 13,065 $158M Open filing
2024 · index core 13,469 $182M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Guitar Center, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Guitar Center, Inc. 401(k) Plan assets move in 2022?
Guitar Center, Inc. 401(k) Plan declined sharply - down 15.6% during 2022, from $152M to $128M. Reported net income was -$24M.
How have Guitar Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Guitar Center, Inc.'s sponsor-wide assets grew 42.3%, from $128M to $182M.
Where does Guitar Center, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Guitar Center, Inc. 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Guitar Center, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hotel Union and Hotel Industry of Hawaii 401(k) Retirement Savings Plan in HI ($128M, 6,494 participants).

Next read for Guitar Center, Inc. 401(k) Plan

Filing takeaways

Ways to act on Guitar Center, Inc. 401(k) Plan's numbers.