401(k) · DOL Form 5500 · 2023

Guitar Center, Inc. 401(k) Plan

Data updated 2026-08-11

$158M
Total assets
13,065
Participants
94th
Percentile by assets
$12,074
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

$158M in assets, 13,065 participants

Guitar Center, Inc.'s Guitar Center, Inc. 401(k) Plan reported $158M in total assets and 13,065 participants in its 2023 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 127,072 plans)
  • #8,119 in Retail Trade (8,414 peers)

Coverage in California

Guitar Center, Inc. 401(k) Plan covers 13,065 participants in California, 21x the typical California plan (state average ~630 per filing). Assets: $158M.

$158M
total plan assets (2023 EOY)
13,065
covered participants
94th
percentile by assets (of 127,072 plans)
$12,074
avg assets per participant

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 2023 · DOL Form 5500

$157,752,402 Top 6% higher than 94% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Guitar Center, Inc. 401(k) Plan reported net income rose from -$24M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Guitar Center, Inc. 401(k) Plan end-of-year assets rose from $128M in the plan year 2022 filing to $158M in the plan year 2023 filing.
  • Guitar Center, Inc. 401(k) Plan reported participants fell from 14,019 in the plan year 2022 filing to 13,065 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Retail Trade

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Guitar Center, Inc. 401(k) Plan reports 13,065 participants - 21x that state average ($158M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$128M
Net Assets (End of Year)$158M
Net Income$30M
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…Intel 401(k) Savings…Apple 401(k) Plan
Guitar Center, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Guitar Center, Inc. 401(k) Plan side-by-side with 3 peers →

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

Guitar Center, Inc. 401(k) Plan reports $158M in end-of-year assets across 13,065 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $12,074 per participant (9% of the national average assets-per-participant) . Net income for plan year 2023 was $30M.

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 Open filing
2023 13,065 $158M This page
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 2023? ▼
Guitar Center, Inc. 401(k) Plan grew sharply - up 23.1% during 2023, from $128M to $158M. Reported net income was $30M.
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 127,072 plans that reported assets for plan year 2023 (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 Dental Care Alliance 401(k) Plan in FL ($158M, 3,859 participants).

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

Filing takeaways

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 854210591.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.