401(k) · DOL Form 5500 · 2023

Umg Recordings, Inc. 401(k) Plan

Data updated 2026-08-11

$1.3B
Total assets
3,539
Participants
99th
Percentile by assets
$354,673
Avg per participant
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Official DOL plan name: Universal Music Group 401(k) Plan · Sponsored by Umg Recordings, Inc. · California · Information & Media

$1.3B in assets, 3,539 participants

Umg Recordings, Inc.'s Universal Music Group 401(k) Plan reported $1.3B in total assets and 3,539 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #2,754 in Information & Media (2,818 peers)

Coverage in California

Universal Music Group 401(k) Plan covers 3,539 participants in California, 5.6x the typical California plan (state average ~630 per filing). Assets: $1.3B.

$1.3B
total plan assets (2023 EOY)
3,539
covered participants
99th
percentile by assets (of 127,072 plans)
$354,673
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Universal Music Group 401(k) Plan reported net income rose from -$189M in the plan year 2022 filing to $214M in the plan year 2023 filing.
  • Universal Music Group 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • Universal Music Group 401(k) Plan reported participants rose from 3,338 in the plan year 2022 filing to 3,539 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Universal Music Group 401(k) Plan reports 3,539 participants - 5.6x that state average ($1.3B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.3B
Net Income$214M
Employer EIN132613071
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Umg Recordings, Inc.)

$1B$1.2B$1.4B$1.6B 202220232024 $1.04B $1.4B ▲ +34.6%
Total plan assets by year, all Umg Recordings, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,338 $1.0B
2023 1 3,539 $1.3B
2024 1 3,602 $1.4B

Nearby 401(k) Plans in California

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

Universal Music Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Universal Music Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Universal Music Grou…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Universal Music Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Universal Music Group 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Universal Music Group 401(k) Plan assets move in 2023?
Universal Music Group 401(k) Plan grew sharply - up 20.6% during 2023, from $1.0B to $1.3B. Reported net income was $214M.
How have Umg Recordings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Umg Recordings, Inc.'s sponsor-wide assets grew 34.4%, from $1.0B to $1.4B.
Where does Universal Music Group 401(k) Plan rank by assets among Form 5500 filers?
Universal Music Group 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Universal Music Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Savs Pl for Emps of Amer Wtr Wks Co Inc & Its Desig Subs in NJ ($1.3B, 6,474 participants).

Next read for Universal Music Group 401(k) Plan

Filing takeaways

Ways to act on Universal Music Group 401(k) Plan's numbers.