401(k) · DOL Form 5500 · 2024

Music Choice 401(k) Plan

Data updated 2026-08-11

$59M
Total assets
76
Participants
86th
Percentile by assets
$778,040
Avg per participant
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Official DOL plan name: Music Choice 401(k) Savings Plan · Sponsored by Music Choice · Pennsylvania · Professional & Technical Services

$59M in assets, 76 participants

Music Choice's Music Choice 401(k) Savings Plan reported $59M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #17,511 in Professional & Technical Services (20,173 peers)

Where Music Choice 401(k) Savings Plan sits by assets

Music Choice 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $59M for 76 participants (~$778,040/participant), up 12.2% in 2024.

$59M
total plan assets (2024 EOY)
76
covered participants
86th
percentile by assets (of 123,622 plans)
$778,040
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Music Choice 401(k) Savings Plan reported net income fell from $10M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Music Choice 401(k) Savings Plan end-of-year assets rose from $53M in the plan year 2023 filing to $59M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Music Choice 401(k) Savings Plan vs the 2024 asset distribution

By assets, Music Choice 401(k) Savings Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$59M
Net Income$6M
Employer EIN232649221
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Music Choice)

$40M$50M$60M$70M 202220232024 $42.4M $59.1M ▲ +39.4%
Total plan assets by year, all Music Choice plans on file
Year Plans Participants Total Assets
2022 1 78 $42M
2023 1 76 $53M
2024 1 76 $59M

Nearby 401(k) Plans in Pennsylvania

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

Music Choice 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Music Choice 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Music Choice 401(k) …Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Music Choice 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Music Choice 401(k) Savings Plan assets move in 2024?
Music Choice 401(k) Savings Plan grew at a solid clip - up 12.2% during 2024, from $53M to $59M. Reported net income was $6M.
How have Music Choice plan assets changed over time?
Across 3 plan years on file (2022-2024), Music Choice's sponsor-wide assets grew 39.4%, from $42M to $59M.
Where does Music Choice 401(k) Savings Plan rank by assets among Form 5500 filers?
Music Choice 401(k) Savings Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Music Choice 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Evotec (US) Inc. 401(k) Plan in NJ ($59M, 657 participants).

Scale reading

Ways to act on Music Choice 401(k) Savings Plan's numbers.