Plan Snapshot
- Plan Sponsor: Concord Music Group, INC
- Sponsor EIN: 942706496
- Sponsor Address: 5750 WILSHIRE BLVD STE 450, LOS ANGELES, CA, 900363697
- Plan Type: 401(k)
- Total Participants: 494
- Total Assets: $56.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 494 | $56.0M | $1.3M | $4.3M |
| 2023 | 496 | $49.7M | $1.2M | $4.1M |
| 2022 | 454 | $38.8M | $1.0M | $3.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $107,059 | $105,971 | — | — | — |
| 2023 | $85,692 | $84,817 | — | — | — |
| 2022 | $77,338 | — | $77,338 | — | — |